Australia Sees 108,300 Redundancies in Two Months, Highest Since COVID Amid AI Push
gaganghotra_ · x · 2026-11-09
ABS data cited by the AFR shows 50,500 Australians were retrenched in July and 57,800 in August — 108,300 in two months, well above post-COVID levels, with the year on track for the highest redundancies since the pandemic. Labour economist Jeff Borland points to companies shedding staff under pressure to roll out AI and cut costs.
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