Atlassian skyscraper in Sydney CBD defended by Mike Cannon-Brookes amid job cuts
Atlassian CEO Mike Cannon-Brookes has defended the company's investment in a new Sydney skyscraper despite recent job cuts and a shift toward remote work. The project, a joint venture with Dexus, remains a significant commitment for the software firm as it navigates a changing economic landscape.
Why it matters
It highlights the tension between long-term commercial real estate commitments and the modern trend of remote work and workforce downsizing in the tech sector.
Zoe Samios Business reporter Jul 22, 2026 – 5.00am Atlassian chief executive Mike Cannon-Brookes says the software firm’s Sydney skyscraper continues to make economic sense even with its increasingly remote workforce-friendly policies, and redundancies caused by the rise of artificial intelligence earlier this year.
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