WiseTech Global Slashes 2,000 Jobs, Shifts to AI

Sydney – Australian logistics software company WiseTech Global announced on Wednesday that it will cut approximately 2,000 jobs globally as part of a transition towards artificial intelligence.

In a statement to the Australian Securities Exchange, WiseTech Global, based in Sydney, stated that redundancies over the next two years will impact nearly one-third of its 7,000 employees spread across 40 countries.

Chief Executive Zubin Appoo said that AI has driven the most significant shift in software development in recent decades.

“The era of manual code writing as the core activity of software engineering has ended,” he said.

“AI amplifies the productivity of our logistics and trade expertise, the rich datasets that WiseTech possesses, and the network advantage we have built over more than 30 years,” he said.

WiseTech Global reported a 36 per cent decline in statutory net profit after tax to US$68.1 million for the first half of financial year 2025-2026 due to integration costs related to its acquisition of cloud computing company E2open, as well as increased amortisation and interest expenses.