Citi Layoff 2024 August. Industry executives acknowledged the challenges in navigating. The latest reshuffle finalizes citi's new structure and is part of a broader goal to trim its global workforce of 239,000 by 20,000 over the next two years.

Citigroup ceo jane fraser held a conference call on thursday with managing directors to discuss the bank’s sweeping overhaul, according to two sources. I was put on a 1 month paid working period.