Layoffs by sector
29 employers among banks, insurers, lenders and investment firms announced 40 layoffs, closures or return-to-office mandates in 2026 so far, affecting at least 34,867 jobs where a source gives a number. That is 10% of all jobs affected in announcements we tracked this year. Most recent: Centene Management Company LLC, Nov 13, 2026, cuts 69 jobs.
Updated
LayoffHonolulu, HI, United States
Centene Management Company LLC is laying off 69 employees in Hawaii starting Jan. 4 as it exits the Medicaid market. The cuts affect offices in Honolulu, Kapolei, and other Hawaii locations.
Our coverage: Centene Layoffs Will Terminate 69 Employees in Hawaii
34,867
Finance and Banking jobs affected in 2026, from announcements that state a number10% of all jobs affected in 2026 announcements we tracked
Summed over the 27 of 40 announcements that state a number. Sector comes from each employer's industry code (NAICS).
Past 12 months, newest first
Centene Management Company LLC is laying off 69 employees in Hawaii starting Jan. 4 as it exits the Medicaid market. The cuts affect offices in Honolulu, Kapolei, and other Hawaii locations.
Centene Layoffs Will Terminate 69 Employees in HawaiiSource: staradvertiser.com (opens in new tab)
Finance
Honolulu, HI, United States
69 jobs
RBC cut 7 climate-related finance and sustainability positions in a restructuring. The work is being split between finance and a new public policy unit led from Washington, D.C.
Finance
Washington, DC, US
—
Polymarket confirmed layoffs and contractor cuts on 2026-11-11 as part of a company-wide restructuring. The company said some full-time employees were let go.
Finance
New York, NY, US
—
Block notified workers on 2026-11-04 of another layoff round affecting Cash App and Square teams. The exact number of jobs cut was not disclosed.
Finance
US
—
Circle disclosed a roughly 5% workforce reduction in its third-quarter earnings release on November 4. The cuts were tied to restructuring costs and were meant to better align its organizational structure.
Finance
US
—
Cigna told employees in a Nov. 2 letter that it plans more job cuts, leaving fewer managers and employees as it rethinks team structures, where work takes place and the roles it needs. The letter gave no number. Implementation begins in early 2027.
Finance
—
—
JPMorgan Chase filed a New Jersey WARN notice for 91 layoffs at its Jersey City office between Oct. 30, 2026 and Jan. 24, 2027. The bank called it part of its regular management of the business.
WARN notice (opens in new tab)Source: nj.com (opens in new tab)
Finance
Jersey City, NJ, US
91 jobs
Centene's employee count fell by almost 6,000 in the third quarter of 2026. A spokesperson said the drop included involuntary actions and participation in its voluntary separation program, without saying how many people were laid off.
Finance
—
—
UBS said it still expects around 3,000 layoffs in Switzerland from the Credit Suisse integration over several years.
Up to 12,000 UBS Jobs in Switzerland Could Be Lost if the Bank Relocates, Staff Union WarnsSource: live.euronext.com (opens in new tab)
Finance
Switzerland
3,000 jobs
Barclays said it expects to cut about 5,000 jobs by the end of 2026, about 5% of staff. Around 1,000 roles were already cut in the first half of 2026.
About 5,000 Barclays Workers to Go by End of 2026, 1,000 Already Gone, as CEO Credits Years of Tech InvestmentSource: investegate.co.uk (opens in new tab)
Finance
—
5,000 jobs
National Australia Bank said it will cut up to 2,500 roles in FY27, including up to 1,500 by the end of 2026. The bank said the changes target corporate functions and senior management, with some roles offshored to Vietnam and India.
NAB Staff Face Up to 2,500 Role Cuts in FY27, About 6% of the WorkforceSource: cdn-api.markitdigital.com (opens in new tab)
Finance
Australia
2,500 jobs
DNB said it will cut about 400 full-time equivalents in Technology & Services as it adopts AI agents and restructures the unit. The cuts are expected to be completed in Q4 2026, with impacts mainly in Oslo, Bergen and Riga.
DNB Technology Staff Face a Cut of About 400 Full-Time Equivalents as the Bank Leans on AI AgentsSource: ir.dnb.no (opens in new tab)
Finance
Oslo, Norway
400 jobs
Legal & General told staff it expects to cut around 1,000 roles, about 10% of its workforce, by mid-2027. It will start with voluntary redundancy for UK staff, and asset management is excluded.
Legal & General Staff Face About 1,000 Job Cuts by Mid-2027, Starting With Voluntary ExitsSource: cityam.com (opens in new tab)
Finance
United Kingdom
1,000 jobs
WARN filing: 234 workers in Auburn Hills, Michigan, effective Sep 11, 2026.
Finance
Auburn Hills, MI, United States
234 jobs
IG Group is preparing to cut hundreds of roles as it merges three consumer divisions into IG Consumer, with redundancy consultations started in the UK and ten other countries expected to follow in September.
