Fintech News Network’s AI fintech layoffs tracker is a live database of every AI-attributed job cut across global fintech and BFSI since January 2025.
Coverage spans fintechs, banking, insurance, and asset management, and crypto with each entry classified by how directly the company or credible reporting attributed the cuts to artificial intelligence: EXPLICIT, REPORTED, or MIXED.
We verify every announcement against primary sources and update the database monthly. Citations welcome.
AI-Linked Fintech Job Losses
Monthly Tracker: AI Layoff Announcements
Reported layoffs
| COMPANY | JOBS LOST | RUNNING TOTAL | WORKFORCE % |
|---|---|---|---|
BitGoEXPLICIT | 85 | 85 | 14.1% of 603 |
PleoMIXED | 50 | 50 | n/a |
AcrisureEXPLICIT | 2,250 | 2,650 | 11% of 20,455 |
Standard CharteredEXPLICIT | 7,000 | 7,000 | 8.8% of 80,000 |
KrakenEXPLICIT | 150 | 150 | 5% of 3,000 |
CommerzbankEXPLICIT | 3,000 | 3,000 | n/a |
CoinbaseEXPLICIT | 700 | 700 | 14.9% of 4,700 |
PayPalEXPLICIT | 4,760 | 4,760 | 20% of 23,800 |
BoltEXPLICIT | 40 | 40 | 30.1% of 133 |
Crypto.comEXPLICIT | 180 | 180 | 12% of 1,500 |
HSBCREPORTED | 20,000 | 20,000 | 10% of 200,000 |
NordeaEXPLICIT | 1,500 | 1,500 | 5% of 30,000 |
BlockEXPLICIT | 4,000 | 4,000 | 40% of 10,000 |
Ergo (Munich Re)EXPLICIT | 1,000 | 1,000 | n/a |
GeminiMIXED | 200 | 200 | 25% of 800 |
CitigroupEXPLICIT | 20,000 | 20,000 | 10% of 200,000 |
BlackRockMIXED | 250 | 750 | 1% of 25,000 |
Allianz PartnersREPORTED | 1,800 | 1,800 | 8% of 22,600 |
AcrisureEXPLICIT | 400 | 400 | n/a |
Allianz UKMIXED | 650 | 650 | n/a |
BlackRockMIXED | 300 | 500 | 1% of 30,000 |
DBSEXPLICIT | 4,000 | 4,000 | 9.8% of 41,000 |
BlackRockMIXED | 200 | 200 | 1% of 20,000 |
Glossary
EXPLICIT — The company itself has named AI, automation or machine learning as a factor behind the cuts, whether in a formal announcement, a regulatory filing, an earnings call, or on-the-record remarks from leadership.
REPORTED — One or more reputable outlets (wire services, major business titles, or established trade press) have attributed the layoffs principally to AI based on their own reporting, internal sources, or pattern analysis, even where the company has not confirmed the link publicly.
MIXED — AI sits alongside other substantive drivers such as restructuring, weaker market conditions, or broader cost discipline. The reduction is influenced by AI but cannot be attributed to it alone.
Jobs lost — The number of roles cut in the announced action. When companies disclose a range, we record the midpoint. Values shown with a tilde (~) are estimates derived from reporting rather than confirmed figures.
Running total — The cumulative number of jobs cut at a given company across every entry we have tracked for that firm.
Workforce % — The running total expressed as a share of the company’s most recent publicly reported headcount. Entries marked “n/a” mean either the headcount figure is unavailable or the calculation does not apply.
Update log
- Jul 6, 2026 — Added BitGo (85 jobs). Source: The Block ↗
- Jun 23, 2026 — Added Pleo (50 jobs). Source: Sifted ↗
- May 26, 2026 — Added Citigroup (20,000 jobs). Source: Fortune ↗
- May 26, 2026 — Added Ergo (Munich Re) (1,000 jobs). Source: Bloomberg ↗
- May 26, 2026 — Added Kraken (150 jobs). Source: Bloomberg ↗
- May 26, 2026 — Added BlackRock (300 jobs). Source: Bloomberg ↗
- May 26, 2026 — Added BlackRock (200 jobs). Source: InvestmentNews ↗
- May 26, 2026 — Added Allianz UK (650 jobs). Source: Insurance Business ↗
- May 26, 2026 — Added Acrisure (400 jobs). Source: Insurance Journal ↗
- May 26, 2026 — Added DBS (4,000 jobs). Source: Fintech News Singapore ↗
Cite this data:
Fintech News Network, AI Job Loss Tracker, accessed Jul 12, 2026.