Location: Jersey City, NJ.
Based on news reporting.
Citibank has announced layoffs affecting over 60 employees in Jersey City, New Jersey. This decision marks a new round of workforce reductions as the company continues to adjust its operations. The layoffs are part of ongoing efforts to streamline the workforce and improve efficiency. The exact reasons for this specific round of layoffs have not been detailed, but they reflect broader trends in the financial sector. The affected employees will be notified shortly, and the layoffs are expected to take effect immediately.
Citibank cut 60 jobs as of October 1, 2023.
LayoffTalk has tracked 20 layoff events at Citibank since August 2023, affecting a combined 7,720 employees.
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Citibank cut 60 jobs on October 1, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.
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