WiseTech to Axe 2,000 Jobs as CEO Goes All-In on AI
Australian freight software giant WiseTech plans to slash roughly 30% of its workforce over two fiscal years in an AI-driven overhaul.
WiseTech Global is swinging the axe hard. The Australian freight software company plans to eliminate approximately 2,000 positions — around 30% of its entire workforce — spread across this fiscal year and the next.
The driving force? CEO Zubin Appoo's aggressive push into artificial intelligence. Appoo says AI-fueled efficiencies will deliver significant savings, effectively replacing a massive chunk of the company's human labor with automated systems.
It's one of the larger AI-driven workforce reductions we've seen in the logistics software space. WiseTech builds tools that help freight and logistics companies manage complex global supply chains — exactly the kind of operationally heavy work where AI automation can hit hardest.
The cuts signal that AI isn't just reshaping consumer tech. Enterprise software companies serving old-school industries are now making billion-dollar bets that machines can do the work faster and cheaper.