Citi Layoff 2024 July. Citi began cutting hundreds of jobs across the company earlier this year, with the wall street giant’s investment banking division among those affected, bloomberg reported in. Will reorganize its management structure and shut down some of its businesses as part of the financial institution’s next steps to restructure itself.
A pair of government regulators slapped citigroup with a $135.6 million on wednesday, july 10, 2024, saying the bank has made insufficient progress in resolving. Citi has been looking to boost its profits and stock performance, which has lagged those of its rivals.
