Exclusive-Citigroup to lay off more employees in March, sources say

By Tatiana Bautzer and Lananh Nguyen NEW YORK, Jan 23 (Reuters) - Citigroup is expected to lay off more employees in March following a round of about 1,000 job cuts this month, according to two sources with knowledge of the matter.

Citi has quietly built a 4,000-person internal AI workforce

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

A Team of AI Accelerators at Citi Is Redefining AI Adoption in the Workplace

Citi is relying on its AI accelerators to promote internal AI adoption in the workplace, and the strategy is worth exploring further.

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

BofA joins Citi, Wells in projecting lower headcounts 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.
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 (C) Signals Stabilizing Core Businesses and Progress on Strategic Streamlining

Citigroup Inc. (NYSE:C) is one of the 10 Goldman Sachs undervalued stocks to invest in. On January 14, 2026, Citigroup Inc. (NYSE:C) reported Q4 2025 results, delivering an earnings beat primarily driven by a sharp recovery in dealmaking and stronger corporate client activity.