Algorhythm Holdings

Company

Last mentioned: Feb 25, 2026

Timeline

  1. Workforce Restructuring

    CEO Zubin Appoo announces 2,000 job cuts during the H1 earnings briefing.

  2. Market Volatility

    Algorhythm Holdings' SemiCab announcement triggers a shift in the AI narrative toward disruption.

  3. e2Open Acquisition

    The company completes the acquisition of supply chain software firm e2Open.

  4. AI Integration

    WiseTech begins building AI agents into the Cargowise platform.

Stories mentioning Algorhythm Holdings 1

Talent Bearish

WiseTech to Cut 2,000 Coding Roles as AI Ends Era of Manual Engineering

WiseTech Global has announced a workforce reduction of 2,000 positions, targeting engineers as it pivots toward AI-driven software development. The move, representing over a quarter of its global staff, signals a paradigm shift where manual coding is no longer viewed as the core engineering function.

2 sources