Citi to lay off 10% of workforce through 2026 | Bank Automation News

Citigroup’s restructuring efforts, investment in technology and reduction of overhead costs will result in a loss of 20,000 jobs, or 10% of its workforce, through 2026, the bank said today in its fourth-quarter earnings report.  Total headcount at Citi as of the fourth quarter of 2023 was 239,000, down from 240,000 during the corresponding period […]