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Labour Market
Everything Briefed has filed against Labour Market, most recent first.
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UK vacancies have fallen for 22 straight months, and employers want deregulation in returnJobseeker numbers have risen for 41 consecutive months while vacancies fell for 22 straight, according to KPMG and the Recruitment and Employment Confederation, and official ONS data puts vacancies…Hassabis moves to chairman as Jeff Dean walks out the doorGoogle just lost the executive who built its brain and is about to watch the researcher who wired its infrastructure walk to a rival startup. Demis Hassabis stepping up to chair DeepMind reads as p…X's product chief lasted one year. That's the actual newsNikita Bier joining X's product team in 2025 was framed as a coup, the app-building wunderkind behind Gas and tbh finally getting a platform with real scale. His exit after twelve months fits a pat…Union drives are coming for gig platforms nextOrganised labour's next target after grocery and warehouse workers is the gig economy, and Uber's driver base is the biggest single pool to organise given the scale of its US and UK operations. Ube…US growth slowed and nobody's sure if that's good newsA weaker-than-expected second quarter GDP print lands at an awkward moment: soft enough to strengthen the case for Federal Reserve rate cuts, but not so soft that it looks like the hard landing bea…Rolling strikes at BHP's Australian port threaten iron ore supplyStrike action at a key export port used by BHP puts pressure on the world's largest iron ore producer at a moment when Chinese steel demand has been the wildcard determining prices all year. Even a…The AI jobs panic keeps failing to show up in the dataEvery quarter the mass-redundancy story gets predicted, and every quarter employment data quietly contradicts it. Large employers are still hiring, coding jobs haven't collapsed, and the productivi…BuzzFeed cuts a third of its staffThe layoffs land as digital media's ad-revenue model keeps losing ground to AI-generated search summaries that answer queries without a click-through. BuzzFeed has already sold HuffPost and shut Co…Centrica cuts 1,300 call centre jobs and blames the customersBritish Gas's owner framed 1,300 redundancies as a response to customer preference for AI chatbots, a convenient way to describe a cost-cutting decision as consumer demand. Call centre headcount re…FTSE bosses now earn 130 times the average workerThat ratio has widened even as real wage growth for most UK workers stays flat, keeping pay disclosure rules squarely in the FCA and government's sights for the next reporting season.Verizon cuts 3,000 jobs and hands stores to franchiseesHanding retail stores to franchise operators is how a telecom admits it doesn't want to own the fixed costs of a physical footprint anymore. The 3,000 job cuts land mostly in corporate-owned retail…ArcBest consolidates brands, cuts 2% of workforceThe trucking and logistics group is folding multiple brand names into one identity while trimming headcount, a standard freight-downturn playbook as shipment volumes stay soft across the sector.Microsoft's Xbox cuts land as another gaming bloodbathXbox staff calling this round of layoffs a bloodbath tells you Microsoft is still treating gaming as a cost centre to trim rather than a strategic bet to protect, more than a year after its Activis…Job-hopping ten times in a decade stopped being a red flagThe old rule, that frequent job changes signal instability, has quietly inverted in a labour market where staying put often means smaller pay rises than switching employers. Ten moves in ten years …Volkswagen's 100,000 job cuts are an admission, not a restructuringCutting a tenth of your global workforce isn't cost discipline, it's a company conceding it built the wrong cars for the wrong decade. VW's chief executive confirmed plans to axe up to 100,000 jobs…Three in four London jobs are flagged as high automation risk. That is a structural claim that deserves scrutiny.A new analysis places London as the UK region most exposed to automation, with around 75 percent of roles carrying material displacement risk, a figure significantly higher than the UK average. Lon…John Lewis is cutting hundreds of jobs by closing in-store services. The partnership model is getting a harder look than it wants.John Lewis is eliminating hundreds of roles through the closure of in-store services, the latest in a series of structural cuts as the partnership tries to arrest losses that have run for several c…The US jobs market just gave the Fed the cover it needed to cutUS hiring slowed sharply in June, and the Federal Reserve's hesitation on rates suddenly looks less like caution and more like patience with a plan. Nonfarm payrolls came in well below expectations…Oracle confirms AI eliminated 21,000 roles in twelve monthsOracle has done something most tech executives quietly avoid: it has named the cause. Twenty-one thousand jobs gone in a year, and the company is attributing the cuts directly to AI automation rath…UK jobs market stuck in contraction as costs bitePermanent hiring remains deep in the red despite signs the decline is slowing. The KPMG/REC permanent placements index hit 44.1 in May, still well below the 50 threshold that signals growth. Payrol…Australia's unemployment holds at 4.3% despite 56,000 new full-time jobsAustralia added 56,000 full-time positions in December while unemployment stayed flat at 4.3 percent, suggesting the labour market has found its floor. The Reserve Bank of Australia now has cover t…