Citibank News Layoffs 2025. Industry executives acknowledged the challenges in navigating. 13), elevates the leaders of the banking giant’s five businesses while also doing away with a number of positions,.
The reduction comes after the company reported a $1.8 billion net loss for the. The cuts, which were detailed in citi’s earnings.
Last Year's Job Cuts Weren't The End Of Layoffs.
Citigroup employees expect announcements about management changes and layoffs on monday in the next phase of the bank’s sweeping reorganization,.
Citigroup To End Sweeping Overhaul This Week After 5,000 Layoffs.
Citigroup managers will inform employees about a final round of staffing changes, including layoffs, from monday to thursday, the bank’s ceo jane fraser said.
Citibank News Layoffs 2025 Images References :
The Reduction Comes After The Company Reported A $1.8 Billion Net Loss For The.
Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000.
The Layoffs Were Part Of A Broader Goal To Reduce Citi's Staffing By 20,000 Over The Next Two Years.