I N S I G H TR E P O R TM A Y2 0 2 6 Images:Getty Images Contents Executive summary4 Introduction5 1 Talent and labour market trendsGlobal 12-month talent trendsRegional 12-month talent trends667 2 Workforce strategy trendsWorkforce strategy focus areas in the year aheadWorkforce deployment of AI889 3 Geopolitics meets the workplaceWorkforce impact of geopolitical fragmentationOrganizational responses and resilience strategies101011 Conclusion12 Contributors13 Endnotes18 Disclaimer This document is published by theWorld Economic Forum as a contributionto a project, insight area or interaction.The findings, interpretations andconclusions expressed herein are a resultof a collaborative process facilitated andendorsed by the World Economic Forumbut whose results do not necessarilyrepresent the views of the World EconomicForum, nor the entirety of its Members,Partners or other stakeholders. ©2026 World Economic Forum. All rightsreserved. No part of this publication maybe reproduced or transmitted in any formor by any means, including photocopyingand recording, or by any informationstorage and retrieval system. May 2026Chief PeopleOfficers’ Outlook The World Economic Forum’s Chief People Officers’ Outlook provides a regularappraisal on global labour market sentiment, emerging workforce strategytrends and organizational talent priorities. Developed in collaboration with theForum’s community of chief people officers, the briefing builds on a targetedsurvey, consultations with people leaders, expert insights and the latest globalworkforce strategy research. The Forum’s community of chief people officers convenes more than 140people leaders from large global employers, representing a broad cross-sectionof the global economy. Regionally, members are roughly equally split betweenNorth America and Europe, with growing representation from Latin America, theMiddle East, Africa and Asia. The community includes diversified representationfrom many sectors, including professional services, banking, insurance andasset management, information technology, healthcare, energy, agriculture,food and beverage, consumer, entertainment, and infrastructure industries. The survey featured in this briefing was distributed to members of the WorldEconomic Forum’s community of chief people officers and was conductedbetween 15 January and 2 March 2026. Executive summary This May 2026 edition of the Chief PeopleOfficers’ Outlook examines how geoeconomicand geopolitical tensions, economic volatility andtechnology trends are perceived to be reshapingglobal talent dynamics, workforce strategy andorganizational priorities in the year ahead. officers expect their organizations to be in thescaling phase of AI deployment within the next6–12 months, integrating AI tools across functionsand processes. As adoption advances, attentionis shifting from individual upskilling towardsredesigning roles, workflows and talent systems toensure sustainable workforce outcomes. Chief people officers perceive a divided short-term outlook for global labour markets. While 50%expect talent availability to improve over the next12 months, 30% anticipate weaker conditions,and 20% foresee no change. Expectations for jobcreation are similarly mixed, reflecting ongoinguncertainty and diverging regional and industrialdynamics. The most acute challenge cited is notoverall talent supply, but talent matching andaccess to critical skills. Geopolitical fragmentation and geoeconomicvolatility are emerging as significant forces shapingworkforce strategy. Geopolitics and geoeconomicsare no longer confined to trade, technology andcapital flows; they are directly impacting accessto skills and workforce planning. Governmentlabour market interventions, migration and visarestrictions, and cyberthreats are among themost-cited disruptors. Their tangible impactsinclude constrained access to international talent,wage pressures and shifting regional demand.In response, organizations are strengtheninginternal mobility and redeployment, enhancingcybersecurity and developing diversified regionaltalent hubs. Yet, while firm-level adaptation isaccelerating, chief people officers emphasizethat durable workforce resilience will depend onstronger system-level coordination, including cross-border talent mobility, stronger education, skillsand workforce ecosystems, and deeper public-private collaboration to build more resilient globallabour markets. Workforce strategy priorities remain consistentwith those found in the outlook’s September 2025edition. Reviewing organizational structure andjob design has emerged as the top priority for thecoming months (74% of respondents), followedby expanding upskilling and reskilling programmesand supporting workforce deployment of artificialintelligence (AI) and automation (each cited by 70%). AI adoption in the workforce is increasinglyperceived to be moving from exploration toimplementation. Around 83% of chief people Introduction This May