Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Layoff this week

Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by 2026.

According to a new report from Bloomberg, Citigroup laid off several managing directors in its Wealth at Work unit this week, which offers services to clients at professional services firms.

The bank also let go of a team that focuses on obtaining data and analyses for its clients.
https://www.entrepreneur.com/business-news/citigroup-lays-off-data-analysis-roles-managing-directors/485725

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| 2311 views | | 6 replies (last January 23, 2025) | Reply
Post ID: @OP+1jj2b687a

6 replies (most recent on top)

Watch for media news announcements. In 3 to 4 months, there will be media announcements from their new employers about their new hires of former $hittibank Chief Tech Officers Shadman, Nadgauda and others.

This happens all the time and I've seen, read about it in the recent past.

Suddenly they came out of their $hittibank "Retirement" or they found their new external opportunities. ROTFLMFAO!

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Post ID: @n3+1jj2b687a

These layoffs client business side or tech side?

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Post ID: @g9+1jj2b687a

Belfast is golden despite all the "imminent layoffs in Belfast" threads posted by the usual trolls.

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Post ID: @er+1jj2b687a

There will be NO layoffs in Belfast. Peter Holden gave his word that it was over with. Just clear blue skies from here on out.

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Post ID: @dx+1jj2b687a

Why client data and analysis?

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Post ID: @d9+1jj2b687a

Smart!

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Post ID: @a4+1jj2b687a

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