Australia's WiseTech to cut some jobs in AI-driven efficiency push
The Australian Financial Review reported earlier in the day that the Sydney-headquartered logistics software provider has told employees it is increasing the use of AI across the business as part of a broad restructure, citing an email from WiseTech's chief of staff, Zubin Appoo.
WiseTech, known for its flagship CargoWise platform, has a team of around 3,500 people across 38 countries, as of June 30, 2024, according to its 2024 annual report.
A spokesperson said the firm is "supporting all impacted team members through this transition, including access to professional outplacement services."
Wisetech's move mirrors broader industry trends, with technology companies worldwide reducing headcount to fund heavy investments in AI infrastructure.
Earlier this month, Microsoft announced plans to lay off nearly 4 per cent of its workforce, while big tech peers including Amazon, Facebook parent Meta and Alphabet's Google have all trimmed their labour forces in recent years.
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Is Asian talent still keen on the US as Trump tightens immigration rules?
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Then last month, it resumed processing new student visa applications after a month-long pause but now requires applicants to unlock their social media accounts for review. American immigration policies are reshaping the lives of foreign students and workers, both current and prospective — not least at a time when the new academic year is approaching. And in the wake of the crackdowns and shifting rules, the question is, will Asian talent still be drawn to the US? WORK AND FAMILY UNCERTAINTIES For Indian national Neeraja Kulkarni, the US was more than a place of study. It was a launch pad for doing meaningful work in clean energy. 'I came to the US to get an education and exposure. Because at that point, I thought the US had the most influential effect in global politics,' said Kulkarni, who came to America in 2022 to pursue a master's degree. 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