Leaders in Citi's technology unit and its "crown jewel" services unit announced a raft of changes as key leaders step down.

Citigroup is making progress on culling its employee ranks as part of its reorganization strategy. On Friday, the company said it has laid off or provided layoff notifications to 7,000 employees ...

Ida Liu, the global head of Citi's private banking arm, announces her departure amid the bank's focus on expanding its wealth ...

AI and automation could eliminate 200,000 Wall Street jobs. Discover which roles are most at risk and how to future-proof your career.

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 ...

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 ...

Citi has also set a goal to trim its global workforce by 20,000 over the next two years. The lender did not immediately ...

Like Citi, earlier this year ... announced a new round of layoffs, he referred to the need "to improve agility and accountability, establishing unambiguous ownership, and driving improving ...

"The fourth quarter was very disappointing," Citi CEO Jane Fraser said in a statement, but she added that 2024 will be a "turning point" for the bank. The announcement of layoffs doesn’t come a ...

Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients, according to the report.

The downgrade comes after SolarEdge (SEDG) announced another round of layoffs, cutting 400 jobs on ... share despite long-running promotions, Citi analyst Vikram Bagri notes.