If this isn't just playing "follow the leader" behind companies like Meta and Amazon, I wonder if it's related to loss of revenue from customers balking at the exorbitant rates for Jira and Confluence. I understand there's a balance between selling as wide as possible and then having to support that wider dispersal (to eventually diminishing returns) but from the outside the numbers seem rather unreasonable. I know at least two large companies who are actively looking for a replacement because of that (even with the understood compromise in features this might entail).
Huge respect for Scott and Mike allowing those laid off to say bye to people on Slack til end of week. They really are stewards of the amazing culture they've helped create there.