WiseTech Global
ASX:WTCGlobal logistics software platform. Freight and customs management.
Reported Offshore Headcount
428+
reported 1 Jan 2025, WiseTech Global India - 428 employees in Bangalore
Estimated % of Workforce
~6.4%
illustrative, not directly reported by the company
Destination Countries
Financial Context
Market Cap
$20.0B
Revenue
$950M
Net Profit
$250M
Estimated Wage Differential
~$36M/yr
CEO: Zubin Appoo
$1,300,000
17x avg Australian worker
Illustrative wage differential: if the 428+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$36M/yr (~14.4% of reported net profit). This is an estimate based on industry averages, not company-specific data.
Would this company be profitable without offshoring?
Every dollar paid offshore leaves the Australian economy, reducing local wages, tax receipts, and economic circulation. Why it matters
Financial data: FY2024. Estimate uses avg AU employment cost of $110,000+/yr (incl. super and on-costs) vs offshore $25,000/yr (salary + on-costs). Actual figures vary by role, seniority, and location.
In Plain English
- In 2025, WiseTech Global was reported to have 428+ offshore contractors and staff.
- This represents ~6.4% when compared to its current workforce of 6,700 (illustrative comparison only, not directly reported by the company).
- 🇮🇳 428+ staff reported in India in Engineering.
- 2,000 Australian jobs have been cut.
Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.
The Story
- August 2026Reporting its FY2026 result, WiseTech defended the cuts as revenue soared. Total income rose 79% to US$1.4 billion in the year to 30 June 2026, and the company said its AI transformation had taken $34 million out of the cost base. About 1,700 jobs had gone by this point (roughly 500 earlier in the year and about 1,200 since) against the 2,000 flagged in February. CEO Zubin Appoo: "AI has fundamentally changed how we build products, support customers, and work across WiseTech." He added: "We did not make these decisions lightly. These changes were needed to build the company we will become." This is execution of the February 2026 announcement, not an additional round. [Michael West Media]
- March 2026Sydney became the third-highest city globally for tech layoffs, behind Seattle and San Francisco, driven partly by WiseTech, Atlassian, and Block cuts. [Dynamic Business]
- February 2026WiseTech Global announced it would reduce its workforce by approximately 30%, affecting around 2,000 employees, as part of a push toward AI and automation. [Yahoo Finance]
All facts sourced from public reporting. No editorial commentary. Click source links to verify.
Department Breakdown
| Department | Country | Headcount | Confidence |
|---|---|---|---|
| Engineering | 🇮🇳 India | 428 | Estimated |
Layoff Events
| Date | Headcount | Location | Department | Notes |
|---|---|---|---|---|
| 20 Feb 2026 | 2,000 | Australia | technology | WiseTech Global announced it would reduce its workforce by 30%, affecting approximately 2,000 employees, as part of a push toward AI and automation. |
Other Technology Companies That Offshore
Other companies in technology with reported offshore operations.
| Company | ASX | Reported Offshore | Offshore Destinations |
|---|---|---|---|
| Atlassian | 1,700+ | 🇮🇳 India | |
| REA Group | REA | 1,187+ | 🇨🇳 China🇵🇭 Philippines🇮🇳 India |
| Canva | 1,000+ | 🇵🇭 Philippines | |
| Computershare | CPU | 350+ | 🇵🇭 Philippines🇮🇳 India |
| Employment Hero | 220+ | 🇵🇭 Philippines |
Featured In
What Public Sources Say
All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.
“WiseTech Global announced it would reduce its workforce by 30%, affecting approximately 2,000 employees, as part of a push toward AI and automation.”
Additional Sources
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This list is not complete, and never will be
If a company isn't listed here, that doesn't mean it doesn't offshore. And every number is the lowest we can prove, so the real figures can often be higher.
Read whyShow less
This list is not complete, and never will be
If a company isn't listed here, that doesn't mean it doesn't offshore. And every number is the lowest we can prove, so the real figures can often be higher.
This started as an ASX 200 project and mostly still is. It has widened as stories landed from outside that list, so it now also covers employers that aren't ASX-listed, like Canva, Allianz Australia, SS&C and Crown Resorts, along with government departments and agencies. Companies get added when something surfaces about them, not by working through a list in order.
Australian companies are under no obligation to disclose where their work is done, and there is no register of offshored jobs. Everything here comes from something that surfaced publicly: an annual report, a modern slavery statement, a news article, a union statement, a government contract, or a tip from someone who was there.
So an absence usually means nobody has reported on that company and we haven't got to it yet, not that it keeps its work onshore. Some of the biggest offshorers say nothing at all. And because each figure counts only what a source actually stated, the real numbers can often run higher, sometimes much higher.
Every figure links to the source it came from, so you can judge it yourself rather than take our word for it. If you know something that is missing or wrong, tell us. Corrections are published, not quietly buried.
This profile reflects public information at the time of publication and may not match current operations. Is something wrong or missing about WiseTech Global? Submit a correction. We welcome input from companies, employees, and researchers.