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Showing posts with the label workforce

Goldman Sachs CIO: AI-Natives Will Shape the Future of Work—Here’s How We Must Prepare

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Marco Argenti is the chief information officer of Goldman Sachs. Agentic AI is driving a monumental, generational shift that is poised to revolutionize industries and reshape workforce dynamics in ways we are only beginning to understand. Soon, human and AI “workers” will learn to coexist, collaborate, and thrive together. The path to that future, and the success of this collaboration, will depend on the next generation of talent leading the way. Agentic AI refers to artificial intelligence systems that can perform tasks on behalf of humans and make independent decisions without direct oversight. These systems can reason based on context, memory, and available data, generate detailed plans, and autonomously execute the steps required to complete a task. Their growing capabilities mark a shift from passive tools to active collaborators. While some speculate that agentic AI will displace many junior-level roles—and there may well be a certain level of recalibration—the r...

Workers Prioritize Flexibility Over Pay and Career Growth: A Shift in Workplace Values

Talent shortages are the consequence of a hard-core push to a return to office, as we can see from Randstad’s latest “Workmonitor Pulse” report . The survey of 5,250 employees shows that 33 percent, a full third, rank remote work even above “employability” — meaning ongoing relevance, skills and job security — when forced to choose. Seventy-three percent of fully remote workers would surrender a pay bump to preserve flexibility, and 70 percent would forgo promotions. Among fully remote respondents, half would not surrender location freedom for employability. The same can be said for 37 percent for hybrid workers and 29 percent for those permanently on-site. The latter figure for on-site workers shows how many people are liable to be tempted by lower-salary flexible work, if given the chance. External evidence confirms this. FlexJobs’s Q1 2025 “Remote Work Economy Index” demonstrates that remote jobs remain an irresistible lure: 37 percent of job seekers rank location fl...

Burnout Battleground: How Top Consulting Firms Are Winning the Fight

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Across the country, employee engagement is at all-time lows as people deal with labor market, socioeconomic and geopolitical instability. During this time, managers have been tasked with keeping people happy while balancing executive interests in productivity, office attendance and avoiding corporate activism. In the field of management consulting, where client demands and working hours can be grueling, companies like EY, PwC and Accenture are addressing these challenges by boosting their support for employees' well-being. All three firms were named to 's America's Greatest Workplaces list earlier this month. "Well-being is unique to every person. That's why, at EY, we take a holistic approach—prioritizing physical, mental, financial and social wellness," Kim McConnell, director of EY Assist, told via email, adding that personalized benefits plus focus on team building and measuring progress are keys to the company's strategy. Bur...

White-Collar Jobs in Australia: Where Opportunities Are Shrinking and Where They're Booming

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White-collar job postings fell 12.7% over the year in the first quarter. Wage growth has also slowed to a crawl for those in white-collar roles. Blue-collar laborers are in higher demand as young workers steadily fill roles. Jobs are scarce and wages are stagnant for white-collar workers compared to the boom of a few years ago. White-collar job postings nationwide are shrinking faster than their blue-collar equivalents, Revelio Labs , a workforce intelligence company, found. Those postings fell 12.7% compared to blue-collar's 11.6% between Q1 2024 and Q1 2025. Office workers are seeing fewer open roles for titles like information specialists, sales representatives, and business analysts. These business and IT roles are seeing the largest decline as the labor market grapples with slowing job growth. Several white-collar roles were on Revelio's list of occupations that had the biggest declines in openings between Q2 ...

White-Collar Jobs in Australia: Where Opportunities Are Shrinking and Where They're Booming

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White-collar job postings fell 12.7% over the year in the first quarter. Wage growth has also slowed to a crawl for those in white-collar roles. Blue-collar laborers are in higher demand as young workers steadily fill roles. Jobs are scarce and wages are stagnant for white-collar workers compared to the boom of a few years ago. White-collar job postings nationwide are shrinking faster than their blue-collar equivalents, Revelio Labs , a workforce intelligence company, found. Those postings fell 12.7% compared to blue-collar's 11.6% between Q1 2024 and Q1 2025. Office workers are seeing fewer open roles for titles like information specialists, sales representatives, and business analysts. These business and IT roles are seeing the largest decline as the labor market grapples with slowing job growth. Several white-collar roles were on Revelio's list of occupations that had the biggest declines in openings between Q2 ...

Gen Z Bosses Rise: Flexibility and Well-Being Take Center Stage

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At 25 years old, Rai says he's often the youngest person in the room at work. It can be a tough spot to be in as a manager with eight reports. The young professional, who goes by Rai Tryna on social media, is among the growing share of Gen Zers taking on the role of "boss" — and many of these young managers are changing how business gets done. Gen Zers, the oldest of whom turn 28 this year, now make up 1 in 10 bosses, and they'll outnumber the share of Baby Boomer managers by next year, according to new research from Glassdoor. The trend shows up on both ends of the income spectrum, like food service (where there tend to be younger workers in general) and in tech (where advancement is usually faster), says Daniel Zhao, lead economist at Glassdoor. Gen Z is going into management despite 'conscious un-bossing' stereotype Twenty-something bosses are gaining ground at the same time many from the age group have become the faces behind trends lik...

Gen Z Bosses Rise: Flexibility and Well-Being Take Center Stage

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At 25 years old, Rai says he's often the youngest person in the room at work. It can be a tough spot to be in as a manager with eight reports. The young professional, who goes by Rai Tryna on social media, is among the growing share of Gen Zers taking on the role of "boss" — and many of these young managers are changing how business gets done. Gen Zers, the oldest of whom turn 28 this year, now make up 1 in 10 bosses, and they'll outnumber the share of Baby Boomer managers by next year, according to new research from Glassdoor. The trend shows up on both ends of the income spectrum, like food service (where there tend to be younger workers in general) and in tech (where advancement is usually faster), says Daniel Zhao, lead economist at Glassdoor. Gen Z is going into management despite 'conscious un-bossing' stereotype Twenty-something bosses are gaining ground at the same time many from the age group have become the faces behind trends lik...

Xbox Faces Major Layoffs: Up to 2,000 Jobs at Risk

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The next batch of Xbox layoffs could be the worst so far, with an industry insider predicting studio closures as well. It’s been reported for some time that Microsoft is planning another major wave of layoffs throughout the company and a couple of days ago it was claimed that the Xbox division would be amongst those impacted. These layoffs will supposedly happen by the end of June, but previously no exact figures were given for how many people would be affected. If a new rumour is to be believed though, Xbox could lose upwards of 2,000 employees – approximately 10% of its entire workforce. The prediction comes from respected game designer George Broussard, who previously co-founded Apogee Software, better known nowadays as 3D Realms, and was one of the creators behind the Duke Nukem games. In a Bluesky post from earlier this morning, Broussard claims to have heard ‘internal developer stuff’ from within Microsoft, with anywhere from 1,000 to 2,000 people expect...