Early-career hiring remains fundamental despite AI threat
A new report finds most firms will continue hiring people for entry-level jobs.
Read the original →Article digest · Oct 24 AM
AI Layoffs & Jobs — what each story says
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.
11 stories7 with summaries5 topics
📉 Job cuts attributed to AI4
- Headlines only (the publisher did not provide a description)
- Fearing Mass A.I. Layoffs, Some in Congress Eye Ways to Aid WorkersThe New York Times · 10/23 14:23 UTC
- American Express is cutting 5% of its workforce to 'prepare for AI'CNBC · 10/23 13:25 UTC
- American Express layoffs: Thousands of roles slashed in AI push as job losses in financial services pile upFast Company · 10/23 15:52 UTC
- Barclays to Cut 5,000 Jobs This Year as It Adopts AI Across DivisionsMaeil Business Newspaper · 10/23 02:21 UTC
🧊 Hiring freezes2
New Research Reveals Which Jobs and Tasks Are Most at Risk from AI and Increasing Automation
New research examines which jobs and tasks are seeing the biggest impact from AI and automation. Software, office and sales roles are among the most exposed.
Read the original →📊 Jobs data and the labour market2
AI Is Coming For Bankers
A recent job cut announcement at Barclays has again raised the specter of an AI-driven wipeout for the banking industry.
Read the original →Thailand's Graduate Youth Unemployment at 13–14% as AI Changes Jobs; Reskilling Urgent
Young university graduates in Thailand face a serious job shortage. At the Nation Forum 2027, held in Bangkok on October 20 by Thai-language outlet The Nation, the Democrat Party's deputy leader and former finance minister Kon pointed to distortions in the labor market.
Read the original →💹 Labour costs and earnings1
Atoss raises 2026 margin goal on AI savings; Q3 operating profit up 23%
German workforce-management software maker Atoss AG raised its 2026 operating margin target to about 37% on Friday, citing AI-driven efficiency gains. Third-quarter operating profit rose 23% to €21.1 million, about 10% above analysts' expectations.
Read the original →🛟 Policy and support2
Assessing proposed legislation to expand Unemployment Insurance to protect U.S. workers amid AI-related disruptions
The Stability and Opportunity for Workers Act includes a set of reforms to improve the unemployment insurance system. The reforms are aimed at workers now and in the future facing potential AI-related displacement.
Read the original →California economist Swapnil Motghare has helped build AI unemployment tracker
Motghare, a UCLA researcher, helped develop a tracker that monitors AI-linked unemployment trends in California.
Read the original →The analysis and visual summary are in the Oct 24 AM issue. Japanese version here.