All articles tagged with #cto
Srinivas Narayanan, OpenAI’s CTO of B2B Applications, will leave the company after three years to return to India and spend time with his ageing parents before deciding his next move; he joined OpenAI as VP of Engineering and led teams behind ChatGPT and OpenAI’s enterprise tools, and he thanked CEO Sam Altman and Greg Brockman.
Atlassian will lay off about 1,600 employees (roughly 10% of its workforce) and replace its chief technology officer as part of a restructuring to invest more in artificial intelligence. Severance and related costs could total up to $174 million, plus at least $62 million in exit charges. Reductions hit mainly software R&D and engineering across North America, Australia and India, with the company noting the layoffs are aimed at strengthening its financial position to self-fund AI and enterprise sales. CTO Rajeev Rajan will be replaced by Taroon Mandhana and Vikram Rao; founders say AI-driven changes justify the move, even as it weighs on staff. Shares rose about 4% in after-hours trading.
Jack Dorsey, founder of Block, has announced that the company will be ending performance reviews and performance improvement plans (PIPs) in favor of constantly evaluating employees and parting ways immediately if necessary. Dorsey also named Dhanji Prasanna as the new CTO. These changes come as part of Dorsey's efforts to build a culture of excellence at Block.