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Citigroup to end sweeping overhaul this week after 5,000 layoffs
WEBMar 25, 2024 · Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees since September.
Citi Statement on Final Phase of Organizational ... - Citigroup
WEBMar 25, 2024 · Citi Statement on Final Phase of Organizational Simplification Changes. NEW YORK - "Today we shared with our colleagues that we have concluded the major actions that we announced in September 2023 that align Citi’s structure with our simplified operating model.
Citigroup lays off more bosses as CEO Fraser addresses managing ...
WEBNEW YORK, Jan 18 (Reuters) - Citigroup (C.N) CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank's sweeping overhaul, according to two sources familiar...
Citigroup CEO faces growth challenge as overhaul rattles employees
WEBApr 9, 2024 · Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off ...
Citigroup strips COO of responsibility after $136mn fine
WEB2 days ago · Citigroup is stripping chief operating officer Anand Selva of his responsibility for a key piece of its compliance work, after the bank was fined $136mn by regulators this summer for reporting ...
Citi Statement on Next Phase of Organizational Changes - Citigroup
WEBNov 20, 2023 · Citi Statement on Next Phase of Organizational Changes. November 20, 2023. NEW YORK - “Today we shared with our colleagues the next layer of changes across many of our businesses and functions as we continue to align Citi’s organizational structure with our new, simplified operating model.
Citigroup Inc. (C) Latest Stock News & Headlines - Yahoo Finance
WEBGet the latest Citigroup Inc. (C) stock news and headlines to help you in your trading and investing decisions.
Trio of new Citigroup executives stirs succession talk on Wall Street
WEBJun 11, 2024 · Citigroup chief executive Jane Fraser has sparked speculation on Wall Street about a three-way race to be her heir apparent, after tapping a trio of outsiders with impressive résumés to aid her...
Citigroup Makes Fresh Round of Layoffs in Jane Fraser’s …
WEBNov 20, 2023 · Citigroup C -0.81% began making an extensive round of layoffs and organizational changes, part of Chief Executive Jane Fraser ’s efforts to streamline the sprawling global bank. The bank didn’t...