Updates with comments from Citi and milestones

** WiseTech Global WTC.AX jumps as much as 10.7% to A$47.60, its highest since February 19, and on track for its strongest trading session in over a week

** Shares sit among the day’s top gainers on both the benchmark ASX 200 .AXJO and its tech subindex .AXIJ, which are up 1.1% and 6.1%, respectively

** Logistics software firm to cut ~2,000 jobs over the next two years as a result of integrating AI

** Citi says layoffs were significant but questions whether they signal a weaker revenue outlook, citing ongoing concerns about Danish rival DSV A/S DSV.CO may be shifting business away from WTC's key CargoWise platform

** Brokerage sees the cost cuts to support medium‑term consensus EBITDA upgrades, but says the key uncertainty is whether CargoWise’s medium‑term rev growth will need to be revised lower, particularly after the platform's softer HY performance

** Co reports first-half underlying net profit of $114.5 million, 6% above market consensus

** YTD, WTC has slid 30.5%, a steeper fall than AXIJ’s 21.5% decline, while trailing AXJO’s 4.7% advance

(Reporting by Shivangi Lahiri and Kumar Tanishk in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))