Software manufacturer Atlassian is laying off around 10 percent of its workforce to have more funds for AI investments. “We are doing this to self-fund further investment in AI and enterprise sales while strengthening our financial profile,” explained CEO Mike Cannon-Brookes. In total, around 1600 people are losing their jobs. Cannon-Brookes emphasized in his blog post that Atlassian does not follow the philosophy of replacing people with AI. At the same time, he also stated, “It would be disin...