Atlassian June 19th Layoffs - What's the Real Story?

Just saw the news about Atlassian cutting around 1600 folks. The official line seems to be a pivot towards AI, which feels like a familiar tune these days. It's always something, isn't it? Last year it was 'economic headwinds,' now it's 'the future of AI.' I'm not saying AI isn't changing things, but it feels like a convenient scapegoat sometimes. I was let go in this round and honestly, my team wasn't even working on AI initiatives directly. We were on core product features. So, for those of us who were impacted, does this 'AI pivot' narrative ring true for you at all? Or does it feel like a broader restructuring, cost-cutting measure, or something else entirely? Curious to hear from others who were affected and what explanations (if any) you received.