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Growth 1Transformation 25Decline 15
Key figures
+200new jobs announcedfrom 1 report · since Jun 2026
6,983affected by layoffs and closuresfrom 13 reports · since Nov 2025
Largest job cuts
- Allianz Partners to cut up to 1,800 call-centre jobs to AI1,200 Affected staff ·
- Ergo to cut around 1,000 jobs by the end of 20301,000 Affected staff ·
- Legal & General to cut around 1,000 jobs in London by mid-20271,000 Affected staff ·
Countries
| Country | Entries | Affected staff |
|---|---|---|
| 🇩🇪 Germany | 10 | 3,350 |
| 🇬🇧 United Kingdom | 8 | 1,800 |
| 🇸🇪 Sweden | 7 | 400 |
| 🇨🇭 Switzerland | 5 | 660 |
| 🇫🇮 Finland | 5 | 554 |
Follow-up
Followed up: 4 of 4 announcements older than six months.
Relocated abroad, to: 🇸🇰 Slovakia, 🇻🇳 Vietnam.
All outcomes and relocations →
Open cases
- OP Pohjola to cut up to 554 jobs in FinlandNext milestone: 2 Nov 2026
- PPI bids SEK 69 a share for Preservium PropertyNext milestone: 6 Nov 2026
- DWS to acquire real estate manager Peakside Capital AdvisorsNext milestone: 31 Dec 2026
- Public Property Invest to buy SBB social-property portfolio for SEK1.35bnNext milestone: 31 Dec 2026
- Searchlight and Fitzroy to acquire Kredinor
Sums of the reports recorded in the tracker since recording began, not a complete picture of the labour market.
2026
- Report: Michal Strnad offers €30bn for Del Vecchio holding Delfin · Mergers · 🇨🇿 Czech Republic / Italy
- Alm. Brand cuts 55 jobs despite record profit · Layoffs · 🇩🇰 Denmark
- Generali Deutschland to cut 800 jobs and give up three sites · Layoffs · 🇩🇪 Germany
- Länsförsäkringar to cut 400 jobs in Sweden · Layoffs · 🇸🇪 Sweden
- Tessin Nordic files for bankruptcy in Stockholm · Closures · 🇸🇪 Sweden
- CapMan and AP Pension buy Hotel Scandic Webers in Copenhagen · Mergers · 🇩🇰 Denmark / Finland
- Searchlight and Fitzroy to acquire Kredinor · Mergers · 🇳🇴 Norway
- DWS to acquire real estate manager Peakside Capital Advisors · Mergers · 🇩🇪 Germany / Switzerland
- OP Pohjola to cut up to 554 jobs in Finland · Layoffs · 🇫🇮 Finland
- PPI bids SEK 69 a share for Preservium Property · Mergers · 🇸🇪 Sweden
- PPI plans bids for Origa Care and One Publicus · Mergers · 🇸🇪 Sweden / Finland
- Temasek takes 9% stake in Milan-based investor FSI · Mergers · 🇮🇹 Italy / Singapore
- Legal & General to cut around 1,000 jobs in London by mid-2027 · Layoffs · 🇬🇧 United Kingdom
- Public Property Invest to buy SBB social-property portfolio for SEK1.35bn · Mergers · 🇸🇪 Sweden / Finland / Norway
- Report: CNP Assurances explores takeover of insurer Coface · Mergers · 🇫🇷 France
- Vienna Stock Exchange takes majority stake in North Data · Mergers · 🇦🇹 Austria / Germany
- Bitcoin Suisse to cut up to 60 jobs in Zug and close Copenhagen site · Layoffs · 🇨🇭 Switzerland
- LondonMetric and Schroder REIT complete Picton Property takeover · Mergers · 🇬🇧 United Kingdom / Guernsey
- Swiss Life to cut around 600 jobs by the end of 2028 · Layoffs · 🇨🇭 Switzerland
- PayPal to cut 164 jobs in Ireland · Layoffs · 🇮🇪 Ireland
- Munich Re to acquire cyber insurer At-Bay for $575m · Mergers · 🇩🇪 Germany / USA
- Mandatum buys 78.4% of Swedish asset manager Cliens · Mergers · 🇫🇮 Finland / Sweden
- Arval completes acquisition of fleet manager Athlon · Mergers · 🇫🇷 France / Netherlands
- CARAC acquires majority stake in wealth manager Cedrus & Partners · Mergers · 🇫🇷 France
- Cover Genius acquires Berlin insurtech Friendsurance · Mergers · 🇩🇪 Germany / USA
- Howden to acquire wealth adviser Thomond in Limerick · Mergers · 🇮🇪 Ireland / United Kingdom
- Report: Stripe and Advent offer $60.50 a share for PayPal · Mergers · 🇺🇸 USA / Ireland
- KPMG UK cuts 200 jobs in group corporate services · Layoffs · 🇬🇧 United Kingdom
- Wihlborgs to buy Castellum's southern Sweden property portfolio for SEK 13.3bn · Mergers · 🇸🇪 Sweden
- Revolut to invest another €100m in Paris hub, adding 200 jobs · Expansions · 🇫🇷 France
- Centerbridge invests in Santander's payments firm Ebury · Mergers · 🇬🇧 United Kingdom / Spain
- UniCredit to cut 300 to 400 jobs in Germany by 2027 · Layoffs · 🇩🇪 Germany
- Close Brothers to cut 600 jobs in the UK and Ireland · Layoffs · 🇬🇧 United Kingdom
- Ergo to cut around 1,000 jobs by the end of 2030 · Layoffs · 🇩🇪 Germany
- Nuveen to acquire asset manager Schroders for £9.9bn · Mergers · 🇬🇧 United Kingdom / USA
- Deutsche Bank and Postbank to close around 100 branches · Closures · 🇩🇪 Germany
- Deutsche Börse to buy fund platform Allfunds for €5.3bn · Mergers · 🇩🇪 Germany / Spain
- Zurich to acquire specialty insurer Beazley for £8.1bn · Mergers · 🇨🇭 Switzerland / United Kingdom
2025
- Allianz Partners to cut up to 1,800 call-centre jobs to AI · Layoffs · 🇩🇪 Germany / International
- Raiffeisenbanks Uzwil and Niederhelfenschwil back merger · Mergers · 🇨🇭 Switzerland
- Eurobank to buy Eurolife life insurer from Fairfax for €813m · Mergers · 🇬🇷 Greece