Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul

  • Citigroup will soon begin layoffs in CEO Jane Fraser’s corporate overhaul, CNBC has learned.
  • Employees affected by the cuts will be informed starting Wednesday, with new dismissals announced daily through early next week, according to people with knowledge of the situation.
  • Those impacted will include chiefs of staff, managing directors and some lower level employees, said the people.

https://www.cnbc.com/2023/11/15/citigroup-layoffs-begin-in-jane-fraser-overhaul.html

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