IG Group Plans Hundreds of Job Cuts Across a 2,300 Person Workforce in 11 CountriesSource: globalbankingandfinance.com (opens in new tab)
Finance
United Kingdom
—
Neo Financial laid off about a tenth of its staff to simplify operations and focus on fewer products, offering severance, extended benefits and a waived equity cliff.
Neo Financial Cuts 102 Jobs in a Push to Run Simpler and FasterSource: ctvnews.ca (opens in new tab)
Finance
—
102 jobs
WARN filing: 251 workers in San Jose, California, filed Aug 31, 2026.
Finance
San Jose, CA, United States
251 jobs
JPMorgan Chase filed a New Jersey WARN notice for 63 layoffs at its Jersey City office, set to occur between Aug. 19 and Nov. 15, 2026.
WARN notice (opens in new tab)Source: nj.com (opens in new tab)
Finance
Jersey City, NJ, US
63 jobs
Capital One filed a supplemental Illinois WARN notice to lay off at least 431 more workers at its Riverwoods site, from Oct. 6 to about Nov. 5, 2026.
WARN notice (opens in new tab)Source: illinoisworknet.com (opens in new tab)
Finance
Riverwoods, IL, US
431 jobs
Visa is laying off about 2,600 workers, mainly in product and technology teams, per a CEO memo; savings are directed to money-movement, consumer payments and value-added services.
Visa Cut 2,600 Jobs and the Layoff Memo Left Out What Workers Needed to HearSource: cnbc.com (opens in new tab)
WARN filing: 320 workers, California, filed Jul 31Official notice (opens in new tab)
Finance
—
2,600 jobs
Barclays told UK staff in July 2026 that most must work in the office at least three days a week from October, up from two, with managing directors at four days. Unite said thousands of staff signed a letter opposing the change, and the bank later let some staff delay until 2027.
A 40 Minute Commute Is the Line Barclays Workers Are Drawing on Office DaysSource: peoplematters.in (opens in new tab)
Finance
United Kingdom
—
WARN filing: 115 workers in Frisco, Texas, filed Jul 10, 2026.
Finance
Frisco, TX, United States
115 jobs
Elastic is cutting about 7% of its workforce, with CEO Ash Kulkarni citing AI and automation. An SEC filing expects $22-25 million in charges, mostly severance; the company did not give a job count.
Elastic Cuts 7% of Its Workforce and Blames AI for Leaner TeamsSource: theregister.com (opens in new tab)
Finance
US
—
JPMorgan Chase notified Texas on June 23, 2026 that it will close a fraud-focused call center at its Plano campus and lay off 244 employees starting Aug. 21, saying it is consolidating a small operations team into larger existing operations sites.
Chase Closes Another Wave of Branches in 2026 and Bank Jobs Feel ItSource: communityimpact.com (opens in new tab)
WARN filing: 244 workers, Texas, filed Jun 23Official notice (opens in new tab)
Finance
Plano, TX, US
244 jobs
WARN filing: 103 workers in Weehawken, New Jersey, effective Jun 22, 2026.
Finance
Weehawken, NJ, United States
103 jobs
Robinhood is cutting about 10 percent of its full-time workforce, roughly 290 employees, to flatten its management structure. It expects about 28 million dollars in restructuring charges in Q2 2026.
Robinhood Trims 290 Roles as Fintech Flattens Its Org Chart in 2026Source: sec.gov (opens in new tab)
Finance
—
290 jobs
Centene is offering voluntary buyouts to most of its workforce to cut costs after a drop in enrollment. Involuntary layoffs may follow if voluntary exits fall short.
Centene Opens Companywide Buyouts in 2026, What Health-Insurance Workers Should Do NowSource: healthcaredive.com (opens in new tab)
Finance
—
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Paytm plans to cut around 400 roles, near 1 percent of staff, after its next performance review while hiring about 4,000 people in product, technology, and AI teams, per Bloomberg.
Paytm Is Hiring 4000 People and Cutting 400 in Its Fintech AI BetSource: peoplematters.in (opens in new tab)
Finance
—
400 jobs
Capital One filed a supplemental Illinois WARN notice to lay off at least 276 more workers from its Riverwoods site, from Aug. 6 to about Sept. 4, 2026, in cuts tied to its Discover acquisition.
WARN notice (opens in new tab)Source: chicagobusiness.com (opens in new tab)
Finance
Riverwoods, IL, US
276 jobs
Intuit confirmed in a memo from CEO Sasan Goodarzi that it will lay off about 3,000 employees, about 17% of its workforce, and wind down its Reno and Woodland Hills offices. The memo said the cuts are meant to reduce complexity and simplify the company's structure.
Intuit Lays Off 3,000 Workers in 2026 as AI Speeds Up Job CutsSource: bnnbloomberg.ca (opens in new tab)
Finance
Reno, NV, United States
3,000 jobs
Showing the newest 30 of 47. Latest announcement Nov 13, 2026. Rows include state WARN filings we could match to an employer in this sector. How we count
Filter finance and banking layoffs on the trackerPast 12 months; full reports linked where available
Companies ranked by jobs reported affected in 2026
Announcements in the past 12 months
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