Citi Layoff 2024 May. — multinational bank citigroup will be laying off 20,000 employees over the next two years as it posted its worst quarter in 15 years. The reduction comes after the company reported a $1.8 billion net.
— on friday, the bank said it planned to cut some 20,000 jobs from its workforce by the end of 2026. — citigroup, the parent company of citibank, announced friday that it plans to cut 20,000 jobs over the next two years as part of restructuring plans instituted by chief.