Global Mass Layoffs in the Banking Industry

Finance

Lite

09/10/2019 16:00 WIB

URL has been copied

Memuat...

Global banks are experiencing a weakening financial industry. Waves of job cuts are occurring to improve efficiency.

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Global Mass Layoffs in the Banking Industry

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Number of Workforce Terminations

Download

Source

A Small Font
A Medium Font
A Bigger Font

The uncertainty of the political climate, such as the US-China trade war and Brexit, has impacted the banking industry. Global banks are experiencing a weakening financial sector, including European banks, resulting in job cuts.

European banks are implementing layoffs as a cost-cutting efficiency measure. Beyond Europe, other regions are also affected, including Asia-Pacific, the Middle East and Africa, and North America. In total, nearly 60,000 bank employees are at risk of redundancy.

Europe, as the most affected region, anticipates a wave of layoffs totaling 52,424 people. North America follows with 2,769 job cuts, and the Middle East and Africa with 2,487. While less severely impacted, Asia-Pacific is also experiencing a reduction in its workforce of 513 employees.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

83% of Indonesians are Pessimistic about Job Opportunities in 2026

Layoff Trend in Indonesia Decreased in Early Q4 2025

Indonesia's Number of Layoffs from January to October 2025 Exceeded Last Year's

70 Thousand Employees Laid Off Until October 2025, Most in Java

Superbank's Assets Grew Rapidly Before IPO

Indonesian Society Begins to Be Optimistic about Job Opportunities in October 2025

Latest Data Stories

Today's Weather in Aceh Singkil: Humidity 68-94% Demographics 06/12/2025, 22:36 WIB

Light rain expected in South Tapanuli today. Demographics 06/12/2025, 21:39 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 06/12/2025, 20:20 WIB

South Sumatra Most Polluted in Indonesia Tonight (6/12) Consumer Services & Health 06/12/2025, 19:48 WIB

Which Province Has the Highest Average Monthly Per Capita Expenditure? Market 06/12/2025, 19:30 WIB

Corn Productivity Based on the KSA Area Sample Framework, 2020-2024 Agroindustry 06/12/2025, 18:41 WIB

Download

Source

Global Mass Layoffs in the Banking Industry

Global Mass Layoffs in the Banking Industry

Tags

Related Data

83% of Indonesians are Pessimistic about Job Opportunities in 2026

Layoff Trend in Indonesia Decreased in Early Q4 2025

Indonesia's Number of Layoffs from January to October 2025 Exceeded Last Year's

70 Thousand Employees Laid Off Until October 2025, Most in Java

Superbank's Assets Grew Rapidly Before IPO

Indonesian Society Begins to Be Optimistic about Job Opportunities in October 2025

Latest Data Stories

Popular Data

Global Mass Layoffs in the Banking Industry

Global Mass Layoffs in the Banking Industry

Tags

Related Data

83% of Indonesians are Pessimistic about Job Opportunities in 2026

Layoff Trend in Indonesia Decreased in Early Q4 2025

Indonesia's Number of Layoffs from January to October 2025 Exceeded Last Year's

70 Thousand Employees Laid Off Until October 2025, Most in Java

Superbank's Assets Grew Rapidly Before IPO

Indonesian Society Begins to Be Optimistic about Job Opportunities in October 2025

Latest Data Stories

Trending Topics

Popular Data