Citigroup Inc (NYSE:C) is preparing to initiate a fresh wave of staff reductions in March, following a preliminary round of ...
By Tatiana Bautzer and Lananh Nguyen NEW YORK, Jan 23 (Reuters) - Citigroup is expected to lay off more employees in March ...
Citigroup is set to cut about 1,000 jobs this week, a source familiar with the matter told Reuters on Monday, as part of a ...
In a statement, Citigroup said it plans to continue reducing its workforce in 2026 as part of its ongoing transformation.
The Wall Street bank on Wednesday said net income fell to $2.5bn in the final three months of the year, as expenses rose to nearly $14bn. The bank’s profits also took a $1.1bn hit from the sale of its ...
Citigroup is moving ahead with one of the most aggressive restructurings on Wall Street, beginning with about 1,000 job cuts ...
Citigroup Layoffs: The main goal of the New York-based firm is to streamline the banking processes and cut waste, as ...
The bank’s board approved the transfer of its Russia business to Renaissance Capital and will reclassify the assets as “held for sale.” ...
The March layoffs are likely to affect managing directors and senior employees across business lines.