Cargowise

Product

Last mentioned: 3h ago

Timeline

  1. Layoff Announcement

    CEO Zubin Appoo announces 2,000 job cuts, declaring the era of manual coding is over during an earnings briefing.

  2. H1 Fiscal Period Ends

    WiseTech concludes its first half with 76% revenue growth but lower net profit due to M&A activity.

  3. AI Agent Integration

    WiseTech begins embedding AI agents into its flagship Cargowise platform to automate logistics tasks.

Stories mentioning Cargowise 1

Markets Bearish

WiseTech Global Slashes 2,000 Jobs as AI Disrupts Software Engineering

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.

2 sources