Citibank Plans Significant Layoffs in 2026
SOURCENews reportView the filing ↗
What we know
Location: New York, NY.
Based on news reporting.
Summary
Citibank has announced plans to lay off approximately 2,000 employees starting in 2026 as part of a restructuring effort aimed at streamlining operations and reducing costs. The layoffs are expected to impact various departments within the company, primarily in New York. This decision comes amid ongoing challenges in the financial sector, prompting Citibank to reassess its workforce and operational strategies. The company has indicated that these layoffs are part of a broader initiative to enhance efficiency and adapt to changing market conditions.
Citibank cut 2,000 jobs in NY as of January 1, 2026.
That is roughly 1% of the 210,000 people Citibank employs.
LayoffTalk has tracked 30 layoff events at Citibank since January 2023, including 1,259 jobs documented in official WARN filings, with 23 additional events known from news reporting.
Comments (0)
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Affected by this?
Share your story anonymously — it helps others reading this feel less alone.
Share your story →More layoffs at Citibank
Recent tracked events at this company.
Recent layoffs in NY
Other companies with tracked events in the same state.