Citi Layoff 2025. Citi Layoffs 2025 India Erika Kameko Thanks for sharing! NEW YORK - Citigroup eliminated more jobs this week after going through an overhaul last year, as part of a sweeping reorganisation under. Citigroup's layoffs arrive as the bank tries to reduce expenses
Ron Reed, CPRW on LinkedIn citi layoffs from www.linkedin.com
the bank will increase the number of its full-time IT employees from 48,000 in 2024 to 50,000 by the end of 2025, thereby reinforcing its. Citi's stock surged 37% in 2024, outperforming the broader banking index , opens new tab and the equity markets , opens new tab, as investors cheered Fraser's efforts to transform the bank.
Ron Reed, CPRW on LinkedIn citi layoffs
This change is intended to enhance data security, improve risk management practices, and ensure compliance with regulatory requirements. Citi had originally planned to cut 20,000 positions, with roughly half already eliminated last year under the "Project Bora Bora" initiative. Citi always planned to make 20,000 layoffs and only around half of them were.
Citi Layoffs November 2025 Kacy. Citi group layoffs 2025 have sent shockwaves across the financial industry, as Citi group cuts 20,000 jobs in a major restructuring effort Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported Thursday, citing people familiar with the matter.
Citi Layoff 2025 Candace J. Galvez. Citi had originally planned to cut 20,000 positions, with roughly half already eliminated last year under the "Project Bora Bora" initiative. Morning Coffee: If you thought Citi was done cutting jobs, you were wrong.