WiseTech Global cutting 30% of workforce in AI restructure
· Source: freightwaves.com
In short
WiseTech Global, a supply chain management software company, plans to eliminate 2,000 jobs (approximately 29% of its global workforce) in a two-year restructuring centered on artificial intelligence integration. The Australian company's CargoWise software platforms reportedly handle as much as 75% of global customs transaction data. The restructuring will affect operations across 40 countries and could result in job cuts of up to 50% at its U.S. cloud computing division, E2open.
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Tags: restructuring, workforce, automation, logistics, software, layoffs