Citi Layoff 2024au

Citi Layoff 2024au. Citi has pulled back from consumer banking in various parts of the world, having sold off nine of those businesses with plans to exit a total of 14 across asia, europe, the middle east, africa. The reductions are part of a.

Citigroup c 0.49% plans to eliminate some 20,000 jobs by the end of 2026, marking the next phase of the bank’s most dramatic restructuring plan in decades. Speaking to investors on friday, citi ceo jane fraser said that just 5,000 of the 20,000 citi job cuts will come from a reduction in layers of management.