Citi Layoffs September 2024. Citi will cut about 20,000 jobs over then next three years as part of restructuring plans. Citigroup will lay off 20,000 employees over the next two years, cfo mark mason said friday.
C) layoffs are the talk of wall street today after the investment bank announced that it will cut 20,000 roles, or 10% of its workforce, in a bid. The lender is aiming to reduce its global workforce by roughly 8% through 2026, including layoffs from the reorganization, chief financial officer mark mason told.
Citi Employees Suggest The Most Recent Round Of Job Cuts Was Poorly Timed.
The cuts follow a smaller round of job reductions.
Citi's Layoffs Will Bring Its Headcount To 180,000 By 2026, A Citigroup Representative Told Cbs Moneywatch.
The action could save the bank as much as $2.5 billion.
Citigroup Employees Expect Announcements About Management Changes And Layoffs On Monday In The Next Phase Of The Bank’s Sweeping.
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The Reduction Comes After The Company Reported A $1.8 Billion Net.
On friday, the company said it has laid off or provided.
The Layoffs Will Impact 363 Employees Of The Lender's Primary Banking Unit, Citibank.
Citi employees suggest the most recent round of job cuts was poorly timed.