Industry

Banking & finance

Our records show 18 verified layoffs in banking & finance between January 7, 2026 and October 5, 2026, covering at least 4,395 jobs.

What this covers: Banks, lenders, fintech, asset managers and insurers. (NAICS 52)

Largest cuts in our records: Fidelity Investments (800), PNC Financial Services / FirstBank (777), Fifth Third Bank (502), Regional Acceptance (276), PayPal (251), JPMorgan Chase (244).

Jobs cut in banking & finance by month Jan Feb Mar Apr 1,302 May Jun Jul Aug Sep Oct
Jobs cut in banking & finance by month. Totals use the lowest figure reported; announcements that gave only a percentage or no number are not counted.

October 2026

  1. Prudential to lay off 125 workers in New Jersey

    Newark, New Jersey · 125 jobs

September 2026

  3. The Bancorp cuts 64 jobs

    Nationwide · 64 jobs

  4. New American Funding cuts 160 jobs

    Nationwide · 160 jobs

August 2026

  2. Fannie Mae cuts at least 10 jobs

    Nationwide · At least 10 jobs

July 2026

  1. Chime to cut nearly 150 jobs

    Nationwide · About 150 jobs

June 2026

  2. OneMain Financial cuts about 78 jobs in Mendota Heights, Minnesota

    Mendota Heights, Minnesota · About 78 jobs

May 2026

  2. Fidelity Investments cuts about 800 jobs

    Nationwide · About 800 jobs

April 2026

January 2026