Citibank Announces Over 300 Layoffs in New York
SOURCENews reportView the filing ↗
What we know
Location: New York, NY.
Based on news reporting.
Summary
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 in NY as of May 20, 2026.
That is roughly 0.1% 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.
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