BRIEF-WiseTech Global Says AI Program Likely To Result In Reduction Of 2,000 Roles In FY26-27
Reuters
Yesterday
BRIEF-WiseTech Global Says AI Program Likely To Result In Reduction Of 2,000 Roles In FY26-27
Feb 25 (Reuters) - WiseTech Global Ltd WTC.AX:
PHASED HEADCOUNT REDUCTION, INITIALLY IN PRODUCT & DEVELOPMENT AND CUSTOMER SERVICE, BY UP TO 50%
H1 REVENUE USD 672 MILLION
H1 NET INCOME USD 68.1 MILLION
H1 ADJUSTED NET INCOME USD 114.5 MILLION
REAFFIRM FY26 GUIDANCE RANGE FOR REVENUE OF $1.39B-$1.44B
INTERIM DIVIDEND OF 6.8 CENTS PER SHARE
FY26 GUIDANCE RANGE EBITDA OF $550M-$585M
AI PROGRAM WILL LIKELY RESULT IN A REDUCTION OF APPROXIMATELY 2,000 ROLES IN FY26 AND INTO FY27
Further company coverage: WTC.AX
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