Tech
Women in finance and tech face higher risk from AI-driven job losses, report warns
Women working in finance and technology sectors could face a higher risk of job losses due to artificial intelligence (AI) and automation than their male colleagues, according to a new report by the City of London Corporation. The study highlights concerns that AI-driven changes may disproportionately affect women in administrative and mid-level roles.
The report estimates that around 119,000 administrative positions in the UK’s financial, professional services, and tech sectors—jobs largely held by women—could be eliminated over the next decade as automation becomes more widespread. Women in high-income countries appear particularly vulnerable. A May 2025 report by the United Nations’ International Labour Organization and Poland’s National Research Institute (NASK) found that nearly 10 percent of female-dominated roles in these countries could be replaced by automation, compared with just 3.5 percent of male-dominated positions.
The City of London Corporation also noted that mid-career women, defined as those with at least five years of experience, are increasingly overlooked for digital roles in tech and finance. Automated hiring software often fails to account for career gaps due to childcare or other caring responsibilities, creating barriers for women seeking advancement in these industries.
The lack of career progression and recognition has led to high attrition rates. The report estimates that up to 60,000 women leave tech jobs annually in the UK due to limited opportunities and unequal pay. This trend persists despite a persistent shortage of skilled workers in Europe, where between 500,000 and 800,000 tech roles remain unfilled each year, according to salary benchmarking website TalentUp.io. Analysts expect this talent gap to continue until at least 2035.
The report highlights the growing need for reskilling initiatives to help women adapt to automation-driven shifts. Employers are urged to prioritise retraining female employees in clerical and administrative positions most at risk, ensuring they can transition into higher-value digital roles. In the UK, reskilling could save companies up to £757 million (€876.9 million) in redundancy payments, the report suggests.
Workers across Europe are already expressing concern about AI’s impact on employment. Research from agency Verian indicates that between 42 and 66 percent of employees worry AI could negatively affect their jobs.
The City of London Corporation stresses that proactive measures are required to prevent automation from widening gender disparities in the workforce. Without targeted reskilling and inclusive hiring practices, the report warns, women in tech and finance may face long-term setbacks, while businesses risk losing valuable talent in sectors experiencing acute labour shortages.
By linking automation risk with gender inequity, the report calls attention to the need for policy and corporate strategies that protect and develop female talent as AI reshapes the workforce.
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