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Finance Layoffs

Real-time layoff tracker for the finance industry.

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PayPalCriticalfinance

2,500 jobs cut

San Jose, CA

PayPal cut approximately 9% of its global workforce as new CEO Alex Chriss moved to refocus the company on core checkout experiences and profitability.

2 years ago
CitigroupCriticalfinance

20,000 jobs cut

New York, NY

Under CEO Jane Fraser's "Transformation" strategy, Citigroup announced plans to shed 20,000 positions over two years to simplify its sprawling global structure.

2 years ago
Morgan StanleyCriticalfinance

3,000 jobs cut

New York, NY

Morgan Stanley trimmed headcount across trading desks and back-office operations following a deal slowdown, its second significant reduction in 12 months.

2 years ago
Goldman SachsCriticalfinance

3,200 jobs cut

New York, NY

Goldman Sachs conducted its deepest round of cuts in years, rolling back its Marcus consumer banking experiment and thinning investment banking ranks amid a deals drought.

3 years ago
StripeMajorfinance

1,100 jobs cut

San Francisco, CA

Stripe reduced its workforce by 14%, with co-founders admitting they had "made too many bets" and hired too quickly during the fintech boom years.

3 years ago