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Recent Editions
Human Times
North America
Professional-services firms including PwC, McKinsey, EY, Deloitte, and KPMG are cutting executive assistant and other support roles as they look to reduce costs, improve profitability, and invest more heavily in artificial intelligence. The layoffs come amid slowing growth in consulting and professional services following the post-pandemic boom, with firms increasingly relocating support jobs from expensive hubs such as New York and London to lower-cost locations including Florida, Poland, India, Argentina, and the Caribbean. Executive assistants, who can earn more than $100,000 annually at top firms, are seen as particularly vulnerable to AI because many administrative tasks - including scheduling, travel booking, expense management, and document preparation - can increasingly be automated. PwC’s U.S. business reportedly cut about 600 support staff earlier this year, while other firms including Grant Thornton, Baker McKenzie, and Standard Chartered have also announced reductions or restructuring plans affecting support functions. Industry experts say firms are prioritizing higher-paid revenue-generating employees in areas such as AI, cybersecurity, and private equity, while support staff are often the first targets during cost-cutting efforts. Some observers also believe companies are overstating AI’s immediate impact to justify layoffs that were already planned.
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Human Times
UK
BP has removed chair Albert Manifold with immediate effect. The oil firm was reportedly concerned over allegations of "bullying" and "overbearing" behaviour. In a statement, the firm cited "serious concerns" related to "important governance standards, oversight and conduct." Senior independent director Amanda Blanc said BP's board had been "surprised and disappointed" to learn of "issues it deems unacceptable," adding that the firm "has taken decisive action." Senior independent director Ian Tyler has been appointed interim chair. Manifold, who joined BP in September 2025 as a non-executive director, was appointed chair the following month.
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Human Times
Europe
Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney, OpenAI CEO Sam Altman said he was initially concerned about the impact AI would have on global employment levels, but believed the rapid development and adoption of the technology would not lead to a global "jobs apocalypse." Altman said his executive team had been "roughly right" on the technological predictions made by OpenAI when it launched ChatGPT in 2022, but were "pretty wrong" on the social and economic implications. "I'm delighted to be wrong about this, I thought there would have been more impact on entry-level white-collar jobs being eliminated by now than has actually happened," Altman said, adding that he didn't think the human interaction required in many jobs would be replaced by AI. "I don't think we're going to have the kind of jobs apocalypse that some of the companies in our space advocate or talk about."
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Human Times
Middle East
Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney, OpenAI chief executive Sam Altman said he was initially concerned about the impact AI would have on global employment levels, but believed the rapid development and adoption of the technology would not lead to a global "jobs apocalypse." Altman said his executive team had been "roughly right" on the technological predictions made by OpenAI when it launched ChatGPT in 2022, but were "pretty wrong" on the social and economic implications. "I'm delighted to be wrong about this, I thought there would have been more impact on entry-level white-collar jobs being eliminated by now than has actually happened," Altman said, adding that he didn't think the human interaction required in many jobs would be replaced by AI. "I don't think we're going to have the kind of jobs apocalypse that some of the companies in our space advocate or talk about."
Full Issue