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Atlassian says it’s laying off 10% of its global workforce and attributes the cut to the ‘AI era’

Dado Ruvic/REUTERSAtlassian announced plans to cut 1,600 jobs to focus on AI and enterprise growth initiatives.CEO Mike Cannon-Brookes cited AI's impact on workforce needs as a reason for the layoffs.30% of the job cuts impact Atlassian employees based in Australia, reflecting global changes.Another tech company is making job cuts and attributing them to AI.Atlassian, an …

Inside ChatGPT’s slow-motion ad rollout

OpenAI CEO Sam AltmanShelby Tauber/ReutersA version of this post appears in the CMO Insider newsletter.You can sign up for Business Insider's weekly marketing newsletter here.OpenAI's introduction of advertising to ChatGPT was the most-anticipated industry launch since Netflix debuted its ads tier.How's it going? Slowly.The pilot began on February 9 and was initially set to finish …

Oracle tells investors not to worry about data center spending because its ‘very, very good’ at cost-cutting

Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday.Jonathan Raa/NurPhoto via Getty ImagesOracle reported its third-quarter earnings for fiscal 2026 on Tuesday.The cloud giant is forecasting $50 billion in capital expenditures for the year.To maximize profit, Oracle is focused on cutting costs and accelerating construction timelines.Oracle has two magic words for investors concerned with …

Meet Jay Graber, who is stepping down as Bluesky’s CEO to return to ‘building new things’ as chief innovation officer

Jay Graber is the CEO of Bluesky, a decentralized social media platform with over 40 million registered users.Samantha Burkardt/SXSW Conference & Festivals via Getty ImagesJay Graber is stepping down as the CEO of Bluesky to transition into a position made just for her.Bluesky's open protocol offers a decentralized alternative to X and Meta platforms.Here is …

Millions of student-loan borrowers are kicked off of Biden’s key affordable repayment plan in a surprise court reversal

Student-loan borrowers enrolled in the SAVE plan will get information on the next steps after a new 8th Circuit ruling.Win McNamee/Getty ImagesThe 8th Circuit ordered that Trump's proposed settlement to end the SAVE student-loan repayment plan be approved.It comes just days after a district court declined to approve the settlement.The Education Department said enrolled borrowers …

Management has been a casualty of AI. Now the tech is reviving it.

Developer using AI-powered code generation interface on virtual screen with programming scripts, data panels, and automation system.SmileStudioAP/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.AI's infusion in businesses means a reconsideration of the traditional org chart, writes BI's Lakshmi Varanasi.The "Great Flattening" is still …