Monday, October 27, 2025

Jobless Growth

The AI rollout is here - and it's messy | FT Working It
https://youtu.be/GY_Ywqd3mzA


More Big Companies Bet They Can Still Grow Without Hiring
https://www.wsj.com/business/companies-hiring-jobs-ai-9ef675b6  
JPMorgan Chase has a “strong bias” against adding staff, while Walmart is keeping its head
count flat.

Goldman economists on the Gen Z hiring nightmare: ‘Jobless growth’ is probably the new normal
https://fortune.com/2025/10/14/goldman-economists-gen-z-hiring-nightmare-low-fire-hire-jobless-growth-normal

Amazon Lays Off 14,000 Corporate Workers
https://www.wsj.com/tech/amazon-to-layoff-tens-of-thousands-of-corporate-workers-056ebc4d
The cuts are the first ​step in layoffs expected to ​affect up to 30,000 jobs​, or ​about 10% of the online giant’s white-collar workforce.

UPS Cuts 48,000 Jobs in Management and Operations
https://www.wsj.com/business/logistics/united-parcel-service-ups-q3-earnings-report-2025-stock-jobs-layoffs-1d954f75
The shipper disclosed 34,000 job cuts in operations as its chief executive is under pressure to reverse a long slump in the company’s stock price.


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