Yes, there are layoffs happening. #1 We're always trying to shrink. #2 They need hire new people to expand in Charlotte. Without additional work; you have to shed existing staff to add new.
https://www.bankingdive.com/news/citi-opening-charlotte-office-510-jobs-north-carolina/752586/
If that was the case, they’d offer people opportunities to relocate. Net will be lower.
Makes sense when you get kickbacks from the state.
@a6 the state is paying 8.9M if they meet the job creation #'s
https://www.axios.com/local/charlotte/2025/07/08/citigroup-assetmark-expand-charlotte
What about new castle?
Those makes no sense. Salary wise Charlotte is more expensive than Tampa