Job cuts at Citibank: 20,000 roles to be axed by Wall Street giant
Edited By WION Video Desk
Published: Jan 12, 2024, 22:50 IST | Updated: Jan 12, 2024, 22:50 IST
Citigroup inc. said it expects to incur as much as $1 billion in severance and reorganization costs this year as it continues the process of eliminating 20,000 roles as part of Chief Executive Officer Jane Fraser’s quest to boost the Wall Street giant’s lagging returns.
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