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Citigroup employees expect the bank to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades, according to five sources with knowledge of the...
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The logo for Citibank is seen on the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York City, United States on August 3, 2021.
The Citibank logo is seen on the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 3, 2021. REUTERS/Andrew Kelly
The logo for Citibank is seen on the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York City, United States on August 3, 2021.
NEW YORK (Reuters) -Citigroup employees expect announcements about management changes and layoffs on Monday in the next phase of the bank’s sweeping reorganization, according to four people familiar with the situation. Employees are awaiting more details about the scale of layoffs at the bank, which employs 240,000 people worldwide. Citigroup declined to comment.