AI Impact Index28 / 100
AI job losses in Finance
Based on each industry's share of verified job losses and how often companies named AI directly. How the Impact Index works →
Banking, accounting and fintech, where reconciliation and back-office processing are being automated.
Cumulative jobs cut · Finance
Top companies
Tracked events
| Date | Company | Attribution | Jobs cut |
|---|---|---|---|
| Jul 28, 2026 | Visa | Mixed | 2,600 |
| May 8, 2026 | Commerzbank | Explicit | 3,000 |
| May 5, 2026 | Coinbase | Explicit | 700 |
| Feb 26, 2026 | Block | Explicit | 4,000 |
| Nov 25, 2025 | ABN AMRO | Mixed | 5,200 |
| Oct 28, 2025 | ING | Mixed | 950 |
| Jul 29, 2025 | Commonwealth Bank of Australia | ExplicitWalk-back | 45 |
| May 14, 2025 | Klarna | ExplicitWalk-back | 2,000 |
Roles in this industry
- Data entry clerksCut Risk 88One of the most exposed occupations: high-volume keying and transcription are the exact tasks AI removes first.
- BookkeepersCut Risk 82Reconciliation, categorisation and ledger upkeep are largely automatable, concentrating exposure in bookkeeping roles.
- AccountantsCut Risk 78Routine ledger, bookkeeping and reconciliation work is being automated first, while audit, advisory and sign-off work stays resilient. Cutby.AI tracks losses concentrated in high-volume processing roles.
- Financial analystsCut Risk 50Model building and reporting are accelerated by AI, but judgement, forecasting context and stakeholder work remain human.
The Weekly Cut
Every Monday: who was cut by AI, who walked it back, and what it means. 5-minute read.