ING Group

FinanceAI-Cited Layoffs
Netherlands1 layoff round tracked
1,000

Total Jobs Cut

October 2025

Most Recent

1,000

Largest Single Layoff

Yes

AI Cited

Layoff Timeline

October 2025

1,000 jobs cut
AI-CITED

Reason: Digital banking tools and AI reduced support function staffing

Source: Programs.com

About Finance Layoffs

69,762

Total industry layoffs

35%

AI-cited events

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Other Finance Layoffs

Citigroup

1 round

20,000 jobs
UBS

1 round

14,000 jobs
HSBC

1 round

4,000 jobs
Deutsche Bank

1 round

3,500 jobs
UBS

1 round

3,000 jobs

Sources

Programs.com

Digital banking tools and AI reduced support function staffing

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