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
- 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. |
Other Technology Companies That Offshore
Other companies in technology with reported offshore operations.
| Company | ASX | Reported Offshore | Offshore Destinations |
|---|---|---|---|
| Atlassian | 1,700+ | 🇮🇳 India | |
| Seek | SEK | 1,500+ | 🇲🇾 Malaysia |
| REA Group | REA | 1,187+ | 🇨🇳 China🇵🇭 Philippines🇮🇳 India |
| Canva | 1,000+ | 🇵🇭 Philippines | |
| Computershare | CPU | 350+ | 🇵🇭 Philippines🇮🇳 India |
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
This profile is based on publicly available information at the time of publication. It may not reflect current operations and should not be treated as a complete picture. We publish what we can verify — not everything that exists.
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