HSBC

Financial ServicesAI-Cited Layoffs

United Kingdom2 layoff rounds tracked

8,000

Total Jobs Cut

June 2025

Most Recent

4,000

Largest Single Layoff

Yes

AI Cited

Layoff Timeline

June 2025

4,000 jobs cut

Reason: Cost optimization and branch consolidation

June 2025

4,000 jobs cut

AI-CITED

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

33,700

Total industry layoffs

40%

AI-cited events

1 round

1 round

1 round

1 round

Cost optimization and branch consolidation

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

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