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Is AI really killing finance and banking jobs? Wall Street’s layoffs may be more hype than takeover

In a letter to shareholders last year, JPMorgan CEO Jamie Dimon delivered an uncomfortable truth: AI “may reduce certain job categories or roles,” predicting labor ramifications similar to the printing press, steam engine, electricity, and internet. The tech became the primary suspect as JPMorgan, Goldman Sachs, and Morgan Stanely issued several rounds of layoffs in…

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If it wasn’t for a Volkswagen bus and a calculator, Apple might never have existed. At the time, late cofounder Steve Jobs was in his early 20s and strapped for cash, but hooked on the idea that everyone should be able to own a home computer. The only problem? Like many founders, he didn’t have…

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As graduates face a ‘jobpocalypse,’ Goldman Sachs exec tells Gen Z they need to know their commercial impact

For Gen Z, the entry-level career ladder is getting steeper by the month—and there’s no sign of it letting up. Unemployment among recent grads has climbed to 5.8% (the highest since 2013, excluding the pandemic) as companies rethink hiring amid AI-driven productivity gains. The pressure is already forcing young people to rethink what it takes…

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Claire Isnard can trace her 40‑year career—including 17 years at fashion house Chanel—back to one bad exam. Had she passed, she’d likely still be in a classroom, grading essays on Italian literature. Looking back, in her first-ever sit-down interview ahead of her retirement, Isnard says she feels like she’s come full circle. Despite having zero…

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Britain’s defence chief calls on Gen Z grads leaving university to skip corporate jobs and join the military as war with Russia becomes a growing risk

College graduates are stepping out of university and into an uncertain labor market—but the U.K.’s chief of defence says the government’s defence department is ready to employ them with open arms.  While warning the nation of the escalating potential of conflict with Russia, Sir Richard Knighton stressed that the U.K.’s defence “cannot be outsourced to…

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