# Cargowise

Type: Product

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/cargowise
Canonical HTML page: https://getfinancebrief.com/entity/cargowise

## Timeline

- **2026-02-25**: Layoff Announcement — CEO Zubin Appoo announces 2,000 job cuts, declaring the era of manual coding is over during an earnings briefing.
- **2025-12-31**: H1 Fiscal Period Ends — WiseTech concludes its first half with 76% revenue growth but lower net profit due to M&A activity.
- **2025-01-01**: AI Agent Integration — WiseTech begins embedding AI agents into its flagship Cargowise platform to automate logistics tasks.

## Recent coverage (1 stories)

### WiseTech Global Slashes 2,000 Jobs as AI Disrupts Software Engineering
2026-02-25 02:43:05 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

WiseTech Global is cutting over a quarter of its workforce, specifically targeting 2,000 engineering roles, as it pivots toward AI-driven development. Despite a 76% surge in half-year revenue, the move signals a paradigm shift where manual coding is no longer the core of software engineering.
Full story: https://getfinancebrief.com/story/wisetech-global-layoffs-ai-disruption

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