Citi Layoff 2024 Lok. Tech is already slim on headcount even before the layoff. Citigroup (c) ceo jane fraser is betting a dramatic restructuring can revive the lender's stock price and remove decades of bloat.
The rumor mill is a buzz with tech layoffs upcoming, been there, done that. Jpmorgan chase, bank of america and citigroup all saw profits drop in q4 thanks to higher interest rates and increased costs the fall of silicon valley bank.