Talent RiskWho is cutting jobs, who shows the signs, and why

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ING

Watch▲ from calmINGAUpdated 31 October 2026
What’s happening
One major outlet reports cuts — not yet confirmed. Most recently, on 29 October 2026: ING announced job cuts following quarterly profit that missed estimates.
How big
No figure confirmed by two reports or the company (≈60,000 staff).
Is it normal for ING?
Within its usual range. <0.1% of its workforce in 90 days; not out of line with its previous nine months.
Where
Headquartered in Netherlands. Reports don’t always say which countries or teams are affected; the sources below do when they know.

1 week on WatchEurope market

—Job cuts announced · 6 months
1Things reported · 90 days
1Major outlets reporting
29 OctLast cut reported
0Times AI cited

Versus its own normal

Within its usual range

<0.1% of its workforce in 90 days; not out of line with its previous nine months. Workforce ≈ 60,000.

—9–12 months ago
—6–9 months ago
—3–6 months ago
—Last 3 months
Last 26 weeks · 9 May → now

What has been reported — the last 90 days

  1. 29 October 2026 · Cuts announced

    ING announced job cuts following quarterly profit that missed estimates.

    Tier 2 · Major outletBloomberg

    Also reported by NL Times

    Every report (2)
    • 29 October 2026 · Tier 2 Bloomberg — ING announced job cuts following quarterly profit that missed estimates.
    • 29 October 2026 · Tier 3 NL Times — ING planning to cut hundreds of jobs despite €1.9 billion profit in the last quarter.

Banks & insurance: the others

Right of reply

Every fact above comes from ING’s own statements or from named reporting, so no comment was sought before publication. ING can correct the record at any time; anything approved is published here in full.

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