All Episodes

March 29, 2025 3 mins

Layoffs. AI disruption. RTO tug-of-war. Gen Z may finally be slowing down the job-hopping. This week on Paper Cut, we dig into:

✂️ Massive restructures at Mercedes, EY, and IBM

🤖 Bill Gates warns most jobs won’t survive AI—but some might

🏢 RTO mandates ramp back up, but talent isn’t biting

🚪 Gen Z shifts gears—less hopping, more holding

📊 JPMorgan tweaks DEI language, and the UK Spring Statement drops

Don’t forget to subscribe for more weekly updates on the trends shaping the future of work.

📰 Sign up for the Paper Cut newsletter - it's free: https://ebn.to/sub25

🔗 Follow us on LinkedIn: https://ebn.to/lin25

🔗 Links From This Episode

✂️ Restructures & Layoffs: The Quiet, the Loud, and the Generous

• Mercedes-Benz offers severance to 30,000 employees:

https://www.dimsumdaily.hk/mercedes-benz-offers-generous-severance-packages-to-30000-employees-as-cost-cutting-initiative-intensifies/

• EY plans massive restructure post-split:

https://www.afr.com/companies/professional-services/ey-proposes-massive-restructure-cutting-divisions-to-find-growth-20250326-p5lmq6

• IBM quietly lays off thousands:

https://www.peoplematters.in/news/talent-management/ibm-quietly-cuts-thousands-of-employeesreport-uncovers-team-hit-the-hardest-44841

🤖 Agentic AI & Gates’ “AI-Proof” Jobs

• Bill Gates on AI replacing most jobs:

https://www.cnbc.com/2025/03/26/bill-gates-on-ai-humans-wont-be-needed-for-most-things.html

• Gates says coding, clean energy, and biology are AI-proof:

https://indianexpress.com/article/technology/artificial-intelligence/bill-gates-ai-proof-future-jobs-coding-energy-expert-biologists-9907512/

• Deloitte and EY launch agentic AI platforms:

https://www.businessinsider.com/deloitte-ey-launch-agentic-ai-platforms-big-four-competition2025-3

🏢 RTO Round 873 – Still a Fight

• RTO push intensifies 5 years after WFH boom:

https://www.cnbc.com/2025/03/23/5-years-into-the-remote-work-boom-the-return-to-office-push-is-stronger-than-everheres-why.html

• London firms struggle with vacancies, blame WFH expectations:

https://www.dailymail.co.uk/news/article-14518475/London-firms-struggling-vacancies-picky-job-applicants-demand-WFH-employers-bemoan-lack-Maths-English-skills-workers.html

🚪 Gen Z – From Hopping to Holding?

• Gen Z job-hoppers shift toward stability:

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.