Xero axes up to 800 jobs as tech downturn deepens

Xero axes up to 800 jobs as tech downturn deepens

The accounting software maker is the latest big technology firm to slash positions,following Atlassian this week.

  • byNick Bonyhady andMillie Muroi

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Bachelor avoids tech wreck with timely Atlassian exit

Bachelor avoids tech wreck with timely Atlassian exit

Astrophysicist and former Bachelor Matt Agnew left Atlassian just in time to avoid more tech sector pain.

  • byKishor Napier-Raman andNoel Towell
The 15 minutes that had Atlassian workers sweating on their future
Opinion
Jobs

The 15 minutes that had Atlassian workers sweating on their future

Less than six months ago,Atlassian was in a recruiting drive that included a promotional camper van. Now it has joined the conga line of tech firms cutting staff.

  • byElizabeth Knight
Atlassian cuts 500 jobs as tech sector pain intensifies
Updated
Jobs

Atlassian cuts 500 jobs as tech sector pain intensifies

The Australian technology company is billing the move as a “rebalancing” but the redundancies are a sharp change from its emphasis on rapid hiring.

  • byNick Bonyhady
Dexus looks to funds growth and busy offices to propel earnings

Dexus looks to funds growth and busy offices to propel earnings

The diversified property group has earmarked three major factors in stabilising rents as primary engines of growth amid ongoing economic volatility.

  • byCarolyn Cummins
Mr Upside:The Killers headline Scott Farquhar’s secret Christmas bash
CBD
CBD

Mr Upside:The Killers headline Scott Farquhar’s secret Christmas bash

Atlassian billionaire shrugs off tech sector woes to party with a select group of friends and one of the biggest acts on the planet.

  • byNoel Towell andKishor Napier-Raman
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Fortunes of Atlassian founders take a hit on share dive

Fortunes of Atlassian founders take a hit on share dive

The company’s earnings disappointed Wall Street,pushing its stock down 13 per cent in after-hours trade and hitting the wealth of its billionaire founders Mike Cannon-Brookes and Scott Farquhar.

  • byNick Bonyhady
Mansion moguls:The $523m property portfolio of Sydney’s Atlassian founders

Mansion moguls:The $523m property portfolio of Sydney’s Atlassian founders

From eastern suburbs mansions to a private island on the Great Barrier Reef,it’s hard to keep track of the real estate being bought by Scott Farquhar and Mike Cannon-Brookes.

  • byKishor Napier-Raman
Art in the workplace isn’t just for decoration

Art in the workplace isn’t just for decoration

Through a new program that brings both art and artists into the workspace,one company hopes to spark conversations and change how we see the world.

  • byElizabeth Flux
Wipeout:Atlassian shares plummet on earnings miss
Updated
Investing

Wipeout:Atlassian shares plummet on earnings miss

Atlassian shares have plunged more than 22 per cent in after-hours Wall Street trade,wiping billions from the wealth of its founding duo,Mike Cannon-Brookes and Scott Farquhar.

  • byNick Bonyhady
Sydney’s $3b Silicon Valley tech hub gets the green light

Sydney’s $3b Silicon Valley tech hub gets the green light

The NSW government’s ambitious plans will transform the unloved Central Station precinct turned into large-scale office towers and expansive public spaces.

  • byCarolyn Cummins