{"schema_version":"secwatch.filing_event.v1","accession":"0001650372-26-000021","form_type":"8-K","ticker":"TEAM","cik":"0001650372","company_name":"Atlassian Corp","filed_at":"2026-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.763023+00:00","generated_at":"2026-05-15T14:50:31.657567+00:00","sec_items":["2.05","7.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Atlassian to cut ~10% workforce (~1,600 roles); CTO Rajeev Rajan departing","bullets":["Reduction of ~1,600 employees (~10% of workforce) announced March 11, 2026.","Estimated total charges of $225M–$236M, with $169M–$174M cash severance and $56M–$62M office exit costs.","Charges primarily in Q3 FY2026; execution substantially complete by Q4 FY2026.","CTO Rajeev Rajan steps down effective March 31, 2026; Taroon Mandhana and Vikram Rao promoted to CTO roles.","Reaffirms Q3 FY2026 and FY2026 financial guidance from Feb 5, 2026 earnings release."],"urls":{"canonical":"https://secwatch.observer/filing/0001650372-26-000021","json":"https://secwatch.observer/filing/0001650372-26-000021.json","markdown":"https://secwatch.observer/filing/0001650372-26-000021.md","text":"https://secwatch.observer/filing/0001650372-26-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/0001650372-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/team-20260311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T14:50:31.657567+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":[{"claim_id":"f04f559134f12ffd7d8a50949093d677d79bec37","claim":"Atlassian Corp announced a restructuring with charges of approximately $225 million to $236 million affecting the Company's workforce (approximately 10% of the Company's workforce).","evidence_excerpt":"efficiency and sustainability. Position eliminations in each country are subject to local law and consultation requirements. The Company estimates it will incur approximately $225 million to $236 million in charges in connection with these actions, of which approximately $169 million to $174 million is expected to result in future cash outlays related to","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/0001650372-26-000021-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $225 million to $236 million"},{"label":"Affected area","value":"the Company's workforce"},{"label":"Headcount","value":"approximately 10% of the Company's workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}