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HOME/COMPANIES/CITIBANK/JAN 15, 2026
REPORTED · NEWSPublished Jan 14, 2026

Citibank Plans to Cut 1,000 Jobs in 2026 Restructuring

EMPLOYEES AFFECTED
1,000
SHARE OF WORKFORCE
~0.5%
EFFECTIVE DATE
Jan 15, 2026
1,000 OF 210,000 EMPLOYEES

What we know

Based on news reporting.

Summary

Citibank has announced plans to cut 1,000 jobs as part of a restructuring initiative set for 2026. This decision comes as the company aims to streamline operations and improve efficiency. The layoffs are part of a broader strategy to adapt to changing market conditions and enhance the bank's competitiveness. The specific departments and locations affected by these job cuts have not been disclosed. The planned layoffs are expected to take effect in early 2026, marking a significant shift in Citibank's workforce management.

Citibank cut 1,000 jobs as of January 15, 2026.

That is roughly 0.5% 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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SOURCE
News reporting
View original source ↗
C
CitibankC
Financials · 210,000 employees
20
EVENTS TRACKED
12K
AFFECTED SINCE 2023
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CREATED JAN 14, 2026LAST UPDATED JAN 21, 2026