Citi Layoff 2024

Citi Layoff 2024

Citi Layoff 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. . The ongoing job cuts are being driven by a combination of continued economic uncertainty, the ascension of artificial intelligence and rightsizing companies as a result of pandemic-fueled hiring .

Citi Layoff 2024

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Source : twitter.com

Citi Layoff 2024 The List of Layoffs Sweeping the US: Amazon, Nike, Google, Citi: 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, its . Certain management level positions have already been eliminated in Tampa in connection to a multiyear restructuring plan outlined in September. .