https://www.reuters.com/world/citigroup-lay-off-more-employees-march-sources-say-2026-01-23/
5 replies (most recent on top)
@ag Mostly MDs and above. But lots more layoffs to go. Ds and SVPs will get their share of cuts as well in the future. Cuts seem to come each quarter in line with reporting.
This the round that San Antonio will be affected
@OP Are VPs considered senior employees? Or by senior we mean length of service.
Why is this a surprise? 2 years ago they said the target layoffs would be 20k by end of year 2026. We are only about halfway there. This shouldn't be a surprise to anyone.
Ahh Sh-t! Here we go again