17 articles
Tempo.co English
AI has been cited as the reason for nearly 200,000 job losses in the US since 2023, with over 60% of these layoffs occurring in 2026. The highest number of AI-related layoffs occurred in May 2026, when 38,600 people lost their jobs.
Finimize
Big companies are using AI overhauls as a pretext for large-scale layoffs, with firms like HSBC and Kroger cutting thousands of jobs. These layoffs are part of a strategy to reduce labor costs and redirect budgets toward AI infrastructure, such as data centers and new systems. The trend reflects a broader shift toward automation in white-collar roles, increasing pressure on employees to deliver measurable results using AI tools.
Independent Newspaper Nigeria
Professor Clement K. Dzidonu advocates for a "Sovereign Triple-L" mindset, emphasizing lifelong learning as essential in the AI-driven era, where graduation marks the beginning, not the end, of continuous learning and capability development. He highlights the growing "SEEK-Gap," the widening gap between current skills and those required in a rapidly evolving professional landscape, urging individuals to take ownership of their learning journeys. Dzidonu argues that AI and technological advancements necessitate a shift from traditional education models to ongoing, self-directed learning to maintain professional relevance.
RTE.ie
The first group of recipients for the Basic Income for the Arts scheme in Ireland will be notified this week, with up to 750 artists receiving €325 weekly for three years. The scheme, which aims to support professional artists based in Ireland, follows a successful pilot and has received over 10,000 applications. The Minister emphasized the scheme's importance and its continuation from the previous pilot, acknowledging its positive impact on artists.
Seoul Economic Daily
Boseong County distributed 19.8 billion won in rural basic income over its first 100 days, with 89.7% of the funds spent locally, boosting neighborhood businesses. The county is focusing on stabilizing residents' livelihoods through the program and developing growth industries like matcha and marine tourism. Kim Cheol-woo's administration aims to expand on previous efforts by improving welfare, housing, jobs, and living conditions while promoting local economic recovery.
The Scottish Farmer
Scottish farmers, crofters, and farm workers are calling for a £1000 monthly basic income pilot to address financial struggles in the sector, according to a report by the Basic Income for Farmers Scotland Working Group. The proposal suggests direct payments to individuals rather than businesses and advocates shifting agricultural support from a per-hectare model to one based on the number of people working in agriculture. The report highlights that smaller farms and those in sectors like horticulture face particular challenges due to low incomes and limited government support.
Quasa.io
Gartner's survey indicates that 63% of senior procurement leaders expect AI to significantly enhance procurement performance in the next three years, but only 25% have redesigned jobs and roles due to AI implementation. The study highlights a mismatch between the rapid automation of routine tasks and the slower adaptation of roles and responsibilities, emphasizing the need for clear decision authority and role redesign to effectively integrate AI in procurement.
ET Edge Insights
AI is reshaping the workplace by shifting routine tasks to machines, increasing the value of uniquely human skills like judgment, creativity, and empathy. Leaders must foster environments where employees can develop and apply these skills effectively, emphasizing adaptability and continuous learning. Successful AI integration depends on clear communication, employee involvement, and a culture that encourages experimentation and accountability.
Quasa.io
HubSpot plans to cut 660 jobs, approximately 7% of its workforce, but the CEO stated that the layoffs are not directly linked to AI replacing jobs. The company is shifting its focus from tools that help customers grow to AI-driven customer outcomes, which is reshaping its product development, pricing, and service models. The restructuring aims to create a flatter organizational structure with clearer accountability for customer results.
The Korea Daily
Amid rising concerns about AI-driven job displacement and potential layoffs, workers are prioritizing job stability over work-life balance. Research indicates a shift in employee preferences, with security becoming a top priority in the current economic climate. This trend highlights a growing fear of unemployment and the impact of technological advancements on the workforce.
GuruFocus
Kroger plans corporate job cuts as part of its shift toward AI and digital transformation. The company is focusing on enhancing its digital capabilities and improving operational efficiency. The layoffs are expected to impact various corporate functions.
NC Newsline
Lee Rainie highlights that AI will significantly transform the future of work by automating routine tasks and creating new job opportunities in tech-related fields. He emphasizes the need for workforce reskilling and education to adapt to these changes. The discussion underscores both the potential benefits and challenges AI presents for employment and economic structures.
NDTV Profit
Sridhar Vembu warns of a bleak future for software jobs due to rising AI costs and increasing automation. He emphasizes the need for the industry to adapt to avoid widespread layoffs. Vembu expresses determination to work towards minimizing job losses in the sector.
Rediff MoneyWiz
Sridhar Vembu argues that Universal Basic Income (UBI) in the AI era would lead to a dystopian society by removing human purpose and motivation. He emphasizes that humans derive meaning from work and that UBI could undermine economic and social progress. Vembu advocates for policies that align with human purpose rather than replacing it with automated systems.
Quasa.io
UK businesses using AI report that administrative and clerical roles are most affected, with 38% citing these roles as most impacted, while 6% of AI-using firms reported headcount reductions. Creative or design roles follow at 24%, and fewer than 1% saw increased headcount. The survey highlights the functions most affected by AI adoption, not the exact number of affected workers.
The Indian Express
Jeff Bezos believes AI could significantly reduce the number of workdays required, potentially allowing people to work just three days a week or even leave their jobs altogether. He sees AI-driven productivity gains as an opportunity to reshape the economy and improve quality of life, though he acknowledges the uncertainty surrounding the current AI boom. Other tech leaders have also speculated on AI's potential to shorten the workweek, with some suggesting it could make employment optional in the future.
The Indian Express
Zoho has frozen 2026 salary hikes for all employees due to rising AI infrastructure costs and an uncertain software market, aiming to avoid mass layoffs. Server prices have quadrupled, increasing data center expenses, while growing AI adoption has raised computing demands. The company has also cut its marketing budget and halted new hiring, reflecting broader challenges in the tech industry amid the 'SaaSpocalypse' and shifting business models driven by AI.
Summaries are AI-generated and may contain errors; the linked article is the authority.
