# Talent Risk

> A free, independent public rating of job-cut risk at the largest employers in the UK, the US and Europe. Each employer is rated Warning (cutting jobs: the company or two major outlets confirm it), Watch (signs of cuts: reported, planned or hinted at) or Quiet (no qualifying public signal in 90 days — not a guarantee jobs are safe), by a published rule applied to the company's own statements, filings and named reporting. Every fact links to its source. Talent Risk takes no money from the employers it rates.

Updated: 2026-10-31T15:48:31.996Z
Employers watched: 84. Warning: 14. Watch: 18. Quiet: 52.
Job cuts announced in the last 90 days (counted once per announcement, confirmed by two reports or the company): 25,256.
Employers citing AI as part of the reason: 7.

## How to cite
Cite the employer's page, e.g. "Talent Risk, Barclays — https://talentrisk.com/companies/barclays", and the date above. Ratings change as the record changes; the page shows the evidence and the line of the rule that produced the rating.

## Key pages
- [The Index](https://talentrisk.com/): every employer, what changed, who is cutting
- [Methodology](https://talentrisk.com/methodology): the full rule, source tiers, how figures are counted
- [Facing redundancy?](https://talentrisk.com/playbook): UK statutory redundancy pay calculator, what a fair offer covers, when to get a solicitor
- [Data (JSON)](https://talentrisk.com/data/index.json) and [CSV](https://talentrisk.com/data/index.csv)

