AGP Executive Report
Last update: 2 hours agoJob Cuts: Poundland is preparing to appoint administrators, putting up to 12,000 jobs at risk after its owners rejected a takeover bid. More than 100 staff at Dublin charity Liberty Recycling have also been laid off as the organisation suspends operations amid a Gardaí investigation. AI and Jobs: Gartner warns employers that cutting roles based on assumptions about AI could backfire, forcing them to rehire the same expertise at greater cost. Labour Market: US jobless claims fell to 194,000, their lowest level since mid-July, but hiring remains modest, averaging 68,000 jobs a month this year. Climate at Work: The ILO estimates heat stress could reduce working time in Sri Lanka and the Maldives by the equivalent of 147,000 full-time jobs by 2040. Worker Support: New paternity support for self-employed fathers could reach around 70,000 people nationwide each year.
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