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Atlassian Says It Had Right to Fire Engineer for Suggesting CEO Is ‘Rich Jerk’

TEAM
Technology & InnovationEmerging MarketsCompany FundamentalsCorporate Guidance & Outlook

Atlassian will hire more than 1,500 people in India by the end of fiscal 2024 and has unveiled a new R&D center in Bengaluru. The move signals increased investment in engineering capacity and expansion in an emerging-market tech hub; it is modestly positive for Atlassian's long-term product development but unlikely to materially move near-term revenue or margins.

Analysis

Atlassian will hire more than 1,500 people in India by the end of fiscal 2024 and has unveiled a new R&D center in Bengaluru. The move signals increased investment in engineering capacity and expansion in an emerging-market tech hub; it is modestly positive for Atlassian's long-term product development but unlikely to materially move near-term revenue or margins.

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