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AI job cuts hit entry level as data centers add blue collar work

AI job cuts hit entry level as data centers add blue collar work

Employers announced 33,429 job cuts in July, the lowest monthly total in two years, but artificial intelligence led all cited reasons for the fifth straight month, according to a Challenger, Gray & Christmas report released Aug. 6.

Economy27 September 20266 min readSources 6
Energy prices are redrawing Europe's industrial map

Energy prices are redrawing Europe's industrial map

Playmobil ended figure production at its Dietenhofen plant in Bavaria in June, putting around 350 jobs at risk. The Horst Brandstätter Group blamed high energy prices, along with wages and ancillary labour costs.

Economy27 September 20266 min readSources 3

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10 texts
World Bank: AI could add 12 percent to Poland's GDP by 2035

World Bank: AI could add 12 percent to Poland's GDP by 2035

The World Bank expects widespread AI adoption to lift Poland's GDP by 12 percent by 2035. Over the same period, somewhere between 3,000 and 341,000 jobs could disappear. Which end of that range you get depends on how easily workers move between sectors.

Economy26 September 20265 min read
AI runs on debt: $570 billion in issuance and $3 trillion off the balance sheet

AI runs on debt: $570 billion in issuance and $3 trillion off the balance sheet

Morgan Stanley puts global AI-related debt issuance in 2026 at close to $570 billion. Big tech's off-balance-sheet obligations grew from $1.65 trillion to nearly $3 trillion in two months.

Economy26 September 20266 min read
Brussels raises Poland's inflation forecast to 3.6 percent, sees deficit at 6.5 percent of GDP

Brussels raises Poland's inflation forecast to 3.6 percent, sees deficit at 6.5 percent of GDP

The European Commission left its forecast for Polish GDP growth unchanged but raised its expectations for inflation and the deficit. The energy shock in the Middle East is hitting the whole Union, whose growth is now put at 1.1 percent.

Economy25 September 20265 min read
04

China puts 490 billion euro into networks and computing power

Beijing's 15th five-year plan for 2026-2030 commits 490 billion euro in cumulative investment and targets 9 800 Eflops of AI capacity. 5G penetration is to reach 95 percent.

Economy25 September 20265 min read
05

Poland's inflation could hit 4 percent in September, and fuel is footing the bill

Analysts at Erste Bank Polska expect September inflation to reach 4 percent year on year, up from 3.4 percent in August, with fuel prices up around 10 percent month on month. Rate hikes are back in the baseline scenario.

Economy25 September 20264 min read
06

Memory prices are up sixfold. Companies and consumers will foot the AI bill

Morgan Stanley estimates memory prices rose roughly sixfold over the past year, and Gartner forecast an average rise of 125 percent for DRAM and 234 percent for NAND in 2026. The result: more expensive computers and phones.

Economy25 September 20265 min read
07

ByteDance buys land for AI in Beijing. Already 8.7 billion yuan this year

ByteDance has bought a plot in Beijing's southern Olympic Park at the starting price of 2.61 billion yuan. It is the company's third Beijing plot this year, and together they have cost more than 8.7 billion yuan.

Economy25 September 20265 min read
08

77 percent of energy leaders say the grid cannot keep up with data centers

A Capgemini survey called "AI meets the grid" finds that 77 percent of energy sector leaders worry demand from data centers will grow faster than the ability to meet it.

Economy25 September 20265 min read
09

Token factories: China shifts data centres from power to token output

China's state data administration says daily token calls rose from 100 billion at the start of 2024 to 140 trillion in March 2026, more than a thousandfold in two years.

Economy24 September 20266 min read
10

Poland's GDP growth accelerated to 3.8 percent in the second quarter of 2026

The Central Statistical Office's flash estimate puts growth at 3.8 percent year on year, up from 3.5 percent a quarter earlier, with the economy adding 0.9 percent quarter on quarter. The European Commission expects 3.5 percent for the full year.

Economy29 August 20264 min read
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