Citigroup's layoffs arrive as the bank tries to reduce expenses. Citigroup's CEO Jane Fraser stated in January 2024 that the ...

Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.

The cuts come shortly after Citi laid off 10% of its senior staff as part of a restructuring effort aimed at boosting its ... Citigroup to cut 20,000 jobs by 2026 following latest financial losses.

Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings in 15 years Friday. Primary Menu Sections. US News.

Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter.. Managing directors in the wealth and ...

Citigroup Inc.'s stock rose Friday as the bank finally put a head count on its latest efforts to streamline operations — announcing plans to shed 20,000 jobs by the end of 2026.

Citigroup, the parent company of Citibank, announced Friday that it plans to cut 20,000 jobs over the next two years as part of restructuring plans instituted by chief executive officer (CEO) Jane ...

Layoffs will affect its global tech solution centres in Shanghai and Dalian. Citi China will be cutting approximately 3,500 technology roles,according to an announcement. Layoffs will affect Citi’s ...

Citigroup C 0.13 % increase; green up pointing triangle plans to eliminate some 20,000 jobs by the end of 2026, marking the next phase of the bank’s most dramatic restructuring plan in decades.

Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive ...

Citigroup appointed a new class of managing directors last week. Five new MDs share their best career advice and reflect on their rise at Citi. They also touched on how the bank's sweeping ...

Citi has been part of various veteran hiring initiatives, including the Chase-managed Veteran Jobs Mission, which works to improve veteran employment and increase retention and career development ...