Location: Jersey City, New Jersey.
Based on news reporting.
Citibank has announced plans to cut 68 positions in Jersey City, New Jersey, by the end of June 2023. This decision reflects the company's ongoing efforts to streamline operations and adjust its workforce. The layoffs are part of a broader strategy to enhance efficiency and reduce costs. Specific departments affected were not disclosed, but the cuts are expected to impact the local workforce significantly. The company aims to finalize these layoffs by the end of the month, as part of its restructuring efforts.
Citibank cut 68 jobs.
LayoffTalk has tracked 20 layoff events at Citibank since August 2023, affecting a combined 7,720 employees.
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Estimated figure based on news reporting. Not yet confirmed by Citibank.
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