This week, at a conference in Singapore, a senior Goldman Sachs executive said the bank's newest recruits now manage AI agents from their first day, and that nobody quite knows what happens to the middle managers they would once have reported to. Citi has cut its investment banking analyst programme from three years to two. Bayer's chief executive has explained to Fortune how he removed roughly 70% of the company's managers.
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Elsewhere, Booking.com asked a court to order its own staff into the office, and Australia's Fair Work Commission ruled that a 63-year-old can work from home one day a week because the commute wears her out. Only 4% of US chief human resources officers say they feel very confident they can manage AI-driven change.
Taken together, the week describes an org chart being redrawn while people are still sitting in it: fewer managers, shorter ladders, a hiring market that has stopped moving, and an AI rollout nobody quite owns. The pattern here is that the structure is changing faster than the arrangements for the people inside it.
