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Citigroup Eliminated More Jobs This Week. Here's Which Roles Were Affected.
Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by 2026. According to a new report from Bloomberg, Citigroup laid off several managing directors in its Wealth at Work unit this week,
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.
Citigroup Axes More Jobs as Part of Ongoing Cost-Cutting Plan
(Reuters) -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.
1d
on MSN
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 ...
1d
on MSN
Citigroup CEO Jane Fraser on new buyback program
Citigroup CEO Jane Fraser joins 'The Exchange' to discuss her company's latest earnings, the buyback announcement, her ...
2d
Citigroup Soars as Fraser Plans to Buy Back $20 Billion of Stock
Citigroup Inc. lowered a crucial profitability target central to Chief Executive Officer Jane Fraser’s plan to turn around ...
1d
Citi Cuts More Jobs in Push to Meet CEO Fraser’s Expense Goals
Citigroup Inc. eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on ...
9d
Wall Street doubts Citi chief Jane Fraser can hit crucial target
Wall Street analysts are betting Citigroup will miss a critical long-term target, heaping pressure on chief executive Jane ...
2d
Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
devdiscourse
2d
Citigroup's Triumphant Turnaround: A Profitable New Era
Citigroup reported a profit increase in the fourth quarter, driven by robust trading and dealmaking activities. The bank also ...
Financial Advisor IQ
1d
Citi Chief Touts Wealth Boss Andy Sieg’s Turnaround Effort
Citigroup 's wealth management unit had a "turning point" in 2024 as wealth head Andy Sieg has focused the unit on ...
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