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EQ.app AI Community · Aug 10, 2026

7.4 million jobs are still open. AI drove 33% of July job cuts.

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Marcus Sawyerr · EQ.app AI Community

This week was one of the most fruitful I have had in a while with new conversations at EQ.app, not just because customers could see the value but because they were asking the right questions.

Not which model are we using.

More like:

  1. Where does candidate or client context get lost?

  2. Which process is still being held together by email, spreadsheets, and memory?

  3. Which team is doing invisible cleanup every day to protect the customer experience?

  4. Which repetitive task is consuming expensive human judgment that should be reserved for sales, relationships, and decisions?

The real conversation is about data quality, information quality, and whether the right people have the right context at the right moment.

That is where the bottleneck still is.

7.4million jobs open.

BLS reported 23,000 jobs lost, ADP recorded only 44,000 private hires, and AI drove 33% of July job cuts yet Recruit’s HR-tech revenue rose 20.9% and

Adecco grew 5.6%, showing a labor market splitting sharply by sector, skill and operating model.Something shifted in my conversations this week.

  1. Adecco Group 2025 Annual Report — PDF

  2. Recruit Holdings FY2025 Annual Report — PDF

  3. Kelly 2025 Annual Report — PDF

  4. AMN Healthcare 2025 Annual Report — PDF

  5. Randstad 2025 Annual Report — PDF

  6. ManpowerGroup 2025 Annual Report — PDF

  7. PageGroup 2025 Annual Report — PDF

  8. Robert Half 2025 Annual Report and Form 10-K — PDF

The AI signal is also becoming more concrete: economists lean slightly negative on near-term employment, Challenger is recording actual cuts attributed to AI, while 8x8’s customer data shows rapid deployment of AI into live frontline workflows rather than isolated pilots.

I spoke with a highly sophisticated staffing CEO running a billion-dollar business. What struck me was not just his candor when he said, “we don’t know what we don’t know about AI.”

It was what came next. “He said people in staffing are delusional if they think their data is the savior, if by data they just mean the candidate records they already have.”

Another leader I spoke with, from a company north of $100 million that recently sold, made a similar point from a different angle. “People think the value is having 500,000 records. It is not.

The value is knowing which 50,000 matter most, which ones are placeable, current, reachable, and commercially relevant.”

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  1. BLS July Jobs Report — PDF: U.S. payrolls fell by 23,000, unemployment held at 4.1%, health care added 22,000 jobs, and temporary help added 3,400

  2. ADP July Employment Report — PDF: private employers added 44,000 jobs, annual pay increased 4.4%, and pay growth for job changers accelerated to 7.0%

  3. Challenger July Job Cuts Report — PDF: layoffs fell 27% to 33,429, but AI was cited in 10,970 cuts—33% of the monthly total—while announced hiring rose 47%

  4. American Staffing Association: the Staffing Index stood at 89, with temporary and contract employment running 4.2% above last year on a four-week average

  5. Adecco Half-Year Report — PDF: H1 revenue reached €11.7B, organic growth was 5%, Q2 growth accelerated to 5.6%, and EBITA excluding one-offs rose 23% organically

  6. Recruit Holdings Q1 FY2026 Results — PDF: HR Technology revenue rose 20.9% in U.S. dollars, staffing revenue increased 11.5%, and full-year guidance was raised

  7. Kelly Q2 2026 Results — PDF: revenue fell 5.8% to $1.0B, but the underlying decline narrowed to 0.6%, adjusted EBITDA reached $31.1M, and the full-year outlook improved

  8. AMN Healthcare Q2 2026 Results — PDF: revenue reached $673M, nurse and allied staffing grew 11%, travel nursing increased 10%, and executive search rose 27%

  9. Indeed Hiring Lab: 52% of economists expect AI to be a near-term drag on employment, while job postings are forecast to decline 1.4% by June 2027

  10. 8x8 Workplace AI Report — PDF: AI-solution adoption jumped 121%, frontline-platform customers increased 247%, and voice-AI interactions grew 106%

That gap is widening.

We are also starting to see very different shapes of firms emerge. In a few cases, the companies where we have created the most value do not need constant interaction from us anymore at EQ.app

We may speak every few months while the AI workers keep the machine moving in the background.

I recorded a podcast this week and got asked where all this is going over the next three years.

Honestly, I find the next three months hard enough to predict in AI technology. But over three years, a few things feel much clearer.

Relationships will matter more.

Trust will matter more.

Brand will matter more.

The models will keep improving. They will complete more tasks with more accuracy. But the firms that benefit most will not just be the ones with access to better models. They will be the ones with the best systems around them.

System design is becoming the strategy.

15-min AI talk

BLS: Employment Situation — July 2026

BLS: Job Openings and Labor Turnover — June 2026

American Staffing Association: Staffing Index Grows in July

The Conference Board: 60% of Corporate America Has Not Moved Beyond Early AI Adoption

Read the original on marcussawyerr.substack.com

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