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EXPLICITAI LAYOFF
ING: 950 jobs cut
October 28, 2025NLBankingING
ING announced approximately 950 jobs at risk through December 2026, explicitly citing digitalization, centralization, and efficiency through the use of AI. The bank will prioritize retraining and internal transfers before layoffs. This is part of a broader pattern in Banking where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.
Conservative
950
Core Estimate
950
Upper Bound
950
Sources
PrimaryNL TimesOctober 28, 2025
ING may cut 950 jobs in Netherlands as AI replaces some roles
ING announced approximately 950 jobs at risk through December 2026, explicitly citing digitalization, centralization, and efficiency through the use of AI. The bank will prioritize retraining and internal transfers before layoffs.