Location: New York, NY.
Based on news reporting.
Citibank has disclosed that it will lay off over 300 employees in New York as part of its ongoing job cuts. This decision is part of a broader strategy to streamline operations and reduce costs amid changing market conditions. The layoffs are expected to impact various roles within the organization, reflecting the company's efforts to adapt to economic pressures. Citibank's restructuring plan aims to enhance efficiency and maintain competitiveness in the financial sector.
Citibank cut 300 jobs as of October 1, 2023.
That is roughly 0.1% of the 210,000 people Citibank employs.
LayoffTalk has tracked 20 layoff events at Citibank since August 2023, affecting a combined 7,720 employees.
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