Thread regarding Citigroup Inc. / Citibank / Citi layoffs

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nobody here has to worry. That article was about people who actually make money lol.

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Citi has cut jobs in its investment bank, with at least seven senior staff leaving in London, mainly from the debt capital markets team. Departures reportedly include veteran MD Philip Brown, who may be retiring, and top insurance banker Jake Atcheson. The cuts follow a hiring spree by investment bank head Vis Raghavan, who joined from JPMorgan in mid-2024. Insiders say August cuts were planned to offset costs from new hires. Citi had announced 20,000 job cuts in 2023, with 10,000 still pending as of January 2025.

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