Stay updated with breaking news from Mark Mason. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years.
JPMorgan Chase posts record annual profit as earnings season gets under way
Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years.
The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.
The Citigroup logo, in a file image taken on the floor of the New York Stock Exchange. Brendan McDermid (REUTERS)