AGP Executive Report
Last update: 4 hours agoLayoffs: Netflix plans to cut about 1,000 jobs, or 6% of its workforce, as growth slows. Ubisoft has cut 70 roles in Singapore and proposed closing its Finland studio, putting up to 52 more positions at risk. Owen Sound’s RBW plant closure will eliminate about 360 jobs by January. Hiring Outlook: Only 15% of UK firms say they are hiring confidently, down from 24% last year, as rising labor costs and regulation weigh on plans. Australia’s jobless rate also rose to 4.7% after employment unexpectedly fell. Fairer Workplaces: A Kean University study found age-coded language in nearly 1 in 10 job ads. Disability advocates say inclusion must go beyond hiring and involve listening to workers; Singapore’s disability employment rate is 34.7%, below its 40% target for 2030. Jobs and Development: World Bank President Ajay Banga is putting youth employment at the center of his development agenda, as 1.2 billion young people are expected to reach working age over the next 15 years.
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