WiseTech cuts 2000 jobs
WiseTech Global will lay off around 2,000 staff – almost a third of its 7,000-strong workforce – over the next two years, with CEO Zubin Appoo betting the logistics software giant’s future on artificial intelligence.
Some teams are facing headcount reductions of up to 50 percent, starting with product development and customer service, including the recently acquired US platform e2open.
“The era of manually writing code as the primary act of engineering is over,” Appoo said in a statement Wednesday, calling artificial intelligence “the most significant shift in software development in decades.”
The cuts follow a tumultuous period for the company, which has faced governance scrutiny and leadership upheaval, including the departure of former CEO Richard White. Appoo framed the job losses as an “AI transformation program” that would enable WiseTech to “get from ideas to real customer value faster.”
David Swan is the technology editor of The Age and The Sydney Morning Herald. He was previously technology editor of The Australian newspaper.Connect with: X or email.
