Technology

⚡Layoffs: WiseTech Global Laying Off 2,000 People

By Team Latestly

WiseTech Global has announced 2,000 job cuts, affecting 30 per cent of its workforce, as part of an AI-led restructuring. Chief Executive Zubin Appoo stated that AI is ending the era of manual coding. Despite a 37 per cent stock decline earlier this year, shares rose 11 per cent following the news.

Read Full Story
Read All QuickLY