Citigroup Inc. (NYSE: C) is planning for more layoffs in March, continuing their long-term plan to cut 20,000 jobs by 2026.

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 plan announced two years ago to reduce the workforce by 20,000 by the end of this year.

Citigroup Inc. is set to cut about 1,000 jobs this week as part of Chief Executive Jane Fraser’s march to keep a lid on costs and improve returns at the Wall Street bank.

The layoff reports have followed us into 2026 as Citigroup announces job cuts to meet its restructuring goals.

Around 4,000 employees globally have volunteered to fan out across their business units as "AI accelerators."

Jan 12 (Reuters) - 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 plan announced two ‍years ago to reduce the ​workforce by 20,000 by the end of this year.

Bank of America CEO Brian Moynihan expects his bank’s workforce to shrink as the lender leans into AI. Citi CEO Jane Fraser, meanwhile, said the “bar is raised” for working at the bank.

Citigroup Inc. (NYSE:C) is one of the stocks Jim Cramer shared his thoughts on. Cramer highlighted the situation of the bank’s Russian operations while discussing its recent quarter, as he commented: “Last but not least,

The Bank of Japan will potentially raise interest rates three times this year to double the current level if the yen’s weakness persists, according to Citigroup Inc.’s markets head for the country.