Starling Bank says it is restructuring parts of its banking and technology operations, including cutting jobs, as profits decline. The London-based digital bank told staff that it will eliminate more than 100 roles, with figures reported as about 130 redundancies. The bank frames the move as a simplification effort, citing “duplicate” positions across its banking and tech functions. Alongside the planned cuts, Starling says it is increasing investment in artificial intelligence, aiming to reduce costs and improve operational efficiency. Financial Times reports the restructuring is intended to remove overlapping roles as the bank tries to streamline operations, while The Guardian reports the job cuts are linked to a broader cost-reduction plan and highlights the stated workforce impact of roughly 3% of staff. Across the coverage, the bank’s strategy centers on lowering expenses through organizational change and technology investment, with the announcements tied to weaker profitability.