Big Tech stopped hiding behind euphemisms on AI layoffs this week and flip-flopped on its own story, the labour participation drop finally got a number nobody can explain, and Volkswagen is weighing 100,000 job cuts as its old headcount math stops working.

This week's Paper Cut covers: Microsoft and Xbox naming AI displacement directly in layoff announcements, and the irony of the Fed appointing a CEO who just cut thousands to lead its jobs task force; the 61.5% labour force participation figure and the economist disagreement underneath it; a rare wrongful termination win against Atlassian alongside a troubling Bethesda HR story; and Volkswagen's potential 100,000 job cuts, plus how heat and the World Cup are quietly reviving remote work regardless.

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