Citigroup is slashing year-end promotions as part of its ongoing restructuring, The Financial Times reported citing unnamed ...

Citigroup has announced a dramatic overhaul to its year-end promotions process, slashing the number granted as it grapples ...

Citigroup is making progress on culling its employee ranks as part of its reorganization strategy. On Friday, the company said it has laid off or provided layoff notifications to 7,000 employees ...

Citi (C)group is cutting the number of year-end promotions it typically awards as the company seeks to keep costs down amid a long-term restructuring that will involve shrinking its headcount, Stephen ...

CITIGROUP’S wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant ...

Citi has also set a goal to trim its global workforce by 20,000 over the next two years. The lender did not immediately ...

Like Citi, earlier this year ... announced a new round of layoffs, he referred to the need "to improve agility and accountability, establishing unambiguous ownership, and driving improving ...

Citigroup is planning a huge overhaul of its business that will involve layoffs, representing one ... will be now be divided into five businesses, Citi said in a statement on Wednesday.