{"schema_version":"secwatch.filing_event.v1","accession":"0001650372-23-000016","form_type":"8-K","ticker":"TEAM","cik":"0001650372","company_name":"Atlassian Corp","filed_at":"2023-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.003945+00:00","generated_at":"2026-06-18T11:44:34.447427+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Atlassian to cut 500 jobs (~5% workforce) in resource rebalancing; expects $70-75M in charges","bullets":["Approximately 500 full-time employees (5% of workforce) eliminated as part of resource rebalancing.","Estimated charges of $70-75M: $27-29M cash for severance/benefits, $43-46M non-cash for accelerated vesting and office space reductions.","Majority of charges expected in Q3 FY2023; execution substantially complete by end of Q4 FY2023.","Company says decision not financially driven; will reinvest in strategic areas like cloud migrations, ITSM, enterprise customers.","Most impacted teams include Talent Acquisition, Program Management, and Research & Insights."],"urls":{"canonical":"https://secwatch.observer/filing/0001650372-23-000016","json":"https://secwatch.observer/filing/0001650372-23-000016.json","markdown":"https://secwatch.observer/filing/0001650372-23-000016.md","text":"https://secwatch.observer/filing/0001650372-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650372/000165037223000016/0001650372-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650372/000165037223000016/team-20230306.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T11:44:34.447427+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}