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European Edition
18th September 2025
 
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THE HOT STORY

France braces for mass protests today

Teachers, train drivers, pharmacists and hospital staff are among workers expected to strike in France today as part of a day of protests against looming budget cuts. Unions from the various sectors are also calling for increased public service funding, higher taxes on the wealthy, and the reversal of a controversial pension reform. Leaders of the Socialist Party met with Prime Minister Sébastien Lecornu yesterday to negotiate budget concessions. These discussions could influence the final phase of President Emmanuel Macron's second term. One union leader said: "We need a fairer approach to public spending."
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HR TECHNOLOGY

Unlock HR’s Competitive Edge

HR leaders know the stakes are high. Siloed systems create errors, slow processes, and drain productivity. Yet 93% of employers now agree that integrating HR and benefits data is critical to future success. According to Unum’s Employer Pulse Survey, HR technology and benefits data integration top the priority list in 2025.

This report shows how integration transforms HR from an administrative function into a strategic driver of performance. It reveals why technology sits at the heart of HR priorities, how broad benefit challenges are shaping satisfaction, and why combining automation with human connection creates lasting impact.

Organisations that embed benefits data integration into their HR technology stack gain faster processes, cleaner data, and sharper insights - delivering measurable competitive advantage.

Download the report to stay ahead.

 
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HIRING

UK graduate jobs crisis deepens

Britain is experiencing a significant decline in graduate job opportunities, with vacancies on Reed's website dropping from 180,000 to 55,000 since 2021/22, according to James Reed, CEO of the recruitment firm. Research by High Fliers shows that there was a 14.6% decrease in graduate hiring among the top 100 employers last year, the steepest drop since 2009. Mr Reed, who noted that AI is automating many white-collar roles, is urging families to encourage young people to consider manual labour as a viable career path. He said: "There are all sorts of good jobs that don't involve big lawyers or accountants. And I think probably there's a big cohort of middle-class people who need to think again about that."
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STRATEGY

ING Luxembourg confirms 124 job cuts

ING Luxembourg will cut 124 jobs and close two branches as part of a restructuring plan, CEO Michael Burch has announced. The bank aims to focus on private and wholesale banking, discontinuing business banking services. Currently, ING has around 944 employees in Luxembourg, down from 90,000 retail customers last year. Burch said: "We want to stay here. We are committed to Luxembourg." The closures are due to changing customer preferences towards digital banking. A referral agreement with BGL BNP Paribas will assist affected customers during the transition.
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CORPORATE

Ben & Jerry’s co-founder quits over Unilever ‘silencing’ of social mission

Ben & Jerry’s co-founder Jerry Greenfield has quit the ice cream brand he launched almost half a century ago, saying the Vermont-based company has lost its independence since Unilever put a stop to its social activism. Ben Cohen, who started the company with Mr Greenfield, shared a statement from him that said quitting was “one of the hardest and most painful decisions” he’d ever made. “Standing up for the values of justice, equity, and our shared humanity has never been more important, and yet Ben & Jerry’s has been silenced, sidelined for fear of upsetting those in power," he said in the statement. “And it’s happening at a time when our country’s current administration is attacking civil rights, voting rights of immigrants, women, and the LGBTQ community." A spokesperson for The Magnum Ice Cream Company, the Unilever subsidiary which controls Ben & Jerry's, said on Wednesday that it disagreed “with Jerry’s perspective and (has) sought to engage both co-founders in constructive conversation.”

Elliott Management buys stake worth over $2bn in Workday

Elliott Management has acquired a stake exceeding $2bn in Workday, expressing support for the company's leadership and its strategic direction. The activist investor praised Workday's CEO and CFO for their effective management, saying that it is confident in the multi-year plan presented at the company's Financial Analyst Day to enhance shareholder value. In conjunction with the investment, Workday announced the $1.1bn acquisition of AI firm Sana, marking its third AI-related deal in a short period as it seeks to strengthen its position in the competitive HR software market.
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TECHNOLOGY

How a former junior lawyer created a $5bn AI legal start-up

The Financial Times profiles Winston Weinberg, co-founder of legal AI company Harvey.  The business uses large language models (LLMs) to speed up tasks including document review and legal research.
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CYBERSECURITY

Hackers steal customer data from fashion houses

Hackers from the ShinyHunters group have stolen millions of customer records from Gucci, Balenciaga, Brioni, and Alexander McQueen, owned by French luxury group Kering. The stolen data includes names, contact details, addresses, birth dates, and purchase histories, but no financial details or government-issued IDs. Reports suggest 56m records were taken in two attacks, with a failed ransom negotiation involving Balenciaga. Kering said it detected the breach in June, alerted authorities, and notified customers. Experts warn high-net-worth clients face heightened phishing risks. The attack follows a wave of cyber incidents affecting major retailers and luxury brands across Europe this year.
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LEADERSHIP

Nestlé chair to step down weeks after dismissal of CEO

Nestlé chair Paul Bulcke has stepped down weeks after firing chief executive Laurent Freixe for failing to disclose a romantic relationship with a subordinate. The decision comes after shareholders criticised the chairman's handling of the situation. He will be replaced by vice chair Pablo Isla on October 1st, some six months before he had originally been due to succeed Mr Bulcke.
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INTERNATIONAL

Over half of US healthcare workers are actively looking to leave their job

More than half of US healthcare workers are considering leaving their jobs, according to a survey by The Harris Poll. The study, which included 1,504 frontline employees and 304 employers, revealed that 55% plan to search for new positions by 2026. Burnout and dissatisfaction are prevalent, with 84% feeling undervalued. The US faces a projected shortage of nearly 700,000 healthcare professionals by 2037. Jennifer Musil, global president of research at The Harris Poll, said: "Given the unprecedented need for care driven by the aging Baby Boomer population, these findings offer critical insights into how to better retain, support and prepare the people at the heart of our nation's healthcare system." 

Super Retail Group CEO sacked over disclosure failure

Australia's Super Retail Group has terminated chief executive Anthony Heraghty after he failed to disclose a romantic relationship with former HR chief Jane Kelly. The board said that new information revealed Heraghty's previous disclosures were inadequate. Legal action is ongoing, with former legal officers alleging bullying after raising whistleblower complaints about the relationship. The board has also revoked Mr Heraghty's financial incentives. Chief financial officer David Burns will serve as interim CEO while the search for a permanent replacement begins.

UAE's offshore industry to recruit thousands

The UAE's offshore industry is projected to create nearly 83,000 skilled jobs over the next five years, according to research by Robert Walters. The sector's economic contribution is expected to rise from $4.79bn to $7bn by 2030. Phill Brown, head of market intelligence at Robert Walters, noted that offshoring is becoming a strategic part of the UAE economy. Key growth factors include the UAE's strategic location, strong English proficiency, and modern infrastructure. David Barr, CEO of outsourcing at Robert Walters, said: "More companies are viewing offshoring not as a cost-cutting tactic but as a talent access strategy."
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OTHER

Norwegian salmon demand skyrockets in China

Norwegian salmon exports to China have surged, with a 120% increase in volume to 61,303 metric tons in the first eight months of this year. The export value reached 5.4 bn Norwegian kroner ($549 m), up 66% year-on-year. China has become Norway's third-largest seafood market, driven by the growing middle class and e-commerce. Sigmund Bjorgo, director of the Norwegian Seafood Council in China, noted that demand is rising as sushi and sashimi gain popularity. The council plans to boost online marketing efforts and expand partnerships with local sashimi chains.
 
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