Atlassian is laying off 10% of its workforce and splitting its CTO role in two to redirect cash toward AI development - but the company's own CEO pledged a hiring surge five months ago.
Naval Ravikant declared 'AI is eating software' as the SaaSpocalypse erased over $1 trillion in SaaS market value, with Atlassian cutting 1,600 jobs after its first decline in enterprise seats.