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Good morning, friends. EY gave AI agents to 130,000 auditors in April, then cut its junior staff two months later. Big 4 graduate listings in the UK are down 44% this year. CFOs say they have never felt worse about the economy, yet two-thirds plan to spend more on tech.
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In This Morning's Issue
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EY deployed AI agents, then cut junior auditors
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No. 01
| ACCOUNTING
| Lead Story
EY deployed AI agents, then cut junior auditors
EY deployed AI agents across 130,000 auditors in April to handle document search, workpaper drafts and client requests. Two months later, it cut audit Staff 1s. Deloitte UK cut 175 audit staff the same week and Big 4 UK graduate listings are now down 44%.
The Signal — Mid-size firms still hiring for the old model are training staff for a role that's shrinking fast. The talent pipeline that used to flow down from Big 4 exits is drying up. Update your audit Staff 1 job description before the next hiring cycle, not after. What to watch: Watch for mid-size firms updating audit Staff 1 job descriptions to include AI review and oversight skills. The question is no longer whether AI changes the role. EY just answered it.
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External links — the most worth-clicking AI items from around the web this week.
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Workflow of the Week
Grok for Word (producthunt.com/products/grok-by-spacexai-for-word)
SpaceXAI's Grok assistant now runs inside Microsoft Word to help draft and refine documents without switching tabs. For CPAs writing engagement letters, management memos or client reports in Word, it cuts the copy-paste loop out of the workflow.
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NOW AVAILABLE: Whispers of Nystad
The wait is over. Whispers of Nystad is out now. A historical thriller where a coded letter can end a war. Follow Elsa across a frozen Baltic frontier as empires collide and every message carries a price. Available in paperback and ebook.
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Nexairi Sandbox
New tools and web apps are rolling out. See what's live and what is next.
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From the Archive
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That's the dispatch.
If something here changed how you think this week, hit reply and tell me. I read every one.
— Jim
Jim Smart · Founder, Nexairi
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— The Letters Desk —
Write back. We're listening.
Every reply lands in the editor's inbox. Tell us what hit, what missed, or what we should chase tomorrow — one sentence is plenty.
Or just hit reply. [email protected]
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