Citi Layoff 2025. Citi Layoffs 2025 Reddit Christopher Robertson Citi always planned to make 20,000 layoffs and only around half of them were. Citi had originally planned to cut 20,000 positions, with roughly half already eliminated last year under the "Project Bora Bora" initiative.
Citi Major Layoff Begins Blind from www.teamblind.com
has announced plans to reserve $600 million for severance payments in 2025 as part of its ongoing workforce reduction and cost-cutting measures Citigroup's CEO Jane Fraser stated in January 2024 that the bank plans to eliminate 20,000 jobs by 2026 to save $2.5 billion
Citi Major Layoff Begins Blind
Citi had originally planned to cut 20,000 positions, with roughly half already eliminated last year under the "Project Bora Bora" initiative. Citi always planned to make 20,000 layoffs and only around half of them were. Citi had originally planned to cut 20,000 positions, with roughly half already eliminated last year under the "Project Bora Bora" initiative.
70 Layoff Statistics 2025 — Yearly Data. This change is intended to enhance data security, improve risk management practices, and ensure compliance with regulatory requirements. Citigroup's CEO Jane Fraser stated in January 2024 that the bank plans to eliminate 20,000 jobs by 2026 to save $2.5 billion
Citi Layoffs 2024 Citigroup Evvie Wallis. Citi's stock surged 37% in 2024, outperforming the broader banking index , opens new tab and the equity markets , opens new tab, as investors cheered Fraser's efforts to transform the bank. Citi group layoffs 2025 have sent shockwaves across the financial industry, as Citi group cuts 20,000 jobs in a major restructuring effort