Article
France's Gig-Economy Built On Migrant Labor As 99% Of Surveyed Delivery-Riders Are Foreign-Born, Two-Thirds Are Illegal
France's Gig-Economy Built On Migrant Labor As 99% Of Surveyed Delivery-Riders Are Foreign-Born, Two-Thirds Are Illegal
Authored by Thomas Brooke via Remix News,
A major new study has found that France’s food delivery sector is almost exclusively staffed by migrant workers, a majority of whom are living in France illegally.
The Enquête report, based on a survey of more than 1,000 riders in Paris and Bordeaux, reveals that 98.7 percent of delivery couriers were born outside France, with nearly two-thirds lacking legal residency status, highlighting the extent to which the platform economy depends on...
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Regulators Circle StanChart After CEO's AI Layoff Comments Spark Uproar
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It has been a tumultuous week for Standard Chartered CEO Bill Winters.
Winters appeared out of touch with the growing anxiety surrounding mounting white-collar AI-related job losses. He described the bank's AI adoption push as "not cost-cutting," but rather as "replacing lower-value human capital with financial and investment capital."
Such language ignited a firestorm for the CEO and the bank, and by the end of the week, regulatory scrutiny had descended on the firm.
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