Atlassian Lays Off 500 Workers in Big Techs Latest Casualty 2023/03/08 13:42:05 One News Page
The software company Atlassian has decided to cut 500 workers equating to 5% of its workforce as the firm funnels more resources into growth divisions like cloud computing. The Trello and Jira owner broke the news to affected workers by email, just four months after Atlassian pledged …
Atlassian Lays Off 500 Employees 2023/03/07 21:54:08 Allwork.Space
Atlassian has released news today that it is letting go of 500 staff members, representing 5% of its worldwide staff. Despite growing revenue, their quarterly reports have been showing net losses, yet the CEOs reasserted that their decision is unrelated to their financial position. The post Atlassian Lays Off 500 Employees appeared first on Allwork.Space .
Atlassian Corporation (TEAM) Morgan Stanley Technology, Media & Telecom Conference Transcript 2023/03/07 19:06:06 Seeking Alpha
Atlassian Corporation (NASDAQ:NASDAQ:TEAM) Morgan Stanley Technology, Media & Telecom Conference March 7, 2023 12:10 PM ETCompany ParticipantsAnu Bharadwaj – President and Chief…
Why Atlassian Corporation Stock Might Make Sense If Bought Today 2023/03/07 18:00:00 Stocks Register
Atlassian Corporation (NASDAQ:TEAM) traded at $180.71 at last check on Tuesday, March 07, made an upward move of 2.59% on its previous day’s price. Looking at the stock we see that its previous close was $176.15 and the beta (5Y monthly) reads 0.83 with the day’s price range being $175.70 – $181.89. In terms of … Why Atlassian Corporation Stock Might Make Sense If Bought Today Read More »
Atlassian Layoffs 2023: What to Know About the Latest TEAM Job Cuts 2023/03/07 16:34:23 InvestorPlace
Source: flowgraph / Shutterstock.com How should the market react to yesterday’s announcement that Atlassian (NASDAQ: TEAM ) is implementing a round of job cuts ? You might assume financial traders would be anxious about this development. Interestingly enough, though, TEAM stock is rising this morning despite the news about Atlassian layoffs. In case you’re not familiar with the company, Atlassian is a large software developer based in Australia. The company has a $46 billion market capitalization and has been around since 2002 . Since this is a large company, it’s a big deal that Atlassian plans to lay off 500 full-time employees. This cut equates to roughly 5% of the company’s workforce. Thus, Atlassian is now a member of what I call the “Big Tech Layoff Club,” which seems to be growing every day. Atlassian co-CEOs Mike Cannon-Brookes and Scott Farquhar wrote a memo to the company’s employees regarding the layoffs. “We need to go further in rebalancing the skills we require to run faster at our company priorities,” the co-CEOs explained.
Atlassian Corporation Plc''s (TEAM) Management Presents at Baird 2022 Global Consumer, Technology & Services Conference (Transcript) 2022/06/08 18:20:01 Seeking Alpha
Call End: Atlassian Corporation Plc (NASDAQ:NASDAQ:TEAM) Baird 2022 Global Consumer, Technology & Services Conference June 8, 2022 12:15 PM ET Company Participants Cameron Deatsch -…
Attackers Employ Public Exploits to Attack Atlassian Confluence Flaw 2022/06/08 12:26:41 ITSecurityWire
Threat actors are pinning down a serious zero-day Remote Code Execution (RCE) weakness that affects all versions of a popular collaboration application used in cloud and hybrid server environments and enable for complete host takeover using publicly available vulnerabilities. According to a blog post published last week by Volexity, researchers discovered the issue in Atlassian […] The post Attackers Employ Public Exploits to Attack Atlassian Confluence Flaw appeared first on ITSecurityWire .
