AGP Executive Report
Last update: 11 hours agoAI & Job Cuts: Qantas says its Accenture deal and technology overhaul will cut 850 jobs, with initial losses in finance, procurement, HR and marketing and much of the work moving to India. Unions are calling for stronger protections. Early-Career Hiring: Microsoft is investing in student outreach, hiring and development as entry-level postings have fallen 35% since 2023 and recent graduates face higher unemployment. Labor Market: India’s unemployment rate eased to 5.1% in the July–September quarter, largely on seasonal rural employment; urban unemployment edged up to 6.8%. Employment Policy: The U.S. Labor Department will end affirmative-action requirements for registered apprenticeship sponsors on Jan. 5, 2027, replacing them with a standard based on compliance with nondiscrimination laws. Workforce Development: Saudi Arabia raised localization requirements to 35% for 94 engineering occupations, as a World Bank report says skills shortages are costing 61% of Saudi businesses potential profits. Inclusion: Cebu Pacific earned recognition for gender-inclusive workplace efforts; women held 41% of its executive positions in 2025.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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