Every Number Went Up This Week. Nobody Felt Better. | Paper Cut

Nike confirmed job cuts as part of a restructuring program targeting $2.5 billion in savings.

Workday is cutting about 2.5% of its workforce.

Citi has cut roughly 7,000 positions so far this year, with fresh cuts this week in Risk, Compliance, and Know Your Customer teams.

And a former Ford employee is suing the company, alleging a rigged performance rating system was used to manufacture her termination without a formal layoff.

Meanwhile, tech sector layoff announcements rose 77% in September alone, even as overall layoff announcements actually fell 18%.

Apple, for what it's worth, drew up a plan to replace 5,000 support jobs with AI, then quietly shelved it.

LinkedIn's chief executive says job seekers are now sending about 30% more applications than before the pandemic, many of them AI-written, and recruiters are struggling to tell candidates apart.

LinkedIn's fix is more AI on the employer side.

Whether that actually solves a problem caused partly by AI on the candidate side is untested.

It also lands awkwardly next to a live US lawsuit alleging an automated screening tool discriminated against older candidates, women, and people of color.

A case made sharper this week by the fact that the company involved is also the one cutting its own workforce.

Nike confirmed job cuts as part of a restructuring program targeting $2.5 billion in savings.

Workday is cutting about 2.5% of its workforce.

Citi has cut roughly 7,000 positions so far this year, with fresh cuts this week in Risk, Compliance, and Know Your Customer teams.

And a former Ford employee is suing the company, alleging a rigged performance rating system was used to manufacture her termination without a formal layoff.

Meanwhile, tech sector layoff announcements rose 77% in September alone, even as overall layoff announcements actually fell 18%.

Apple, for what it's worth, drew up a plan to replace 5,000 support jobs with AI, then quietly shelved it.

LinkedIn's chief executive says job seekers are now sending about 30% more applications than before the pandemic, many of them AI-written, and recruiters are struggling to tell candidates apart.

LinkedIn's fix is more AI on the employer side.

Whether that actually solves a problem caused partly by AI on the candidate side is untested.

It also lands awkwardly next to a live US lawsuit alleging an automated screening tool discriminated against older candidates, women, and people of color.

A case made sharper this week by the fact that the company involved is also the one cutting its own workforce.