Atlassian Corporation Plc (TEAM) Shares Are Down -50.10% YTD 2022/06/07 14:00:00 Marketing Sentinel
Atlassian Corporation Plc (NASDAQ:TEAM) has a beta value of 1.09 and has seen 1.01 million shares traded in the last trading session. The company, currently valued at $49.91B, closed the last trade at $190.27 per share which meant it lost -$0.3 on the day or -0.16% during that session. The TEAM stock price is -153.92% … Atlassian Corporation Plc (TEAM) Shares Are Down -50.10% YTD Read More »
Atlassian key partner in Aust-India trade 2022/06/06 23:09:18 Yahoo Australia
Australian-founded tech giant Atlassian will replace packaging company Visy Industries as the principal corporate sponsor of the Australia India Leadership Dialogue.The partnership will run for two years and be held in India in 2022 and in Australia in 2023.
Australia’s billionaire slams Elon Musk’s ultimatum to Tesla employees 2022/06/04 15:16:26 BOL News
Elon Musk got into a Twitter feud with Australia’s third-richest man on Friday. Musk has a history of going up against other billionaires. Farquhar’s Atlassian co-founder, publicly accepted and facilitated Musk’s offer to donate a large Tesla battery installation. Elon Musk, CEO of Tesla, got into a Twitter feud with Australia’s billionaire man on Friday. […] The post Australia’s billionaire slams Elon Musk’s ultimatum to Tesla employees appeared first on BOL News .
Who is Mike Cannon-Brookes, the tech billionaire who tried to buy Australia''s biggest energy provider? 2022/03/07 00:59:26 Australian Broadcasting Corporation
The 42-year-old Atlassian co-founder has been making headlines trying to execute what he called the biggest decarbonisation project in the world.
‘Woke bloke’ Mike Cannon-Brookes has ‘gone soft’ on Vladimir Putin 2022/03/03 08:03:32 The Daily Telegraph
Sky News host Peta Credlin says Mike Cannon-Brookes has “gone soft” on Russian President Vladimir Putin. In a note to Atlassian employees by Mr Cannon-Brookes and the co-founder, Russia’s invasion of Ukraine was called a ‘complex geopolitical situation’, which Ms Credlin said was “wrong and it’s weak”. “Now I''ve seen plenty of examples of moral cowardice from corporate types, but that takes the cake,” Ms Credlin said. “But who’s surprised? This is the woke bloke who wants to seize control of one of our biggest energy companies simply to shut it down at the very same time the rest of the world is fighting for energy sovereignty.” She said today came the “mop-up job” after Atlassian announced it would pause all new sales to Russia and have condemned the actions of the Russian government. “They got there in the end.”
Atlassian to halt sales to Russia after criticism 2022/03/03 03:18:00 Herald Sun Australia
Australian software giant Atlassian will pause all new sales to Russia, after the company’s billionaire co-founders Mike Cannon-Brookes and Scott Farquhar copped criticism from customers and users for not going far enough in their support for Ukraine.
Artisan Partners: “Atlassian Corp. (TEAM) Remains a High Conviction Holding” 2022/02/25 08:32:28 Insider Monkey
Artisan Partners, a high value-added investment management firm, published its ‘Artisan Mid Cap Fund’ fourth quarter 2021 investor letter – a copy of which can be downloaded here.
513 IIM Bangalore students bag 662 offers; consulting and product management domains lead recruitment 2022/02/23 13:33:45 Economic Times India
The Lateral and Final Placements for the PGP and PGPBA Class of 2020-22 of the Indian Institute of Management Bangalore (IIMB) saw 662 offers, leading to all 513 students who appeared for placements being placed over two interview days.Overall, there has been a 37% increase in the number of offers YoY, driven primarily by Consulting and Product Management roles. Strategy Consulting continued to be the most sought-after role among the students, followed by Product Management and Finance, said Harsh Agrawal, Placement Representative, in a statement.Consulting companies made 248 offers led by Accenture with 51 offers, followed by Boston Consulting Group with 30 offers. Top recruiters included Kearney, Bain & Company, McKinsey & Company, Ernst & Young, PricewaterhouseCoopers and Tata Consultancy Services, among others.Prominent recruiters in the Information Technology and Product Management domain, who made 141 offers include Microsoft (15), OYO (11), Amagi Labs (7), Oracle (7), Atlassian, Google Info Edge and Razorpay.Other companies in the IT/Product Management domain rolled out 40 offers.