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 ...

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

Citi has also set a goal to trim its global workforce by 20,000 over the next two years. The lender did not immediately respond to a request for additional comment. The latest layoffs are ...

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 ...

Citi, and BlackRock; accounting firms like PwC; entertainment behemoths like Pixar and Paramount; and corporate giants like Tesla, Dow, and Nike have all announced layoffs. A survey in late ...

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.