[26 OCT] PAPER CUT: The Productivity Mirage Meets The Pink-Slip Economy

AI agents promise lift. Pink slips deliver reality. Gen Z gets squeezed while remote-first shops drown in applicants. This week: productivity hype, adoption whiplash, and the broken rungs of early careers collide.

By EBN 11 min read
Human hand and wireframe AI hand with fingertips almost touching on black, evoking Creation of Adam and the choice between cuts and redesign.
Creation, rebooted. Let this touch lift people, not replace them.

The story of work this week reads like a split screen. On the left, upbeat talk of productivity and AI agents doing real work at scale. On the right, a drumbeat of layoffs from retail to energy to Big Tech’s orbit. Leaders are being sold efficiency. Employees are being handed uncertainty. Both can be true.

The talent market is not “weak.” It is weird. Remote employers are overwhelmed with candidates. Banks report Gen Z quitting for autonomy and pace. Meanwhile, middle managers report the lowest psychological safety, exactly the tier needed to land any transformation. The tension is not hype versus doom. It is execution versus consequence.

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Here is how to navigate it: treat AI as a work-design problem, not a headcount lever. Rebuild early-career ladders before they snap. And if you want to hire, stop swimming against your own current. We unpack the cuts, the agent reality, and the broken rungs, then end with a remote reality check and a useful tool for planning your workforce mix.

This Week’s Paper Cut's