🚨 99% of CEOs expect AI layoffs in the next 2 years.
Let that sink in.
A new Mercer report just dropped, and it's not pretty:
✅ 99% of CEOs are bracing for AI-driven job cuts
✅ Only 32% think humans + machines can actually work well together
✅ Entry-level roles? First on the chopping block 🎯
✅ Young workers (22-27) facing the toughest job market since the pandemic
Meanwhile:
📉 Only 44% of employees say they're thriving at work (down from 66% in 2024)
🧠Researchers are now tracking "AI Replacement Dysfunction" (AIRD) — yes, that's a real term being proposed for the anxiety workers feel about being swapped out for a chatbot.
And the irony?
🗳️ AI is now less popular than ICE in recent polling.
Let that marinate.
💬 Hot take: If AI is so great at replacing entry-level work… how do workers ever gain the experience needed for senior roles? Are we automating the ladder out of existence?
👇 What's your take:
🔹 Excited about AI's potential?
🔹 Worried about your role?
🔹 Feeling the "AIRD"?
🔹 Or just tired of the hype?
Drop your thoughts. No bots allowed. 🤖🚫
Now that summer is just around the corner, it is time for high schoolers and college graduates to start landing jobs. However, as parents, it is often hard to stand by and watch teens struggle to find opportunities. As a caregiver, how can you best support them through this transitional phase?
The New York Times recently posted an article, "This Is a Hard Time to Start a Career. These Two Words Can Help," which discusses the idea of finding a craft to hone in on and master, something that is enjoyable and exciting. Rather than allowing your teen to settle for the first thing that comes their way, use their excitement and ambition to help them fuel their future.
As caregivers, you can help teens navigate careers that best fit their interests. Additionally, parents have the opportunity to support their teens throughout the entire process, from applying to landing a job, and reminding their teens that there will be pros and cons to any job.
Although the job market is turbulent, caregivers can help guide their teens and young adults as they navigate the working world.
This summer is anticipated to be the worst for teen employment since 1948, with Challenger, Gray & Christmas projecting only 790,000 jobs. That compares with 801,000 last year, the lowest on record. The executive search firm cites inflation putting pressure on small businesses and a 70% drop in planned entertainment and leisure hiring. Many teens are choosing to prioritize academics and extracurricular activities over summer work, per The Wall Street Journal.
In a faltering white-collar job market marked by accelerating layoffs, many CEOs are turning toward stricter performance accountability over employee empathy, Bloomberg reports. CEOs at Nestle, Unilever, and Novo Nordisk are pushing for more demanding, results-driven cultures, often implementing ambitious financial targets and revised bonus structures. While some employees welcome the changes, concerns about mental health and job satisfaction are rising, leaving questions about the long-term effects of this shift in corporate culture.
The rapid integration of AI into various industries is creating a shift in job demand, favoring skilled blue-collar workers over recent college graduates. Companies like AT&T are investing billions to recruit and train technicians for AI infrastructure, while the U.S. is facing a growing deficit of skilled workers needed for construction and other trade jobs. Another upside to skilled labor roles: job security. "I don't think robots can be climbing poles anytime soon," an AT&T premises technician tells CNBC. "Computers can't do what we do."