Citi Layoff 2024 Calendar. Citigroup on friday said it was slashing 20,000 jobs or about 10% of its workforce, part of ceo jane fraser’s revamp of the bank which has lagged behind peers and posted “ disappointing ”. As of 2018, the bank has 2,649 branches in 19.

Said it will eliminate 20,000 roles in a move that will save it as much as $2.5 billion as part of chief executive officer jane fraser’s quest to boost the wall street giant’s. The bad news is, by the end of this week, some 5,000 people who worked for citigroup in september will not anymore, including some 1,500 managers.