Dossier
WiseTech Global
Coverage of WiseTech Global in the Nexus archive.
- Billionaire chairman of WiseTech quits after allegations he exploited woman’s immigration status for sex
Richard White, the co-founder and executive chair of Australian logistics software giant WiseTech Global, is stepping down after allegations he exploited a woman's immigration status and financial insecurity for sex. Shares of WiseTech are mentioned in the context of his resignation.
- WiseTech begins redundancies – but omits ‘AI’ from emails to Chinese employees, workers say
WiseTech Global, an ASX-listed logistics software company, has begun redundancies affecting nearly 2,000 employees (30% of its 7,000-strong workforce) across 40 countries, citing artificial intelligence advancements. The company notably omitted the word 'AI' from redundancy emails sent to Chinese staff, reportedly following a court case involving another company in China.