Why is WiseTech Global cutting 2,000 jobs?

WiseTech Global is cutting 2,000 jobs as part of a two-year restructuring plan to integrate artificial intelligence into its operations and customer software.

How many employees are affected by WiseTech's job cuts?

Approximately 2,000 jobs are affected, which represents about 29% of WiseTech Global's total workforce of around 7,000 people.

What is the union's stance on WiseTech's AI restructuring?

Professionals Australia, a trade union, is seeking an urgent meeting with WiseTech Global to consult on the major workplace changes, emphasizing the need for transparency on job impacts and alternatives to redundancies.

Home / Business and Economy / Union demands talks over WiseTech's 2,000 AI-linked layoffs

Union demands talks over WiseTech's 2,000 AI-linked layoffs

26 Feb

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Summary

WiseTech Global plans to cut approximately 2,000 jobs due to AI restructuring.
The job cuts will affect about 29% of the company's global workforce.
A trade union is seeking an urgent meeting regarding the significant layoffs.

Union demands talks over WiseTech's 2,000 AI-linked layoffs

WiseTech Global is set to implement a significant two-year restructuring initiative centered on artificial intelligence, which will result in approximately 2,000 job reductions. This move affects roughly 29% of the company's 7,000-person global workforce, distributed across 40 countries. The company plans to integrate AI into both its customer-facing software and internal operations.

In response, Professionals Australia, a union for tech and engineering workers, has called for an urgent meeting with WiseTech Global. The union emphasized that the company is obligated to consult with employees and the union before enacting major workplace changes. This consultation, according to the union, should include transparent details on the scope of AI deployment, its potential effects on employment, and measures to mitigate redundancies.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.