CBA reverses AI job cuts, prioritizes human interaction

The C4 Dispatches programme "Will AI take my job" is a great eye-opener. I particularly enjoyed the discussions relating to the solutions for an AI displaced workforce. The UK government of today is committed to driving AI implementation but has zero solutions for the human cost that this will result in. It is estimated that millions of high level jobs will be lost in the creative and healthcare industries as well as legal and financial services. AI gives an efficiency edge but what about uniqueness, difference and cultural identity? Most of all what does government intend to do with the over supply of skilled workers left with nothing to do? Britain should have learnt from the collapse of manufacturing and mining industries. AI brings the same threat to the UK service based economy. The Chancellor wants economic growth but she appears to be ignoring the signs of an AI generated recession worse than Covid.

Today I want to touch a topic which can be ruthless an alarm bell to many workers and businessmen to adapt to the changing world & remember Charles Darwin's theory of survival of the fittest otherwise crying is going to be of no use. people in the supply chain ,MIS,HR,Admin, procurement,Finance need to listen here carefully to a few facts. 1.After 2010 there was a drive to work on computers & only from register age who adopted & made them fittest by working on computers could survive jobs.In government sector from bank to others people took VRS & private employees who didn't work on computers had no growth & many jobs also got lost. 2.During Covid 2020-21,2021-22 the private sector worked with 35% staff & only those from this department survived jobs who were indispensable,could do multiple tasks,do tasks of 3-4 people or very important to run the production survived job. 3.Today in 2025 in the next 2-3 years if you don't master AI portals or all AI based working then you will be subjected to expulsion or devoid of growth . So with 2 old real situations employees need to learn AI as it's becoming T20 cricket in years to come. similarly businessmen also need to make the best of this technology or people who will adopt will be the fittest to survive this new world in the next 3 years. #AI #prarathana consultancy & services #technology

"Across the world, professional services firms — where the impact of AI is greatest — are cutting back on graduate hires, as AI tools can replicate the work that many of these new entrants to the labour market would have been doing." https://lnkd.in/gkc9qnmp

The volatile global political and economic climate is prompting many multinational businesses to review their workforce strategies. If employer surveys are to be believed, many businesses are planning to cut jobs over the next 12 months as a means of managing rising costs or choosing to reduce operations in jurisdictions with heavy regulatory costs. Further job losses are also expected with the unstoppable rise of AI.   However, cutting jobs can lead to more costs if the processes are not managed properly. As one of our experts stated in preparing this Guide: “Missteps can quickly spiral into legal disputes, financial strain and reputational damage." #TeamSPB's global labor and employment professionals have prepared this latest global guide to answer key questions multinational businesses have when implementing redundancies in specific jurisdictions.

California Enforces New AI Employment Regulations Starting October 2025 California has introduced regulations governing the use of artificial intelligence in employment practices as of October 2025. These rules prohibit employers from using AI tools that discriminate based on protected categories outlined in the Fair Employment and Housing Act -FEHA-. Key points: - Employers must retain AI-created employment records for at least four years. - AI tools remain permissible for background checks, screening, and hiring decisions, provided they comply with anti-discrimination laws. - The California Civil Rights Department -CRD- will enforce these regulations, and individuals may file complaints if discrimination occurs through automated decision systems -ADS-. These regulations reflect a significant step toward ethical AI use in hiring, setting a model likely to influence broader U.S. policies. Source: https://lnkd.in/dj9_vTR5 👉👉 Follow Us ✨ 🙏 ➡️ Global AI Talks 🌎✨ 📌Country Pages🎯 ➡️ US AI Talks 🇺🇸 ➡️ UK AI Talks 🇬🇧 ➡️ Canada AI Talks 🇨🇦 ➡️ India AI Talks 🇮🇳 #AIRegulations #EmploymentLaw #FairHiring #CaliforniaLaw #ArtificialIntelligence

🌐 Exploring AI in Employment Counselling As part of the TRAILS - Enabling data analytics for actions tackling skills shortages and mismatch project, on 30 September EARLALL took part in the AITEC (Artificial Intelligence Training for Employment Counsellors) webinar, which explored the role of AI in employment counselling and its potential to support unemployed individuals. Speakers from SkillLab shared how AI can make job matching more efficient by helping jobseekers and employers navigate vast amounts of data. At the same time, they underlined that technology must complement — not replace — human judgement, particularly when supporting vulnerable groups. The discussion also stressed the importance of addressing risks such as bias, data protection, and ethics, in line with frameworks like the EU AI Act and GDPR. 💡Within TRAILS, we follow these developments with great interest, since they directly support our mission of leveraging AI and digital tools to improve learning and employment pathways. 👉 Read more here https://lnkd.in/dib7FVvV #EUProjectTrails

- How have young workers been affected in occupations exposed to automative A.I.? - What do firm surveys indicate about the relationship between A.I. usage and employment levels? - What evidence exists regarding the impact of A.I. adoption on overall employment for U.S. workers and young workers specifically? - To what extent is it appropriate to speculate that A.I. adoption will lead to widespread job losses? Prajakta Bhide - MRB - The Macro Research Board's US Strategist is addressing these questions in her latest piece titled "U.S. Labor Market: Is A.I. Taking A Toll?. Qualified investors can request a copy here: https://lnkd.in/dySE5RiR #AI #ArtificialIntelligence #USLaborMarket #USEmployment #USUnemployment #YoungWorkers

🌍 AI is transforming the workplace faster than we imagined. Yes, it creates efficiency — but it also creates fear. Many employees worry: Will my job still exist tomorrow? This is why organizations must take proactive steps: ✅ Cross-training staff so they can pivot into new roles as AI takes over repetitive tasks. ✅ Offering employment security policies — like a 5-year assurance or redeployment program instead of sudden contract termination. Why does this matter? It builds trust and loyalty between company and staff. Ensures organizational resilience, since cross-trained employees can fill multiple roles. Encourages a culture of continuous learning and adaptability. Demonstrates ethical leadership in an era where technology could easily outpace humanity. Imagine if this wasn’t just a company choice but an employment law: 🔹 Workers would have protection against abrupt job loss. 🔹 Businesses would be encouraged to upskill, not replace their workforce. 🔹 Society would transition to AI with dignity, stability, and fairness. AI doesn’t have to mean job loss. With the right policies, it can mean job evolution. 💡 Should governments mandate this kind of staff protection policy as part of labor law? #FutureOfWork #AI #EmploymentLaw #Upskilling #CrossTraining #JobSecurity #ResponsibleAI #WorkplaceInnovation

Good read on the challenges of college graduates globally with the new adoption of AI on both sides of the hiring process. https://lnkd.in/ekPYSuPS

Over just the last few years, AI does appear to be hurting the employment prospects of the most closely exposed workers, such as young technology workers (Exhibit 4, left). Our global economics team recently showed that employment growth has turned negative in the most AI-exposed industries, but that the aggregate labor market impact remains limited so far, as seen in the lack of a clear statistical link between AI exposure and industry- and occupational-level labor market outcomes (Exhibit 4, right).