Story perspectives
Atlassian and Block CEOs Announce Major AI-Driven Layoffs
3/13/2026
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Story summary
- Atlassian CEO Mike Cannon-Brookes and Block CEO Jack Dorsey announced layoffs tied to a shift toward AI-driven work models.
- They emphasize the cuts are not due to economic struggles but a strategic adaptation to new technology.
- Block CEO Jack Dorsey plans to cut over 40% of Block's workforce.
- Atlassian CEO Mike Cannon-Brookes will reduce Atlassian's staff by about 10%.
- Experts say AI can raise efficiency but cannot replace human workers.
