A Sydney-based company has made the 'difficult decision' to cut five per cent of its workforce, leaving around 500 employees without a job.
Atlassian, which builds products for software developers and project managers, has rapidly grown to become a global company that is listed on Wall Street.
Sydney-based software company Atlassian has cut five percent of its workforce in a bid to rebalance the business. Picture: Jakub Porzycki/NurPhoto via Getty Images The tech giant said the decision was not based of Atlassian's financial performance, although the move will help put"more wood behind these arrows". Atlassian's co-founders Mike Cannon-Brookes and Scott Farquhar announced the company will sack around 500 workers. Picture: Kelly Sullivan/Getty Images for Fortune
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