Layoffs, Flat Raises, and Resume Botox

Layoffs are back, pay is getting flatter, and AI still struggles to prove ROI. This week’s brief looks at what employers do when confidence drops: cutting roles, standardising raises, and watching candidates “de-age” their CVs to stay in the game.

By EBN 8 min read
Slice of toast spread with peanut butter, with a butter knife resting on top, set against a background of peanuts.
When everyone gets the same spread, the real differentiator becomes growth.

It is getting harder to tell whether companies are changing how work gets done, or just changing the story they tell about it.

In the same week that employers talk up efficiency, workers are watching layoffs stack up, managers are quietly redesigning pay, and jobseekers are rewriting their own timelines to stay “hireable”. This is what a cooling market looks like in practice: less trust, more workarounds, and a sharper fight over who gets protected when budgets tighten.

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What follows is a field guide to the patterns showing up across AI rollouts, reward decisions, and hiring behaviour, plus a new weekly layoffs tracker you can scan in under a minute.

This Week’s Paper Cut's