Topic: severance packages

  • Atlassian Cuts 1,600 Jobs and Replaces CTO in Major Shake-Up

    Atlassian Cuts 1,600 Jobs and Replaces CTO in Major Shake-Up

    Atlassian is laying off 1,600 employees (10% of its workforce) to strategically realign skills and invest in AI, despite recent strong cloud revenue growth and user metrics. The job cuts are concentrated in R&D and across North America, Australia, and India, costing up to $236 million and coincid...

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  • 2025 Tech Layoffs: The Complete List

    2025 Tech Layoffs: The Complete List

    The technology sector has seen over 22,000 job cuts in 2025, driven by companies prioritizing AI integration and operational efficiency, with February alone accounting for more than 16,000 layoffs. Major tech firms like Google, Microsoft, and Amazon conducted significant workforce reductions, oft...

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  • SK Telecom's new AI unit offers voluntary buyouts weeks after launch

    SK Telecom's new AI unit offers voluntary buyouts weeks after launch

    SK Telecom is offering a voluntary retirement program for its newly formed AI division (AI CIC) to consolidate AI units and support employees facing role or location changes, not as forced layoffs. The AI CIC is responsible for developing the personal AI assistant "A.", managing AI data centers, ...

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