Virginia Business

Citigroup to lay off more employees in March, sources say

Citigroup is expected to announce more layoffs in March as CEO Jane Fraser presses ahead with cost cuts and restructuring.
The HR Digest

Citigroup Job Cuts in 2026 Expected to Affect 1,000 Employees This Week

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

Citigroup to ax 1,000 jobs this week as part of massive restructuring plan: report

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 ...

Citigroup CEO Jane Fraser warns of job cuts and says it’s time to raise the bar in a fiery memo to staff: ‘We are not graded on effort’

Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, ...

Citi's CEO Jane Fraser warns staff in memo: old habits are out, and performance is in

Citi's CEO pledged to save billions by cutting jobs. A new memo and statements by the bank's top brass shed light on how that ...