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European Edition
15th July 2026
 
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THE HOT STORY

EU faces demographic crisis ahead

The European Union’s population is projected to decline from 450.6m today to 445m by 2050 and 398.8m by 2100, while the share of residents aged 65 or over could approach one third by mid-century. This shift is expected to intensify labour shortages, healthcare demand and pressure on public finances, with 48m people potentially requiring long-term support by 2070. The report identifies greater workforce participation among women, younger people and older employees, alongside improved productivity, artificial intelligence, skilled migration and reskilling, as key responses. Dubravka Šuica, Commissioner for the Mediterranean, said: “Demography is no longer a standalone issue – it must be part of every major policy decision.” The Commission wants demographic considerations integrated into skills, housing, care, regional development, investment and labour policies, arguing that early action could also create opportunities in health, technology and services for older citizens.
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HIRING

Recruitment market shows signs of life

Toby Fowlston, chief executive of Robert Walters, stated that the global hiring market's three-year slowdown is primarily cyclical, not driven by AI. He reassured shareholders that the market is recovering, despite a 4% drop in net fee income to £69.4m in the second quarter. Fowlston noted that the downturn stems from trade wars, political upheaval, and cost of living crises. However, he highlighted that fees are increasing in half of their markets, including the UK, Japan, and New Zealand, indicating a potential recovery ahead.
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WORKFORCE

UK pension age rise could hit millions

The UK government is considering advancing the state pension age to 68 by 2037, affecting approximately five million people currently aged 49 to 55. This change, which could save the Treasury around £6bn annually, would mean these individuals must work an additional year to qualify for their pensions, costing them an estimated £12,500. Although no final decision has been announced, the Treasury has indicated this policy shift aligns with previous government reviews aiming for a sustainable pension system. As the landscape of retirement continues to shift, professionals should prepare for potential changes impacting their financial planning and retirement timelines.

Malta's retirement rules spark outrage

Malta's early retirement rules are facing criticism from various groups, including employer bodies and trade unions. Currently, individuals retiring at 61 cannot engage in any form of employment until 65 without penalties. This policy restricts experienced workers from contributing to society on their terms. Opposition MP Ivan Bartolo highlighted the issue, stating that the rules create a sense of injustice. Many workers seek flexibility rather than full-time roles, yet the current system offers little support. Reforming these rules is essential for fairness and to retain valuable experience in the workforce.

Romanian diaspora: UK's hidden workforce

A new report says the UK’s 1.3m Romanian residents make substantial contributions across healthcare, construction, agriculture and technology. Romanians and Bulgarians have an 80.4% employment rate, while Romanian workers contributed £2.399bn through income tax and National Insurance in 2019/20, more than six times the benefits they received. Average monthly earnings reached £2,427 in 2025. However, 39% work below their qualification level. Dr. Alina Dolea contrasted official evidence with persistent “urban myths” surrounding Romanian immigration.

Spain rail strike cancels 328 services

A nationwide 24-hour rail strike is expected to disrupt services across Spain today, July 15, with 328 medium-distance, high-speed and long-distance trains cancelled. The Ministry of Transport says 73% of high-speed and long-distance services and 65% of medium-distance routes will still operate. Major corridors serving Madrid, Galicia, Andalusia, Valencia and other regions could be affected. Unions claim planned railway reforms breach earlier government commitments, threaten workers’ rights and weaken Renfe’s public freight operations through restructuring and greater private-sector involvement.
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HEALTH & SAFETY

Riders strike for safety amid heatwave

Unions for riders at Glovo, Deliveroo, and Just Eat are striking in Italy due to a severe heatwave. They demand measures to protect their health and income, as authorities in cities like Milan have suspended delivery activities during peak heat hours. Andrea Bacchin from the Nidil Cgil trade union stated: "We are asking Glovo, Deliveroo, and the Prefect of Milan for tangible solutions for workers." The strike precedes a meeting at the Ministry of Labour, where unions will advocate for social safety nets amid increasing climate challenges.
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LEGAL

