"The era of manually writing code as the core act of engineering is over, Appoo said. WiseTech was one of a number of companies that earlier this year announced job cuts due to AI advancements. Unlike companies such as Block and Atlassian, which told affected staff at the time of announcement, WiseTech staff are still unsure about their future."
"Because this is real organisational transformation, and not a cost-cutting exercise, it takes time to work through the process: redesigning our portfolios, designing the appropriate team structures, consulting with relevant stakeholders and then selecting the potentially impacted roles across our workforce, the spokesperson said."
"The Australian Stock Exchange-listed company announced in late February that it would lay off almost 30% of its workforce across 40 countries, with 2,000 of the 7,000 jobs set to go over the next 18 months. Some areas would be hit harder than others, with product and development and customer service teams expected to be reduced by up to 50%."
WiseTech announced in late February plans to cut 2,000 jobs—nearly 30% of its 7,000-person workforce—across 40 countries over 18 months due to AI advancements. Product development and customer service teams face reductions up to 50%. The founder stated AI agents can learn human jobs in 15 minutes and that manual code-writing is obsolete. Unlike competitors Block and Atlassian, WiseTech has not informed affected staff of their status. The company claims the extended timeline reflects structured organizational redesign rather than cost-cutting, involving portfolio redesign, team restructuring, and stakeholder consultation. No final individual role decisions have been made.
#ai-driven-layoffs #workforce-reduction #organizational-restructuring #employee-uncertainty #technology-sector-job-cuts
Read at www.theguardian.com
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