Starling Bank has confirmed plans to cut around 130 jobs, roughly 3% of its workforce of more than 4,000 people, as the digital bank restructures its banking and technology teams and expands its use of artificial intelligence.
130
roles cut (~3% of workforce)
The cuts, first reported by the Financial Times, span roles across Starling's banking and technology units. The bank said it is "changing parts of our banking team structure to simplify how we operate, reduce instances of duplication, and drive further product delivery at pace," while continuing to hire tech and AI engineers separately. Starling has begun a formal consultation period with affected staff.
The restructuring follows a difficult year financially. In the year to March 2025, Starling's pre-tax profit fell 3% to £217m and revenue dropped 6% to £887m, which the bank attributed in part to interest rate cuts and continuing restrictions imposed by the Financial Conduct Authority since 2021. Starling has also been pushing further into AI, having launched what it calls the "UK's first agentic AI financial assistant" earlier this year.
Anyone affected by the changes at Starling is entitled to meaningful consultation before any redundancy is confirmed, and should understand their rights around notice, redundancy pay and, where relevant, settlement agreements before signing anything.
