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WISETECH JOB CUTS
Meta shares jump after report on plans for layoffs of 20% or moreMeta Platforms shares rose nearly 3% on Monday after a Reuters report that the social media giant plans to lay off 20% or more of its workf...- Atlassian layoffs affected employees severance package, changes in top management and total job cuts expenses: Which regions will be hit and when will restructuring end? Here's how company will intimate laid off staffAtlassian layoffs affected employees severance package, changes in top management and total job cuts expenses explain why the software comp...
- Jack Dorsey's blunt AI warning sharpens debate over jobs and profitsBlock shares rose sharply on Friday, underscoring how markets are increasingly rewarding companies that present AI not as an experiment b...
- Threat to large IT firms 'overblown', Cognizant's AI chief says amid Anthropic-driven disruptionCognizant, which generates about 30% of its code through AI and aims to reach 50%, is not worried about automation eliminating entry-level...
- Australia union seeks urgent talks with WiseTech over AI‑driven job cutsAn Australian trade union has sought an urgent meeting with WiseTech Global after the software firm announced it would cut about 2,000 jobs...
- Australia's WiseTech Global plans 2,000 job cuts amid AI overhaulAustralian software logistics firm WiseTech Global on Wednesday said it would lay off about 2,000 people over the next two years, as it...
- WiseTech Global to cut 2,000 jobs in sweeping AI-driven restructuring, marking one of Australia’s largest automation-led workforce reductionsWiseTech Global is set to reduce its workforce by up to 2,000 employees. This significant job cut, nearly a third of its global staff, is p...
- Global Markets | Australian shares hit record high as investors focus on strong earnings, shrug off hot CPIAustralian shares reached a record high, driven by strong blue-chip earnings from companies like Woolworths and WiseTech. Despite a hotter-...
- Australia's WiseTech to cut some jobs in AI-driven efficiency pushWiseTech, known for its flagship CargoWise platform, has a team of around 3,500 people across 38 countries, as of June 30, 2024, according ...
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