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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.

Inc · 17h

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.

Hosted on MSN · 1d

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.

The Independent Singapore · 1d

Citigroup cuts more jobs to invest cost savings in data quality and regulatory controls

Citigroup is working to streamline its operations and boost profitability to better compete with rivals. It aims to cut 20,000 jobs by the end of 2026. At the end of the fourth quarter, Citigroup’s workforce stood at 229,000, down 10,000 from the previous year.

1don MSN

Citi’s Co-Chief Information Officer Zafar to Depart Bank

Shadman Zafar, Citi’s co-chief information officer who has been key to leading artificial intelligence efforts, is leading ...

Citi’s Co-Chief Information Officer to Depart in Bank’s Latest Shuffle

Shadman Zafar, Citi’s co-chief information officer who has been key to leading artificial intelligence efforts, is leading the bank, employees were told on Thursday.

Citi cuts more jobs to reduce expenses: report (Update)

Citigroup continues job cuts in wealth business and technology unit, following better-than-expected Q4 results and $20B stock ...

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Citi cuts more jobs to reduce expenses

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