The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Investment

AI layoffs a correction from overhiring: Morningstar

BY RIDDHIMA TALWANI | FRIDAY, 20 MAR 2026 12:45PM

Morningstar said recent layoffs by Australian companies are being made from a high starting point, where in the past decade hiring could have outpaced the needs of the business.

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

Read more: AI, Morningstar, Atlassian, Block, WiseTech, ASX, Australian Afterpay, Charlie Munger, Lochlan Halloway

VIEW COMMENTS

Related News

►	US and Aussie shares 'incredibly divergent': UniSuper
►	Asset owners staying invested in the US: Morningstar
►	Data, compliance key to successful technology-enabled advice
►	Iress names chief tech officer to lead AI transformation
►	Adviser-client relationships eroded by AI: Research
►	Super 'safest' entry in private market for retail investors: Morningstar
►	Low fees a strong indicator of fund survivorship: Morningstar
►	GQG reports nearly US$10 outflows, keeps FUM stable
►	Magellan confirms job losses
►	Raiz names new chief executive

Editor's Choice

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI

The government has opened consultation on a review of corporate whistleblowing laws in Australia to ensure they are working to effectively protect whistleblowers.

Raiz names new chief executive

KARREN VERGARA

The chief executive of Raiz Invest stepped down after nearly four years in the post and has been replaced by former Selfwealth chief Craig Keary.

What does a world with 'zero migration' look like?

RIDDHIMA TALWANI

Oxford Economics hypothesised an extreme scenario of "zero migration" globally and found while destination economies would see significant declines in output per capita, origin economies would have modest gains.

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA

After failing to scale, Invesco's True Balance Fund and Trinetra Investment Management's emerging markets strategy are set to wind up.

Videos

Brought to you by

Maintaining a fundamental focus in a world obsessed with the short term

The market has changed. The opportunity hasn't.

A guaranteed future

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Strength amid noise

Follow the leaders

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE