
AI and Pay: Apollo Says No Job Cuts, For Now
Everyone's bracing for AI to steal their jobs, but it turns out the machines have different plans. For now, at least, and they're not what we expected.
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Tuesday, September 15, 2026
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Everyone's bracing for AI to steal their jobs, but it turns out the machines have different plans. For now, at least, and they're not what we expected.

While the West trembles over job security, India seems to be sleeping a little sounder. Artificial intelligence won't decimate employment there, at least according to Goldman Sachs.

We thought AI would only create new jobs, right? Well, in 2026, it's become the perfect excuse for cutting positions in the tech sector.

While everyone debates whether AI will destroy or save our jobs, someone decided to stop guessing and built a tool to see what's actually happening—job by job, in real time. Nela Richardson, chief economist at ADP, doesn't mince words: companies have to choose whether to use AI to automate roles away or to augment tasks and create new value.
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While we dream of AI making life easier, some are waking up to a harsh reality. Microsoft recently cut nearly 5,000 jobs, hitting Xbox and commercial sales hard.

The dream of a tech-driven economy can turn into a nightmare, and Ireland is learning the hard way. Its big bet on AI now comes with a hefty price tag.
London, the world's financial capital, is living through a strange paradox: job postings for financial analysts have plummeted from over 350 to just 80 in four years. AI isn't creating jobs—it's quietly erasing them.