Meta faces lawsuit over AI layoffs

Dozens of Meta employees have filed a lawsuit claiming the company used AI tools to unfairly target them for layoffs after they took maternity or disability leave. The lawsuit, submitted in California, alleges that Meta's AI systems, which assess employee performance, failed to account for time off due to medical or family reasons. Plaintiffs seek a court ruling to halt the layoffs and demand reinstatement and damages. A Meta spokesperson denied the allegations, asserting that decisions were made by people, not AI. The case raises concerns about AI bias in workplace decisions.
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TRAINING & DEVELOPMENT

Green energy training program expands

Tinmar Foundation and RenewAcad are expanding their partnership to enhance training for careers in Romania's renewable energy sector. As demand for skilled workers grows, they are increasing access to free reskilling programs in Gorj and Dolj counties. The initiative offers accredited courses, practical sessions, and site visits to renewable projects. Ioan Bratu, President of Tinmar Foundation, said: "The energy transition is not only about investing in infrastructure, but also about investing in people." The program aims to connect vocational training with market needs, preparing participants for sustainable employment opportunities.

Read it and reap the benefits

In Singapore, KPMG and the National Library Board (NLB) launched "Read to Lead: Building an AI-Ready Mind," a year-long initiative aimed at enhancing reading skills among professionals. A recent poll revealed that only 40% of PMETs felt confident in distinguishing accurate information from AI-generated content. The programme, officiated by Minister Rahayu Mahzam, includes expert-led talks and activities to foster critical thinking and discernment. Melissa Tam, CEO of NLB, emphasised the importance of focused reading, while KPMG's Lee Sze Yeng highlighted the need for professionals to read widely across disciplines to evaluate information effectively.
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DIVERSITY, EQUITY, & INCLUSION

Women in Malta: A workforce revolution

Over the past 15 years, the percentage of women in employment in Malta has risen to 77.2%, surpassing the EU average of 71.6%. This increase has positively impacted productivity, despite other declines. However, the Malta Women's Lobby highlighted a significant under-representation of women in senior public sector roles, with only three out of 22 permanent secretaries being women. Malta ranks 16th in the EU's Gender Equality Index, scoring 58.9 points. The report noted that diversity in the workforce leads to better organisational outcomes, emphasising the need for more inclusive leadership.

Robots: The key to inclusion?

Workplace robots could enhance inclusion for autistic adults by redesigning jobs to accommodate their unique needs. Many neurodivergent individuals face barriers due to sensory overload and unpredictable work environments, rather than skill deficits. Physical AI, such as collaborative robots, can streamline tasks, provide immediate feedback, and manage chaotic surroundings. Deloitte's 2026 State of AI in the Enterprise report noted that while 58% of companies use physical AI, 84% have not yet redesigned jobs to leverage this technology. The aim is to adapt work to fit the worker, expanding the talent pool and promoting inclusion.
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INTERNATIONAL

KPMG Australia weighs major job cuts

KPMG Australia is considering significant cost reductions as it responds to an audit leak scandal and regulatory scrutiny. Potential measures include cutting hundreds of roles, possibly more than 1,000, and reducing partner pay by up to 20%. The firm has already experienced several senior departures and admitted mishandling a whistleblower complaint alleging confidential client information was used to secure contracts. A spokesperson said KPMG was assessing “a range of options” covering its operating model, costs and workforce, while stressing that no final decisions had been made.

Resignation letter sparks industry outrage

Teng Yiaxin, a former project manager at Alibaba, resigned with a detailed letter highlighting her burnout and the toxic work culture at the company. Her letter described extreme pressures, including daily scrutiny and unreasonable expectations, leading to her fainting at work. The letter resonated widely, reflecting a broader issue of "involution" in Chinese workplaces. Following her resignation, Wang Jiamin, DingTalk's vice-president, also resigned, expressing his heartbreak over the high-pressure environment. Alibaba's management acknowledged the need for a cultural shift, stating: "Innovation in the AI era relies not on high pressure and mechanical execution, but on passion and creativity."
 
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