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Citigroup confirms ‘next layer of changes’ and ‘difficult’ decisions

Clyde Edgerton by Clyde Edgerton
November 20, 2023
in Markets
Citigroup confirms ‘next layer of changes’ and ‘difficult’ decisions
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Citigroup Inc. on Monday said it has informed employees of a “next layer of changes” under Chief Executive Jane Fraser’s plan to streamline the bank.

A bank spokesperson did not comment on the number of employees that are being affected.

Citigroup C said continues work to align its organization structure with a “new, simplified operating…



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