WiseTech Global Limited·Technology

WiseTech Global Limited (WIGBY) Q2 2026 Earnings Call Transcript

An Australian trade union has sought an urgent meeting with WiseTech Global after the software firm announced it would cut about 2,000 jobs as part of a two‑year artificial intelligence-linked restructuring.

Australian software logistics firm WiseTech Global on Wednesday said it would lay off about 2,000 people over the next two years, as it adopts artificial intelligence across its software and internal operations.
WiseTech Global Limited provides software solutions to the logistics execution industry worldwide. The company offers CargoWise, a software platform for logistics service providers that enables execution of complex logistics transactions and manage operations. It provides customs declaration management and related international trade, customs compliance and warehouse, customs management, freight forwarding, warehousing, transport, customs clearance, tracking, shipping and port logistics software solutions, cloud-enabled customs compliance, freight forwarding software, trade compliance, container optimization, and parcel, less than truckload and logistics transportation management, as well as freight rate management, ocean freight rate management, container yard/terminal management, and messaging integration software solutions. The company was incorporated in 1994 and is headquartered in Alexandria, Australia.
Technology
Software - Application
3,500
2019-03-22
1.10