📉 Layoffs, AI Disruption & HR Disconnect – This Week in Work
From fresh layoffs to leadership trust slumps, the headlines are spinning—but we’re here to slice through the noise. In this week’s Paper Cut, we cover:
✂️ Job cuts rising across PwC, Panasonic, Telefónica and more
🤖 AI replaces HR teams, streamlines ops—and unsettles leadership
👩‍💻 Gender gaps emerge in GenAI adoption among HR leaders
🔥 Burnout spikes, trust dips, and remote workers fight for autonomy
If you work in HR, employer branding, or recruiting, this one’s essential viewing.
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đź”— Links From This Episode
✂️ Job Cuts & Economic Wobble
• Canada adds jobs but unemployment rises:
https://www.bloomberg.com/news/articles/2025-05-09/canada-adds-7-400-jobs-unemployment-jumps-to-6-9
• Panasonic to cut 10,000 jobs:
https://asia.nikkei.com/Business/Electronics/Panasonic-to-cut-10-000-jobs-in-major-restructuring
• Panasonic battery profit up 39%:
• Telefónica could cut 5,000 roles:
• PwC to slash 1,500 jobs:
https://www.internationalaccountingbulletin.com/news/pwc-slash-1500-jobs/
• US jobs outlook (JPMorgan):
https://www.jpmorgan.com/insights/outlook/economic-outlook/jobs-report-april-2025
• Changing jobs is risky in 2025:
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🤖 AI: From Buzzword to Budget Line
• IBM replaces HR staff with AI:
• CrowdStrike cuts 500, cites AI efficiency:
https://www.theguardian.com/technology/2025/may/09/crowdstrike-to-cut-jobs-and-use-ai
• CEOs fear being replaced by AI:
https://fortune.com/2025/05/09/ceos-fear-losing-jobs-ai-survey/
• Alternate take on AI job impact:
https://www.thestreet.com/technology/legendary-tech-expert-has-unexpected-view-of-ai-impact-on-jobs
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👩‍💻 The GenAI Gaps & Gender Questions
• Gender gap in GenAI adoption (HR leaders):
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