Corporate America is tidying the org chart like a closet clear-out. Morgan Stanley says AI could carve hundreds of billions from costs, Google trims a third of managers, and lab talent keeps slipping the net. At the same time, offices are filling on some days and ignored on others, with leaders rediscovering that presence without purpose is just theatre.
Here is the through-line. Companies want results they can count, employees want rules they can respect, and the labour market is easing into a long hold pattern. The winners will make fewer promises, design better work, and publish the receipts.
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