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Recent Editions
Human Times
North America
Fintech company Block has announced it will lay off over 4,000 workers, or nearly half of its workforce, as artificial intelligence transforms operational dynamics. Jack Dorsey, co-founder and head of Block, emphasized that the layoffs are not due to financial issues but rather a shift in how companies operate. “We're already seeing that the intelligence tools we're creating and using . . . are enabling a new way of working,” he said. Dorsey said he opted for immediate cuts to avoid prolonged uncertainty, explaining: “Repeated rounds of cuts are destructive to morale.” Block aims to complete the workforce reduction by the end of the second quarter of fiscal year 2026. Dorsey plans to address employees directly in a live session, keeping communication channels open for farewells.
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Human Times
UK
Rising female unemployment, particularly among young women, is hindering the UK jobs market and costing the economy £11bn, according to the PwC Women in Work Index. The report highlights a surge in young women classified as Neet (not in employment, education or training), with rates rising to 11.8% in 2024 from 9.5% the year before. Carol Stubbings, UK and EMEA managing partner at PwC, said: “Rising female unemployment, especially among young women, points to underlying weaknesses in our labour market at a time when AI is reshaping the economy and the skills needed . . . Reducing the number of young women who are Neet is not only a social imperative – it is an economic one, with billions in potential gross domestic product at stake.”
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Human Times
Europe
BMW plans to introduce two AI-powered humanoid robots at its Leipzig factory this summer. Developed by Swedish company Hexagon, the 1.65-metre tall robots can autonomously move components in a fully digitised environment. Milan Nedeljkovic, BMW's incoming chairman, said: "The robot is intelligent enough to generate its own decisions." Despite concerns about job losses due to automation, BMW's head of digitisation, Michael Stroebel, said: "It is not planned currently to reduce the workforce by replacing workers with new robots." The robot's battery life is about three hours, but Hexagon said the robots can replace their own battery in about 30 seconds using a charging station.
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Human Times
Middle East
Many UAE companies have implemented hybrid and remote work policies to assist their employees amid the ongoing conflict with Iran. “Companies across the UAE are responding with a high degree of flexibility. Many organisations have already embedded hybrid or remote working frameworks into their operating models, which allows them to activate work-from-home arrangements quickly when needed. Where roles permit, employees are being encouraged to work remotely to ensure continuity without disruption,” said Sanjeev Giri, head of operations, Adecco UAE.
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