Citi to cut about 20,000 jobs as it doubles down on its corporate overhaul

Fri, 01/12/2024 - 13:05

Tech Insider

• Citigroup will cut about 20,000 roles over three years as its corporate restructuring continues.
• The bank also had a "very disappointing" Q4 in 2023, CEO Jane Fraser said.
• The move could save the firm billions.

Citigroup will cut about 20,000 jobs over the next three years as part of its previously announced restructuring.

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finance, Citigroup, jane-fraser, Layoffs, Jobs, Banks, finance

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Citi to cut about 20,000 jobs as it doubles down on its corporate overhaul