Skip to content

Banking & Finance · United States

Citigroup layoffs

We've tracked one Citigroup layoff, in Jan 2024, affecting 20,000 people. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

20K

Across tracked announcements

Announcements

1

Jan 2024 → Jan 2024

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −20,000(10% of workforce)

    Citigroup said it would shed about 20,000 roles over the medium term as part of a corporate overhaul led by chief executive Jane Fraser.

    About the figure: Cuts are spread over the medium term, which the bank has used to mean three to five years.

    Source: CNBC

Watch Citigroup

Get one email if Citigroup appears in the tracker again, with the event, the source, nothing else.

Double opt-in · one-click unsubscribe · only fires on sourced events

Working at Citigroup, or somewhere like it?

Check your company against the 15 warning signs we saw before cuts like these, or see how exposed your own role is.

Layoff warning signsHow exposed is my job?

Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.