## Every employer, current rating
- [American Express](https://talentrisk.com/companies/american-express) (AXP, Payments & fintech, US): Warning (cutting jobs); 3 major news outlets report cuts; 3,500 jobs; 4.7% of workforce in 90 days; Out of the ordinary; company cites AI.
- [Barclays](https://talentrisk.com/companies/barclays) (BARC, Banks & insurance, UK): Warning (cutting jobs); 9 major news outlets report cuts; 5,000 jobs; 5.6% of workforce in 90 days; Out of the ordinary; company cites AI.
- [Diageo](https://talentrisk.com/companies/diageo) (DGE, Consumer & retail, UK): Warning (cutting jobs); 3 major news outlets report cuts; 2,000 jobs; 6.7% of workforce in 90 days; Out of the ordinary.
- [Disney](https://talentrisk.com/companies/disney) (DIS, Telecoms & media, US): Warning (cutting jobs); 3 major news outlets report cuts; 100 jobs; 0.2% of workforce in 90 days; Business as usual.
- [eBay](https://talentrisk.com/companies/ebay) (EBAY, Technology, US): Warning (cutting jobs); 3 major news outlets report cuts; 1,100 jobs; 9.2% of workforce in 90 days; Out of the ordinary.
- [HSBC](https://talentrisk.com/companies/hsbc) (HSBA, Banks & insurance, UK): Warning (cutting jobs); 5 major news outlets report cuts; company cites AI.
- [Jaguar Land Rover](https://talentrisk.com/companies/jaguar-land-rover) (JLR, Automotive & aerospace, UK): Warning (cutting jobs); 9 major news outlets report cuts; 4,000 jobs; 10.3% of workforce in 90 days; Out of the ordinary.
- [Legal & General](https://talentrisk.com/companies/legal-and-general) (LGEN, Banks & insurance, UK): Warning (cutting jobs); 4 major news outlets report cuts; 1,000 jobs; 9.1% of workforce in 90 days; Out of the ordinary.
- [Microsoft](https://talentrisk.com/companies/microsoft) (MSFT, Technology, US): Warning (cutting jobs); 9 major news outlets report cuts; 60,000 offered buyouts; 0.1% of workforce in 90 days; company cites AI.
- [Netflix](https://talentrisk.com/companies/netflix) (NFLX, Technology, US): Warning (cutting jobs); 5 major news outlets report cuts; 7.1% of workforce in 90 days; Out of the ordinary.
- [Oracle](https://talentrisk.com/companies/oracle) (ORCL, Technology, US): Warning (cutting jobs); 3 major news outlets report cuts; company cites AI.
- [Royal Mail](https://talentrisk.com/companies/royal-mail) (RMAIL, Industrials & logistics, UK): Warning (cutting jobs); 5 major news outlets report cuts; 2,500 jobs; 1.9% of workforce in 90 days; Out of the ordinary.
- [Salesforce](https://talentrisk.com/companies/salesforce) (CRM, Technology, US): Warning (cutting jobs); 2 major news outlets report cuts; 59 jobs; 0.1% of workforce in 90 days.
- [WPP](https://talentrisk.com/companies/wpp) (WPP, Telecoms & media, UK): Warning (cutting jobs); 2 major news outlets report cuts; 1,000 jobs; 0.9% of workforce in 90 days; Out of the ordinary; company cites AI.
- [Amazon](https://talentrisk.com/companies/amazon) (AMZN, Technology, US): Watch (signs of cuts); One major outlet reports cuts — not yet confirmed; 250 jobs; 0.1% of workforce in 90 days; Business as usual.
- [Apple](https://talentrisk.com/companies/apple) (AAPL, Technology, US): Watch (signs of cuts); Trade press reports cuts — no major outlet yet; 0.1% of workforce in 90 days.
- [Bosch](https://talentrisk.com/companies/bosch) (BOSCH, Industrials & logistics, Europe): Watch (signs of cuts); Reported to be weighing cuts.
- [Citigroup](https://talentrisk.com/companies/citi) (C, Banks & insurance, US): Watch (signs of cuts); Reported to be weighing cuts.
- [Coinbase](https://talentrisk.com/companies/coinbase) (COIN, Payments & fintech, US): Watch (signs of cuts); Reported to be weighing cuts.
- [Deloitte](https://talentrisk.com/companies/deloitte) (DTT, Professional services, UK): Watch (signs of cuts); One major outlet reports cuts — not yet confirmed.
- [EY](https://talentrisk.com/companies/ey) (EY, Professional services, UK): Watch (signs of cuts); One major outlet reports cuts — not yet confirmed.
- [General Motors](https://talentrisk.com/companies/general-motors) (GM, Automotive & aerospace, US): Watch (signs of cuts); Reported to be weighing cuts.
- [Goldman Sachs](https://talentrisk.com/companies/goldman-sachs) (GS, Banks & insurance, US): Watch (signs of cuts); Bosses have signalled cuts, or hiring has frozen.
- [Google](https://talentrisk.com/companies/alphabet) (GOOGL, Technology, US): Watch (signs of cuts); One major outlet reports cuts — not yet confirmed.
- [GSK](https://talentrisk.com/companies/gsk) (GSK, Pharma & healthcare, UK): Watch (signs of cuts); One major outlet reports cuts — not yet confirmed; 1,217 jobs; 2.7% of workforce in 90 days; Out of the ordinary.
- [ING](https://talentrisk.com/companies/ing) (INGA, Banks & insurance, Europe): Watch (signs of cuts); One major outlet reports cuts — not yet confirmed.
- [Intel](https://talentrisk.com/companies/intel) (INTC, Technology, US): Watch (signs of cuts); Reported to be weighing cuts.
- [Intuit](https://talentrisk.com/companies/intuit) (INTU, Payments & fintech, US): Watch (signs of cuts); Bosses have signalled cuts, or hiring has frozen.
- [JPMorgan Chase](https://talentrisk.com/companies/jpmorgan-chase) (JPM, Banks & insurance, US): Watch (signs of cuts); Trade press reports cuts — no major outlet yet.
- [KPMG](https://talentrisk.com/companies/kpmg) (KPMG, Professional services, UK): Watch (signs of cuts); Trade press reports cuts — no major outlet yet.
- [Lloyds Banking Group](https://talentrisk.com/companies/lloyds-banking-group) (LLOY, Banks & insurance, UK): Watch (signs of cuts); Bosses have signalled cuts, or hiring has frozen.
- [Meta](https://talentrisk.com/companies/meta) (META, Technology, US): Watch (signs of cuts); Bosses have signalled cuts, or hiring has frozen; company cites AI.
