Citi Bank Will Fire 20,000 Employees After Rs 15,000 Crore Quaterly Loss

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10 months ago

Citigroup unveiled plans on Friday to eliminate 20,000 jobs globally over 2023 and 2024, representing nearly 10% of its workforce, as the banking giant pursues a sweeping corporate reorganization. Accelerating Corporate Revamp The layoffs are part of Citi CEO Jane Fraser’s ongoing makeover to simplify operations, exit non-core markets and boost profitability. Citi aims to […]

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