AI Disruption Triggers SaaS Layoffs and a Rethink of Stock-Based Pay

1 min read
Source: Business Insider
AI Disruption Triggers SaaS Layoffs and a Rethink of Stock-Based Pay
Photo: Business Insider
TL;DR

Generative AI is making software cheaper and more abundant, pressuring SaaS firms to tighten finances through layoffs and reduced stock-based compensation; Atlassian cut 10% of its workforce and Block cut 40%, signaling a broader push for financial discipline even as engineers remain in demand.

Share this article

Want the full story? Read the original reporting

Read on Business Insider