WiseTech Global
ASX:WTCUnverifiedReported 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
Richard White
CEO Total Pay
$1,300,000
CEO earns
12x the average Australian worker
avg Australian salary $110K+/yr
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?
Financial data: FY2024. Estimate uses avg AU cost of $110,000+/yr (salary only, excluding super, office, recruitment) 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
- 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]
- 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]
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. |
Technology Peers
How WiseTech Global's known offshore percentage (6.4%+) compares to reviewed technology peers.
| Company | ASX | Known Offshore* | Offshore Destinations |
|---|---|---|---|
| Block Inc | XYZ | None found | - |
| CAR Group | CAR | None found | - |
| Catapult Sports | CAT | None found | - |
| Codan | CDA | None found | - |
| Culture Amp | None found | - |
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.”