WiseTech CEO Sees Even More AI Savings After Axing 30% of Staff

WiseTech Global Ltd. Chief Executive Officer Zubin Appoo said artificial intelligence-fueled savings will ultimately cut through the entire company, hours after the freight-software provider announced plans to ax almost 30% of staff within two years.

“We will look at all functions of the business,” Appoo said in an interview Wednesday. “I have a strong view that AI and large language models will drive productivity across all of those functions. I can’t tell you whether that’s 50% or 70% or 30%.”