Citigroup Inc. Cuts ESG Analyst Positions Amid Research Group Restructuring
SOURCENews reportView the filing ↗
What we know
Location: New York, NY, USA.
Department affected: ESG Research.
Based on news reporting.
Summary
Citigroup Inc. has laid off approximately 50 employees from its ESG Research department as part of a restructuring effort. This decision comes as the company seeks to streamline its operations and focus on core areas of business. The layoffs occurred in New York and are part of a broader trend within the financial services industry, where firms are reassessing their research capabilities. Citigroup's move reflects ongoing challenges in the ESG sector, prompting the firm to adjust its workforce accordingly.
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.