WiseTech Global to Cut 2,000 Jobs Amid AI Integration, Shares Surge

February 25, 2026
WiseTech Global to Cut 2,000 Jobs Amid AI Integration, Shares Surge
  • WiseTech Global plans to cut about 2,000 jobs over the next two years, representing roughly 29% of its global workforce of about 7,000 across 40 countries, as it embeds AI into its software and internal operations.

  • Job cuts will hit product development and customer service hardest, with some teams facing reductions of up to 50%, and will include the recently acquired US platform e2open.

  • The overhaul comes amid a broader wave of AI-enabled redundancies in tech, following large-scale layoffs such as Amazon’s recent 16,000 cuts.

  • WiseTech’s shares jumped on the news and stronger-than-expected results, rising as much as about 10.7% to the high $40s in Australian dollars before moderating.

  • In early trading, shares reached around A$46.01, with a notable intraday gain after the earnings update.

  • Analysts frame AI disruption as an ongoing trend affecting labor markets, corporate strategy, and the broader economy rather than a one-off event.

  • Management says the restructuring is part of a long-term shift toward higher-margin recurring revenue and a high-performance culture, using AI to boost output in both customer software and internal operations.

  • CEO Zubin Appoo positions AI as central to WiseTech’s response to the current business environment.

  • The article from The DCN, reported on February 25, 2026, by Caroline Tung, notes the paywall for some content.

  • WiseTech argues AI will not shrink demand for CargoWise, suggesting AI increases the value of trusted, regulated systems within workflows.

  • Despite the restructuring and AI focus, WiseTech reaffirmed its full-year outlook after reporting its first-half results.

  • There could be new AI-management and oversight roles later, with wage dynamics likely shifting toward higher demand for AI specialists.

Summary based on 16 sources


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Sources



WiseTech to cut 2000 jobs as part of AI ‘transformation’

The Sydney Morning Herald • Feb 24, 2026

WiseTech to cut 2000 jobs as part of AI ‘transformation’

WiseTech’s AI jobs sledgehammer - a sign of things to come?

The Sydney Morning Herald • Feb 25, 2026

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