HSBC

FinanceAI-Cited Layoffs
United Kingdom1 layoff round tracked
4,000

Total Jobs Cut

June 2025

Most Recent

4,000

Largest Single Layoff

Yes

AI Cited

Layoff Timeline

June 2025

4,000 jobs cut
AI-CITED

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

Source: Fortune

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
Deutsche Bank

1 round

3,500 jobs
UBS

1 round

3,000 jobs
Helvetia Baloise

1 round

2,600 jobs

Sources

Fortune

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

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