Citi cuts more jobs to reduce expenses

Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients, Bloomberg reported.
Citi cuts more jobs to reduce expenses: report
Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg  reported on Thursday, citing people familiar with the matter.
Citigroup Slashes Jobs as Cost-Cutting Continues
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.
Citigroup axes more jobs as part of ongoing cost-cutting plan
Jan 16 (Reuters) - Citigroup (C.N), opens new tab is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the ...
Citi Cuts More Jobs in Push to Meet CEO Fraser’s Expense Goals
Citigroup Inc. eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on Chief Executive Officer Jane Fraser’s commitment to expense reductions.
Citigroup axes more staff as part of cost-cutting plan
Global bank set out an aim in 2024 to reduce jobs by 20,000 by the end of 2026. Read more at straitstimes.com.
Citigroup cuts more jobs to meet expense goals, Bloomberg News reports
Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank's clients,
Citigroup Earmarks $600 Million in Severance for Fresh Job Cuts
Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.
Citigroup Layoffs: 10000 Gone; More Job Cuts On Cards? Details
Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.Citigroup Severance : DetailsThe $600 million figure is down about 14 per cent from last year,
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Citigroup: Buying The Dip Post Jobs Report
Citi is on a trajectory to a three digit share price. The sell-off in financials (XLF) was unwarranted, given the economy's strength, as the Jobs Report demonstrated. Financials were the worst-hit ...
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Citi Trends holding managerial hiring fair
The value-priced clothing chain Citi Trends has a job fair for store managers coming up next week. Whoopi Goldberg defends ...