Sep 27, 2026
Nobody Affected Was in the Room This Week.
Six companies confirmed job cuts this week, spanning insurance, media, pharmaceuticals, automotive and tech, while new research finds nearly half of CHROs are excluded from AI strategy entirely. Add graduates fighting brutal odds for entry-level roles and experienced women quietly pushed out of promotion and board pipelines, and the pattern holds: the decision gets made first, and the people it affects find out after.
In this week's Paper Cut:
- Legal & General, Admiral, BBC Sport, Novo Nordisk, Porsche and Microsoft all cutting jobs in the same week
- Why nearly half of CHROs are shut out of AI strategy decisions entirely
- Executives promising a shorter working week while graduates fight for a shrinking number of entry-level roles
- The quiet removal of experienced women from promotion and board pipelines
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