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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

Latest

12 texts
Polcom to build 40 MW data center in Skawina. 150 million zloty for sovereign AI

Polcom to build 40 MW data center in Skawina. 150 million zloty for sovereign AI

Polcom is expanding its Polcom AI Cloud platform and has announced Data Center 3 in Skawina, a facility of up to 40 MW with a budget of about 150 million zloty, due to launch in 2030. The company has already spent 42 million zloty modernizing its existing infrastructure.

Economy26 September 20265 min read
2.7 trillion dollars on AI in 2026. Gartner projects 49.5 percent growth

2.7 trillion dollars on AI in 2026. Gartner projects 49.5 percent growth

Gartner forecasts global AI spending will hit 2.7 trillion dollars in 2026, up 49.5 percent from the previous year. AI security accounts for just 248.9 billion dollars of that total.

Economy26 September 20265 min read
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

A World Bank report projects that widespread AI adoption will lift Poland's GDP by 12 percent by 2035. In the same period, between 3,000 and 341,000 jobs could vanish. The outcome hinges on how easily workers move between sectors.

Economy26 September 20265 min read
04

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

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

Economy26 September 20266 min read
05

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

The European Commission kept its forecast for Polish GDP growth unchanged but raised 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
06

China allocates 490 billion euro to 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 set to reach 95 percent.

Economy25 September 20265 min read
07

Poland's inflation could hit 4 percent in September, with fuel driving the spike

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

Economy25 September 20264 min read
08

Memory prices up sixfold. Companies and consumers pay the AI bill

Morgan Stanley estimates memory prices rose roughly sixfold in a year. Gartner forecast average DRAM price increases of 125 percent and NAND of 234 percent in 2026. The result: pricier computers and phones.

Economy25 September 20265 min read
09

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

ByteDance 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
10

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
11

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

China's state data administration reports daily token calls rose from 100 billion in early 2024 to 140 trillion in March 2026, a thousandfold increase in two years.

Economy24 September 20266 min read
12

Poland's GDP growth accelerated to 3.8 percent in Q2 2026

The Central Statistical Office's flash estimate shows growth of 3.8 percent year on year, up from 3.5 percent in the previous quarter. The economy added 0.9 percent quarter on quarter. The European Commission forecasts 3.5 percent for the full year.

Economy29 August 20264 min read
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