Re:Atlassian to shed 5 per cent of workers
by notimetorelax on Tuesday March 07, 2023 @12:47AM
(#35052027)
Margins are still very high for a tech company, so the business can be sustainable even with high R&D costs. What’s happening is the end of a cycle where everyone pulled back on their spending and companies try to keep the same margins by managing their expenses as they cannot attract more revenue.
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