WiseTech Global will cut around 2,000 roles — about 29% of its around 7,000 staff — over FY26 and FY27, as the Australian logistics software company accelerates an AI transformation programme focused on product development, customer support, and internal operations.
The Sydney-headquartered group, best known for its CargoWise platform used by freight forwarders and logistics operators, said the reductions will be phased across the next two financial years and will initially target product and development and customer service teams. WiseTech said some teams could be reduced by up to 50% in headcount, and that the programme will also apply to e2open, the U.S.-based cloud business it acquired in August 2025 for $2.1bn. The company said the plan will affect staff across 40 countries.
WiseTech disclosed the restructuring alongside its half-year results for the six months to 31 December 2025, in an ASX announcement. All figures are in U.S. dollars, unless stated. The company said total revenue rose 76% to $672.0m, including a five-month contribution from e2open, while CargoWise revenue increased 12% to $372.4m. Underlying net profit after tax was $114.5m, up 2%, and the board declared an interim dividend of 6.8 cents per share.
In the same release, WiseTech said AI is being embedded across customer software and internal operations to “accelerate productivity, automation and decision-making” across “complex, regulated workflows”. Chief executive Zubin Appoo said: “The era of manually writing code as the core act of engineering is over.”
WiseTech reaffirmed FY26 guidance, excluding the impacts of the announced headcount reductions, maintaining a revenue range of $1.39bn to $1.44bn, EBITDA of $550m to $585m, and an EBITDA margin of 40% to 41%, on the basis that market conditions do not materially change.
The announcement was welcomed by the market on the day. Reuters reported WiseTech shares closed 11.1% higher at A$47.74 on Wednesday, while the benchmark S&P/ASX 200 rose 1.2%. Even after the jump, the stock remains 68% below its November 2024 peak, after investor concerns around governance and leadership disruption weighed on sentiment. Marc Jocum, a senior product and investment strategist at Global X ETFs, said the “underlying trajectory remains sustainable despite near-term disruption”.
Beyond staffing, the company is also adjusting how it charges customers in an AI-driven environment. WiseTech said around 95% of CargoWise customers are now live on its new commercial model, transitioning away from seat-based fees to transaction monetisation. It also said it achieved its e2open FY27 cost synergy target of $50m in annualised run-rate savings in January 2026, “nearly a year and a half earlier than planned”.
WiseTech said the efficiency programme will start in the second half of FY26 and continue into FY27, and that execution costs are likely to offset savings in FY26, with the financial effects reflecting a mix of cost savings, restructuring costs, and capitalised development. The company did not disclose how the 2,000 roles will be distributed by geography or function beyond the initial focus areas and e2open, but said other functions will come into scope from FY27.
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