BlackRock

Financial ServicesAI-Cited Layoffs
United States1 layoff round tracked
3,000

Total Jobs Cut

May 2025

Most Recent

3,000

Largest Single Layoff

Yes

AI Cited

Layoff Timeline

May 2025

3,000 jobs cut
AI-CITED

Reason: AI replacing portfolio analysis and reporting

About Financial Services Layoffs

33,700

Total industry layoffs

40%

AI-cited events

Sources

Bloomberg

AI replacing portfolio analysis and reporting

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