Wisetech Global
- Investigation
- Investigation
The phone call, the $5m cash offer – and insider trading allegations
A recording of billionaire Richard White apparently trying to settle with an employee who complained about his conduct has been sent to the corporate regulator.
- Kate McClymont and Max Mason
Latest
- Opinion
- AI
Are bots coming for tech jobs, or is it ‘AI-washing’?
Some of Australia’s biggest tech success stories including Atlassian, Afterpay’s owner, and WiseTech have given their employees a bitter taste of AI reality.
- Colin Kruger
- Opinion
- AI
This time is different. Why we must conquer AI before it conquers us
The new tech is both boom and doom. The sudden purge of jobs by Australia’s tech giants is scary, yes, but that’s precisely why we have to master it.
- Toby Walsh
- Editorial
- AI
We need to make AI work for us, not the other way around
Tech companies started shedding staff as AI affects bottom lines
- The Herald's View
- Opinion
- AI
What are the kids going to do? This week’s job losses are the ripple before the tsunami
Think you can offer career advice to your children? Even the world’s leading thinkers on AI are struggling.
- Malcolm Knox
The week AI came for Australian jobs
There’s no doubt the new tech will reshape workforces, the question is how the transition will be managed and who bears the cost.
- David Swan
- Updated
- World markets
ASX rallies to record as Woolies, WiseTech surge, BHP hits all-time high
Australia’s sharemarket gained more than $30 billion in value, tracking gains on Wall Street and buoyed by a flurry of corporate news that excited investors.
- Staff reporters
- Updated
- AI
AI job losses hit Australia hard as software giant WiseTech axes 2000 jobs
The country’s largest locally listed technology firm is cutting about one-third of its workforce amid fears in the financial markets that AI will eat well-paid white-collar jobs.
- David Swan
- Opinion
- AI
WiseTech’s AI jobs sledgehammer – a sign of things to come?
If WiseTech’s strategy was to use 2000 staff cuts as a circuit breaker, it worked. By lunchtime on Wednesday, its shares were trading 10 per cent higher.
- Elizabeth Knight
AI is eating software, and it’s cost Atlassian duo $34.6 billion
Investors have finally woken up to the risk that artificial intelligence won’t just kill white-collar jobs, it also threatens tech success stories.
- Colin Kruger