Finance Layoffs

United States · Jan 2025

CEO Jane Fraser major restructuring; eliminating 20,000 positions medium-term

Switzerland · Jun 2025

Credit Suisse integration; removed ~14,000 full-time roles since acquisition

United Kingdom · Jun 2025

Exploring cuts in non-client-facing roles; deepening AI reliance

Germany · Apr 2025

Back-office role cuts; CEO Christian Sewing EUR 2.5 billion cost savings plan

Switzerland · Jan 2026

Credit Suisse integration; IT system decommissioning and workforce rationalization

Switzerland · Dec 2025

Insurance profitability boost through restructuring

United States · Mar 2026

Workforce optimization and cost reduction

United States · Jan 2024

CEO emphasized deploying automation across organization

United States · Feb 2023

Macro headwinds; slowing e-commerce growth

United States · Jan 2025

Berkshire Hathaway insurance unit cutting jobs; AI automation of claims processing

United Kingdom · May 2025

Workforce reductions affecting 200 banking/trading positions + 2,000 back-office jobs

United States · Sep 2025

Cutting jobs ahead of 2026 rolling layoff approach

United States · May 2026

AI layoff wave

United States · May 2026

AI-driven restructuring

United States · May 2026

AI layoff wave

United States · May 2026

AI-Native Talent and "One-Person Teams"

United States · May 2026

AI-driven restructuring

United States · Mar 2025

Annual review process; ditching annual culling for rolling layoffs

United States · Mar 2026

Post-acquisition consolidation

United States · Jun 2022

Crypto winter; overhired during bull market

United States · Nov 2022

Overhired during pandemic; broader economic slowdown

United States · Jun 2026

job losses

Germany · Feb 2026

AI automation adoption in insurance operations

Netherlands · Oct 2025

Digital banking tools and AI reduced support function staffing

United States · Jun 2026

job losses

United States · Jun 2026

job losses

United States · Jan 2026

Automation and AI systems reducing middle-office operations needs

United States · Aug 2022

Crypto and meme stock trading volume collapse

United States · Apr 2026

Bank acquisition

United Kingdom · Mar 2026

AI implementation at pace across banking operations

Germany · Mar 2026

Tech role elimination via AI automation

United States · Feb 2026

Cryptocurrency market restructuring

Singapore · Mar 2026

Shift toward AI integration in crypto operations

United States · Mar 2026

Financial technology company restructuring

United States · Mar 2026

Financial services tech giant cutting jobs at N.J. hub