WiseTech Global shares jump nearly 10% after AI job-cut plan, upbeat half-year
WiseTech Global shares rose 9.7% after announcing about 2,000 job cuts tied to an AI overhaul and reporting a 76% jump in half-year revenue to $672 million. The company reaffirmed its FY26 outlook, with the AI program set to begin in the second half of FY26 and affect product, development, and customer service roles.