- [Accenture](https://talentrisk.com/companies/accenture) (ACN, Professional services, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Airbus](https://talentrisk.com/companies/airbus) (AIR, Automotive & aerospace, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Allianz](https://talentrisk.com/companies/allianz) (ALV, Banks & insurance, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [AstraZeneca](https://talentrisk.com/companies/astrazeneca) (AZN, Pharma & healthcare, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Aviva](https://talentrisk.com/companies/aviva) (AV, Banks & insurance, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [BAE Systems](https://talentrisk.com/companies/bae-systems) (BAE, Automotive & aerospace, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Bank of America](https://talentrisk.com/companies/bank-of-america) (BAC, Banks & insurance, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Bayer](https://talentrisk.com/companies/bayer) (BAYN, Pharma & healthcare, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [BNP Paribas](https://talentrisk.com/companies/bnp-paribas) (BNP, Banks & insurance, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Boeing](https://talentrisk.com/companies/boeing) (BA, Automotive & aerospace, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [BP](https://talentrisk.com/companies/bp) (BP, Energy, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days; 700 jobs.
- [BT Group](https://talentrisk.com/companies/bt-group) (BT.A, Telecoms & media, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Burberry](https://talentrisk.com/companies/burberry) (BRBY, Consumer & retail, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Capita](https://talentrisk.com/companies/capita) (CPI, Professional services, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Cisco](https://talentrisk.com/companies/cisco) (CSCO, Technology, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Cloudflare](https://talentrisk.com/companies/cloudflare) (NET, Technology, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Commerzbank](https://talentrisk.com/companies/commerzbank) (CBK, Banks & insurance, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days; 3,000 jobs.
- [Dell](https://talentrisk.com/companies/dell) (DELL, Technology, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Deutsche Bank](https://talentrisk.com/companies/deutsche-bank) (DBK, Banks & insurance, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Ericsson](https://talentrisk.com/companies/ericsson) (ERIC, Telecoms & media, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days; 1,600 jobs.
- [FedEx](https://talentrisk.com/companies/fedex) (FDX, Industrials & logistics, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Ford](https://talentrisk.com/companies/ford) (F, Automotive & aerospace, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [IBM](https://talentrisk.com/companies/ibm) (IBM, Technology, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Lufthansa](https://talentrisk.com/companies/lufthansa) (LHA, Industrials & logistics, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Mercedes-Benz](https://talentrisk.com/companies/mercedes-benz) (MBG, Automotive & aerospace, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Morgan Stanley](https://talentrisk.com/companies/morgan-stanley) (MS, Banks & insurance, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [NatWest Group](https://talentrisk.com/companies/natwest-group) (NWG, Banks & insurance, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Nestlé](https://talentrisk.com/companies/nestle) (NESN, Consumer & retail, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Nokia](https://talentrisk.com/companies/nokia) (NOKIA, Telecoms & media, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Novartis](https://talentrisk.com/companies/novartis) (NOVN, Pharma & healthcare, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Philips](https://talentrisk.com/companies/philips) (PHIA, Pharma & healthcare, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Procter & Gamble](https://talentrisk.com/companies/procter-and-gamble) (PG, Consumer & retail, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [PwC](https://talentrisk.com/companies/pwc) (PWC, Professional services, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Rolls-Royce](https://talentrisk.com/companies/rolls-royce) (RR, Automotive & aerospace, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Sainsbury's](https://talentrisk.com/companies/sainsburys) (SBRY, Consumer & retail, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Santander UK](https://talentrisk.com/companies/santander-uk) (SANUK, Banks & insurance, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [SAP](https://talentrisk.com/companies/sap) (SAP, Technology, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Shell](https://talentrisk.com/companies/shell) (SHEL, Energy, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Siemens](https://talentrisk.com/companies/siemens) (SIE, Industrials & logistics, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Société Générale](https://talentrisk.com/companies/societe-generale) (GLE, Banks & insurance, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Standard Chartered](https://talentrisk.com/companies/standard-chartered) (STAN, Banks & insurance, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days; 7,000 jobs.
- [Starbucks](https://talentrisk.com/companies/starbucks) (SBUX, Consumer & retail, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Stellantis](https://talentrisk.com/companies/stellantis) (STLA, Automotive & aerospace, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Tesco](https://talentrisk.com/companies/tesco) (TSCO, Consumer & retail, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [UBS](https://talentrisk.com/companies/ubs) (UBSG, Banks & insurance, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Unilever](https://talentrisk.com/companies/unilever) (ULVR, Consumer & retail, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [UPS](https://talentrisk.com/companies/ups) (UPS, Industrials & logistics, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Verizon](https://talentrisk.com/companies/verizon) (VZ, Telecoms & media, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Vodafone](https://talentrisk.com/companies/vodafone) (VOD, Telecoms & media, UK): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days; 1,200 jobs.
- [Volkswagen](https://talentrisk.com/companies/volkswagen) (VOW3, Automotive & aerospace, Europe): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Walmart](https://talentrisk.com/companies/walmart) (WMT, Consumer & retail, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.
- [Wells Fargo](https://talentrisk.com/companies/wells-fargo) (WFC, Banks & insurance, US): Quiet (no public signal in 90 days); No qualifying public signal in the last 90 days.