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Citi Makes Changes to Technology Leadership and Its Services …
5 days ago · Last summer Citi dedicated an entire investor day to talk about one of its oldest businesses: services. The business is being reorganized, and a 35-year Citi veteran and key leader within the unit ...
Citigroup strips COO of responsibility after $136mn fine
Sep 16, 2024 · Citigroup is stripping chief operating officer Anand Selva of his responsibility for a key piece of its compliance work, after the bank was fined $136mn by regulators this summer for...
Citigroup Lays Off Data Analysis Roles, Managing Directors
Jan 17, 2025 · Citigroup laid off several roles as part of a broader effort to cut 20,000 jobs by 2026. In 2024, the bank cut about 10,000 positions. ... Sherin Shibu is a business news reporter at Entrepreneur ...
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 ...
Citigroup to cut 20,000 employees | CNN Business
Jan 12, 2024 · Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023...
Citi to cut 20,000 jobs, posts $1.8 billion loss in 'disappointing ...
Jan 12, 2024 · Citigroup said it would cut 20,000 jobs over the next two years, acknowledging a "clearly disappointing" quarter marred by one-off charges that resulted in a $1.8 billion loss.
Citi Statement on Next Phase of Organizational Changes - Citigroup
Nov 20, 2023 · NEW YORK - “Today we shared with our colleagues the next layer of changes across many of our businesses and functions as we continue to align Citi’s organizational structure with our new, simplified operating model.
Citigroup to end sweeping overhaul this week after 5,000 layoffs
Mar 25, 2024 · 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 employees since September.
Citi Statement on Final Phase of Organizational ... - Citigroup
NEW YORK - "Today we shared with our colleagues that we have concluded the major actions that we announced in September 2023 that align Citi’s structure with our simplified operating model. While these decisions were not made easily, they have allowed us to strengthen how we run the bank and serve clients through enhanced connectivity and ...