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WiseTech lays off 2,000 employees citing AI advancements and automation

WiseTech, a logistics software company, is laying off approximately 2,000 employees, which is nearly 30% of its workforce, over the next 18 months. This significant reduction is attributed to advancements in AI, with CEO Zubin Appoo stating that AI agents can learn human jobs in as little as 15 minutes. The company's founder also indicated that the era of manually writing code as the core of engineering is over, suggesting a shift towards AI-driven development. AI

Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →

IMPACT This event signals a trend of AI-driven workforce reductions in established industries, potentially impacting job markets and the nature of software engineering.

RANK_REASON The article discusses a company implementing layoffs due to AI advancements and a CEO's statements about AI capabilities, which falls under AI-adjacent product/tooling impact rather than a core AI release or research.

Read on Mastodon — fosstodon.org →

COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 · [email protected] ·

    “Staff at # WiseTech have been waiting almost three months to be told if they are among the 2,000 people the logistics software company is to cut due to advance

    “Staff at # WiseTech have been waiting almost three months to be told if they are among the 2,000 people the logistics software company is to cut due to advances in # AI , with # workers criticising the wait as stressful and “ridiculous”. The comments come as its founder on Tuesd…