Every story in this issue with a short summary, so you can decide what to read before leaving the site. Summaries are written by AI (Claude) only from each publisher's own description and checked by Jev for anything not in that description. They are not full translations. Follow "Read the original" for the full story.
Goldman's Joseph Briggs finds that companies have historically saved automation layoffs for downturns. He is updating his projection of the AI jobs impact.
Read the original →Barclays said on October 22, alongside its July–September 2026 results, that it expects to cut about 5,000 employees. This is about 5% of staff, and roughly 60% are in support functions including developers. AI-driven productivity gains were cited as part of the background. Pre-tax profit for the quarter rose 12% year on year to £2.3 billion (about ¥488 billion).
Read the original →Barclays said on the 22nd that it plans to cut about 5,000 staff, roughly 5% of all employees, during 2026.
Read the original →A bill dubbed the 'AI layoff notification act' has been introduced in South Korea's National Assembly amid the artificial intelligence boom. It is intended to ensure the government closely tracks and responds to job reductions that arise when companies adopt AI.
Read the original →US manufacturing is showing signs of recovery, but job growth is skewed toward high-tech fields such as AI and energy, while traditional industries remain stagnant.
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