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Recent Editions
Human Times
North America
U.S. wireless carrier AT&T has confirmed its decision to end diversity, equity, and inclusion (DEI) programs in order to secure approval from the Federal Communications Commission (FCC) for its $1.02bn acquisition of wireless spectrum assets. The move aligns with similar actions taken by T-Mobile and Verizon, which have also ceased DEI initiatives while pursuing regulatory approvals for major deals. AT&T said in its letter to the FCC that it “does not and will not have any roles focused on DEI.”
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Human Times
UK
Angela Rayner, the former deputy prime minister, will today propose an amendment to expedite the passage of the Employment Rights Bill. This comes after the Lords forced the watering down of day-one rights against unfair dismissal. After negotiations between unions and business leaders, the qualifying period will now kick in after six months - down from the existing two years. The move was a breach of the Labour party’s manifesto and has angered backbenchers who fear that further concessions on the bill will follow. Rayner will argue that because the compromise position is shortening the current system, it does not need consultation and therefore the change must be implemented more quickly.
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Human Times
Europe
Marie Jaroni, Thyssenkrupp's steel division chief, has told the Frankfurter Allgemeine Zeitung newspaper that a restructuring deal that will cut or outsource about 11,000 jobs will cost the company several hundred million euros. "The restructuring is costing us a mid-three-figure million euro sum. The exact amount depends on how many employees accept which offer," Jaroni told FAZ. She said the deal will pay off because the company will have permanently lower personnel costs - "a low three-digit million amount less annually than today."
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Human Times
Middle East
Nearly half (48%) of companies in the UAE and Saudi Arabia plan to hire more staff in 2026, according to a survey by Cooper Fitch. However, 29% of employers expect workforce reductions in 2026, indicating a mixed outlook. Dr Trefor Murphy, founder and chief executive of Cooper Fitch, told Khaleej Times that the UAE job market looks very promising. “We'll see next year and over the next five to six years, particularly in Dubai, very large infrastructure-type projects. We need more roads. We need metro. We need a new airport as the current airport reaches its full capacity,” Murphy said.
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