Last mentioned: 5d ago
White resigns as chair, Murphy appointed
Richard White steps down as executive chair, Raelene Murphy becomes independent chair; shares surge an additional 8% by 1pm AEST.
Shares surge 7% ahead of announcement
On Monday before the official board change, WiseTech shares rise more than 7%, well ahead of the broader IT sector.
WiseTech shares plunge
Shares fall sharply in June following the reports, though precise date varies; the decline is noted in multiple sources without an exact date. We approximate mid-June as the onset of the sell-off.
Media reports surface
Reports emerge that AFP is probing allegations Richard White coerced a Brazilian cleaner into a sexual relationship and provided false visa information.
First phase of layoffs begins across Australian and international offices.
Full deployment of AI-driven coding and automation tools across the CargoWise ecosystem.
Target date for the completion of the workforce transition to a leaner, AI-focused model.
Internal Tensions
Reports emerge of tense scenes at WiseTech offices as employees are notified of immediate and future cuts.
Restructure Announced
WiseTech Global officially announces plans to cut 30% of its workforce to pivot toward AI.
Restructuring Announced
WiseTech Global officially announces 30% workforce reduction citing AI advancements.
Phased Rollout
The 2,000 job cuts are expected to be completed over a 24-month period as AI systems are integrated.
The logistics software giant’s founder chair steps down amid a police probe, but stays on as innovation chief. The share rebound suggests supply chain clients see the governance move as stabilizing, though full independence remains in question.
Logistics software giant WiseTech Global has announced a massive 30% reduction in its workforce, affecting approximately 2,000 employees. The company cited the rapid advancement of generative AI as the catalyst for ending the 'era of manual coding' and traditional software development cycles.
Australian logistics software leader WiseTech Global has announced a massive workforce reduction of approximately 30%, affecting 2,000 employees. The company is pivoting toward an AI-first development model, signaling a paradigm shift in how global supply chain software is engineered and maintained.
This page surfaces every story mentioning Richard White across our supply chain coverage. We track each entity's appearance over time so readers can trace how the narrative evolves — which developments are isolated incidents, which build into longer arcs, and which reframe how operators in the space think about the entity. Story selection uses the same multi-source verification gate applied across the rest of our coverage.
Read our editorial methodology for how we identify, deduplicate, and score entity references. Our glossary defines the technical terms used across stories on this page, and our trends index contextualizes individual developments against the longer-running supply chain beat. Cross-entity comparisons live on our compare view.
| What you see | What it tells you |
|---|---|
| Story count | Number of distinct stories where Richard White was a primary or referenced actor. |
| Recency clustering | Whether mentions are concentrated in a recent window (a news cycle) or distributed (a sustained arc). |
| Sentiment distribution | Aggregate sentiment of the stories mentioning this entity, weighted by impact score. |
| Cross-niche links | When the same entity surfaces in our sibling networks, we link to those views to enrich context. |