Citi plans to cut 20,000 jobs by 2026
Citi will cut 20,000 jobs over the next two years, the bank said on Friday after reporting a $1.8 billion loss for the fourth quarter. The bank, with a current global workforce of 239,000 employees, plans to cut 20,000 jobs through a significant reorganization, as shared by Chief Financial Officer Mark Mason. Additionally, Citi anticipates … Read more
