Citi Layoff 2024au. C is likely to cut jobs in tampa post the announcement by ceo jane fraser regarding elimination of extra management layers earlier this month. Citigroup plans to cut 20,000 jobs over the next couple of years, the us bank said friday, as part of a corporate reorganization designed to boost profits and return cash to shareholders.
Citigroup will have cut 5,000 jobs by the end of the month, mostly in investment banking and trading, after a prolonged slump in dealmaking. The bank plans to reduce levels of.