Bad news for employees of this company as it lays off 150 workers due to…, just months after CEO defended buying Rs 6450000000 private jet, not Apple, Amazon, Google, or Microsoft, it is…
Layoffs are becoming an increasingly salient issue across industries around the world, signaling economic insecurity and changing company priorities. According to a recent news report, Jira software maker Atlassian has reportedly laid off 150 employees. The Australian software company intends to replace some of those jobs with new AI technology.
The layoffs came just a couple of months after Atlassian's billionaire CEO and co-founder, Mike Cannon-Brookes, explained in part why he purchased a private jet.
In March, Cannon-Brookes, co-founder of Atlassian, elaborated about his decision to purchase a $75 million Bombardier 7500 jet on LinkedIn, stating that his purchase was strictly an effort to help him spend more time with his family.
Meanwhile, when the company recently announced the abolition of 150 jobs, fellow co-founder and former CEO Scott Farquhar supported the move.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
18 minutes ago
- Hans India
Arunachal CM distributes AI reading devices to empower specially abled students
Itanagar: Arunachal Pradesh Chief Minister Pema Khandu on Tuesday handed over AI-based reading devices to students of a school for the hearing and visually impaired near here, allowing them access to printed, handwritten and digital content. 'Real progress happens when innovation meets compassion, and when no one is left behind,' Khandu said, as he distributed the 'KIBO' devices to students of the Donyi Polo Mission School for the Hearing and Visually Impaired at Chimpu. 'With KIBO, our children can now access printed, handwritten and digital content on their own, in their own language, and at their own pace,' he said. The school was established in 1990 by former chief minister Gegong Apang. Recognising its contribution to inclusive education, the state government had recently enhanced the school's annual grant-in-aid to Rs 2 crore and announced a Rs 5-crore corpus fund to ensure long-term sustainability, officials said.
Hindustan Times
18 minutes ago
- Hindustan Times
Price drop alert! Green Soul office chairs at up to 70% off on Amazon Great Freedom Festival Sale
Finding a comfortable office chair that supports your back without looking bulky isn't always easy. Green Soul's line-up brings that balance right in. Designed for long hours and focused work, their chairs are known for ergonomic builds, breathable mesh backs and contoured support. With the Amazon Great Freedom Festival Sale rolling out steep discounts of up to 70%, it's a good time to make the switch. Green Soul's ergonomic office chairs are now at major discounts on Amazon. Comfort, style, and savings in one click. From minimalist styles to high-back designs that help reduce fatigue, there's a Green Soul office chair for every kind of desk setup. Add to that Amazon deals on fast delivery and easy checkout, and you've got yourself a pretty solid reason to upgrade. Don't miss the price drop if your current chair isn't pulling its weight. 8 Green Soul office chairs with the best Amazon offers Loading Suggestions... Built for those clocking in serious desk time, the Jupiter Superb balances support with adjustability. The multi-lock synchro tilt mimics natural movement, while the 2D lumbar and 3D headrest adapt to your posture. Breathable mesh, memory foam and height-flex design round out what makes this a smart pick in the best Green Soul office chair line-up. Loading Suggestions... Perfect for compact workspaces, the Seoul X offers a breathable mesh back paired with a thick foam seat that stays comfortable even during long sitting hours. The rocking-tilt function helps ease tension between tasks. Fixed fibre armrests support posture while the metal base keeps it sturdy. It's a solid everyday office chair built for simple comfort and function. Loading Suggestions... The Pebble offers breathable comfort with its mesh back and thick foam seat, ideal for everyday use. A knee-tilt mechanism with lock lets you adjust recline with ease, while fixed lumbar support encourages better posture. Built with a sturdy metal base, it's a dependable office chair that blends function and simplicity, especially for compact home setups. Loading Suggestions... The Zodiac Lite blends style with ergonomic essentials. Its Flybird back design promotes airflow, while the 1D padded armrests and adjustable lumbar offer comfort that adapts to your body. The synchro tilt mechanism helps maintain natural posture through the day. If you're after the best Green Soul office chair in a refreshing colour palette, this one easily makes the list. Loading Suggestions... The Kiev brings structured comfort with its contoured lumbar support and pressure-point cushioning that eases hip and lower back strain. High-density memory foam, cushioned armrests and a tilt-rocking function add to its ergonomic edge. Designed for those who sit long hours, this office chair blends executive aesthetics with thoughtful design to create a workspace that's both functional and comfortable. Loading Suggestions... Designed for compact spaces and casual work setups, the Atom offers a breathable mesh back and a thick foam seat that keeps things comfortable without overheating. Its rocking tilt lets you shift positions smoothly, while the fixed armrests support basic posture. A practical choice for home users looking for an affordable yet ergonomic office chair with a reliable frame. Loading Suggestions... The Yoga chair focuses on adaptable comfort with its 3D headrest and 2D lumbar support that shift with your posture. The smart synchro mechanism maintains natural movement while keeping you supported through long hours. Its breathable mesh, fixed armrests and sturdy base make it a balanced choice for those seeking the best Green Soul office chair for daily work needs. Loading Suggestions... Built for taller users, the Monster Ultimate Series T blends gaming comfort with office-ready function. Its spandex and PU leather mix keeps the seat breathable, even during intense gaming sessions. With 4D adjustable armrests, a wide recline range and memory foam pillows, this chair adapts to your posture. A solid pick if you want the best office chair that doesn't feel like one. Similar articles for you Dinner sets: Top 8 picks to transform your table with style and function Best mattresses for a peaceful and comfortable sleep. Here are our top 8 picks for you Mattress matters: Find your dreamy match made in heaven; Nap like a champ! Green Soul Office Chairs: FAQs Are Green Soul office chairs designed for long hours at the desk? Yes, Green Soul chairs are made with work comfort in mind. Features like mesh backs, moulded foam seats and tilt mechanisms help reduce fatigue during extended sitting. Which height ranges do Green Soul chairs support best? Most Green Soul chairs are ideal for users between 5ft 2in and 6ft 1in. Models like the Monster Ultimate Series T work well for taller users, too. Do these chairs come pre-assembled? They usually come in flat-pack form, but assembly is simple with the included tools. Some models also have the option of assisted installation in certain cities. Is back support reliable in Green Soul chairs? Yes. From adjustable lumbar support to contoured cushions, Green Soul chairs are structured to promote better posture and reduce lower back discomfort during daily use. Disclaimer: At Hindustan Times, we help you stay up-to-date with the latest trends and products. Hindustan Times has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act, 2019, concerning the products. The products listed in this article are in no particular order of priority.
Time of India
18 minutes ago
- Time of India
Stock Radar: Down 18% from highs! Nestle India stock rebounds after testing 2,200 support. What should investors do?
Nestlé India Ltd, a key player in the packaged foods industry, has rebounded after testing support near the Rs 2,200 level on the daily charts. However, the stock remains down by approximately 18% from its recent highs. Short-term traders with a high-risk profile can consider buying the stock for a target of Rs 2,427 in the next 1–2 months, suggest experts. The stock, which is part of the BSE 100 index, hit a high of Rs 2,777 on 27th September
