Australian logistics software firm WiseTech Global will lay off about 2,000 employees over the next two years as it adopts artificial intelligence across its products and operations, CEO Zubin Appoo said. The cuts — roughly 29% of staff across 40 countries, affecting product, development and customer-service teams and potentially reducing E2open headcount by up to 50% — coincide with a 2% rise in first-half underlying profit and a 10.7% share jump to $47.60.
Key Points
- 1Plans to cut about 2,000 employees over two years, around 29% of workforce.
- 2CEO cites AI-driven shift in software development; first-half underlying profit up 2%.
- 3Practitioners should expect reduced engineering and customer-service roles and accelerated automation adoption.
Scoring Rationale
Company-confirmed large AI-driven layoffs and financial context, but effects are company-specific rather than industry-transforming.
Sources
Public references used for this report.
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