Welcome to the TechBrew Ride Home for Thursday, March 12, 26. I'm Brian McCullough today. More

AI-inspired job cuts. I got to say, adding AI to Google Maps makes it sound like it might work

much, much better. A new entrant into the AI health space in Iran-war-related hacking takes

down a company, and Mark

German tells us what to expect from a phoneable iPhone. Here's what you miss today in the world

of tech.

Still on this beat, as these stories continue to come in. Atlassian is cutting 10% of its workforce

are around 1,600 jobs to fund investments in AI and enterprise sales. Quoting CNBC,

Sydney-based Atlassian has lost more than half of its value this year alongside a broader

sell-off in software stocks brought on by concerns about the competitive threat of generative AI tools such as Anthropics Claude Co-work. The stock is down 84% from its peak in

2021. It had been a big winner during the COVID era as cloud-based collaboration tools

surged in popularity with office workers stuck at home. Shares of Atlasse and gained 1%

in extended training after the

announcement. The cuts will result in $225 million to $236 million in charges and should be

mostly done by the end of June, the company said in a filing. The maker of Jira project tracking software

has been trying to expand demand of its rovo AI features, and in February,

the company touted 5 million monthly users. Atlassian offers rovo credits in its subscriptions,

and the company's year-over-year revenue growth has accelerated for the past three quarters.

CEO Mike Cannon Brooks said on Wednesday that for Atlassian, AI is not replacing employees,

but it would be disingenuous to pretend AI doesn't change the mix of skills we need or the number of

roles required in certain areas. It does, he wrote. This is primarily about adaptation. We are

reshaping our skill mix and changing how we work to build for the future.

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