Citigroup slashes 430 jobs in New York restructuring
Edited By WION Video Desk
Published: Apr 02, 2024, 06:15 IST | Updated: Apr 02, 2024, 06:15 IST
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Citigroup is undergoing a significant restructuring effort, with layoffs hitting hard in its New York divisions. A total of 430 employees are set to lose their jobs, primarily impacting Citibank, which will see 363 positions eliminated. This move is part of Citigroup's broader strategy to streamline its operations and enhance performance.
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