WiseTech Global to slash a third of its global workforce as AI disruption hits software industry

WiseTech will cut 2,000 jobs as AI automates coding and admin tasks. Shares rose on Wednesday after the firm reported profits that beat market expectations.

Insights:
WiseTech Global announced on Wednesday, February 25, 2026, plans to cut approximately 2,000 jobs, representing about 29 percent of its global workforce of roughly 7,000 people. This company-led reduction is part of a two-year restructuring program aimed at integrating artificial intelligence into the firm's customer software and internal operations. The move by the Australia AUAU based company marks a significant shift in the shipping and logistics management software sector.
The restructuring is expected to materially change staffing across product, development, and customer service functions as the company automates various processes. A significant portion of these cuts is anticipated at E2open, WiseTech’s cloud computing arm in the United States USUS, where up to 50 percent of the staff could be affected. This strategic pivot follows a broader trend of AI-linked redundancies currently observed across the technology sector, a trend that has also involved major companies such as Amazon.com, Inc. .
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