ANZ accidentally laid people off by automated email. (yes, seriously)

Staff got “exit dates” and laptop return instructions… before anyone told them they were fired.

The story gets EVEN WILDER than this.... 🧵👇 The HR bot leaked layoff notices to 300+ managers.
👇👇👇
People thought it was a glitch… and when they asked for support- HR handed out psychologist hotlines instead of answers. (yes seriously... this happened.)

ANZ is one of Australia’s “Big Four” banks. 2/6

What is the new escape route for student loans?

- Loan forgiveness now takes 30 years
- No deferments after 2027
- Delinquency up 2x in 2025

1 in 10 homeowners already tapping equity to pay it off.

Here’s why millions of homeowners are rethinking their strategy in 2025 🧵 $1.6 trillion in student debt.

Up 6x since 2004.
- 42% of U.S. homeowners still paying student loans... for themselves or family.

- Typical loan payment: $500/month.

That’s 25% of the average mortgage.

Delinquencies are surging.

➡️ 1 in 5 older borrowers are now behind.

HOLY
Read this twice:

• Employment gains are now just 35,000 jobs/month the last 3 months... a stark drop from 123,000 a year ago.

• Entry-level job listings are down 15%, while applications are up 30%.

• 41% of 2024 grads are underemployed and 58% are still job hunting.

• New grads face a “freezing” market... fewer postings, fewer internships, and 5.8% unemployment.

• By 2030, 70% of skills will transform and 10% of jobs didn’t exist 25 years ago. reuters.com/world/us/us-la…

Here’s a stat nobody wants to say out loud...

If you’re laid off after 50, there’s a 1 in 4 chance you will never work again.

Not retire.
Not take a break.
Never. 🧵 24% of Americans laid off after age 50 never find another job.

-per WSJ (and this was a study from 2022)

How bad is it now?

Nobody cares if the unemployment rate is 4.2% when you can’t even get an interview for a job you’re qualified for.

The ‘strong labor market’ is a lie. 🧵 Tell me… how many people in your network are months deep into job searches, sending 100+ apps, zero interviews?

Real Stories of Job Seekers
Not LinkedIn fluff.
Just what’s really happening out there 👇🧵 Two Summers, No Future.
BS + MS in Computer Science.
Two summers interning at the same company.
Internship extended to year-end... but no full-time offer.
Reason? “Budget constraints.”

2/9🧵

What if ghost jobs were illegal?

If the PROPOSED Truth in Job Advertising and Accountability Act (TJAAA) passes, they’re gone:

• No fake “we’re hiring” posts
• Salary ranges in every posting
• 90-day max... no more evergreens
• Fines up to $200K per fake listing

A compliance nightmare for job boards and the Fortune 500. But if passed- major win for job seekers. The proposed Truth in Job Advertising and Accountability Act is a proposed federal bill that targets “ghost jobs” - listings posted with no real hiring intent.

It would set national rules for job ads, add pay & AI transparency, and create real penalties for fake postings. Still in proposal stage, but could reshape hiring.

In 2025, companies are starting new hires at the same pay as people who’ve been there for years. Sometimes more.

That’s not a fluke…. it’s called pay compression y’all - and it’s wiping out the value of experience in corporate America.

- per OutSolve, 2025 Average 2025 merit raise? 3.2%…. less than employers projected last fall (NFP / Mercer QuickPulse).

Inflation eats half before it hits your account.

The gap between you and the new hire? Gone in a year.

COURT DOCS: The Workday lawsuit hit a new level.

A federal judge said their AI system may have blocked HUNDREDS OF MILLIONS of job applicants from getting interviews.

“Denied employment recommendations” … by an algorithm.

The judge says the case can move forward. Here’s what’s happening: 🧵 A judge found Workday’s tools can score, sort, rank, or screen applicants, and in many cases, an applicant “can advance only if they get past Workday’s screening algorithms.”

If you got labeled “low” or “unable to score,” you may have been auto-rejected.

That is pretty explosive for a case that hasn’t really begun!

UPDATE: The AI didn’t just ghost your resume. It discriminated.

A federal judge just ordered Workday to hand over a full list of employers that used AI to rank job applicants.

Not just their tech… but every company that enabled HiredScore.

And now it’s evidence. 🧵👇 Any job you applied for through a major corporate portal between 2019–2024 could be on that list.

The AI product in question - HiredScore - was ranking, filtering, and scoring you… before a human ever saw your name. You are not crazy.

BNPL is spiraling. And the most vulnerable Americans are falling in fast.

🧵This gets dark. Very dark. BNPL use among low-wage workers is nearly 7x higher than payday loan use.

BNPL: 10.64%
Payday loans: 1.56%

Source: Washington University Center for Social Development – June 2025 Policy Brief 2/8 🧵

WHOA.
6,327 H-1B visa requests!!!

That’s what Microsoft filed for software engineer roles in Washington…

Yes, that is the same month it laid off 2,300 workers in the state... including 817 software engineers.

Same jobs.
Same location.
Lower pay.

Is this really about a “skills gap”?

- 14,181 total foreign labor requests this year
- 82% below market wage
- Routed through Integreon (India) Pvt Ltd
- $3B invested in India
- 10M workers being trained in AI

Is this a labor arbitrage machine on autopilot? I'm just gonna drop this here here:

82% of those roles that Microsoft outsourced were below-market wage according to US DOL data.

ALL filed through an Indian firm: Integreon Managed Solutions Pvt Ltd.

You think the consumer wallet is screwed? Wait ‘til you see how companies are using it to fire, hire, or bleed you dry.

(Your HR file is already a data point. Read this before it decides your future.) 👇👇👇 76% of heavy BNPL users carry overlapping debt. Are you a lyaoff risk flag?

That data is being fed into churn models.

→ Risk of quitting
→ Risk of burnout
→ Risk of theft (OMG they track this)

Yes... companies are tracking this about you. Right now.