Local tech company defends AI job cuts as revenue soars
The Canberra Times
Logistics software provider WiseTech Global reported record annual revenue despite cutting 1700 jobs and seeing an 11 percent drop in net profit. The company defends the workforce reductions as a necessary strategic shift to integrate artificial intelligence, which has already delivered significant operating profit savings and product improvements.
All articles from 26 August 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.