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Citigroup to lay off 20,000 employees in CEO Jane Fraser's corporate overhaul
NBC Universal via AOL· 4 months agoCitigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s...
'Tough on morale': Citigroup reveals plans for 20,000 job cuts by 2026
Yahoo Finance via AOL· 4 months agoCitigroup (C) CEO Jane Fraser is betting a dramatic restructuring can revive the lender's stock...
Citigroup CEO Jane Fraser gets pay bump to $26 million after a 38% drop in profits
Yahoo Finance· 3 months agoCitigroup CEO Jane Fraser got a 6% pay bump after a year when profits dropped and Fraser began a...
Wells Fargo (WFC) Keeps $750M-$1B of Severance Cost in Q4 2023
Zacks via Yahoo Finance· 5 months agoWells Fargo & Company’s WFC chief executive officer, Charlie Scharf stated that the company is...
The big bank CEOs who are under the most pressure right now
Yahoo Finance· 7 months agoJane Fraser is eliminating middle managers at Citigroup (C) as she tries to revive the bank's...
Citigroup to cut 20,000 jobs by 2026 after $1.8 billion loss
NY Daily News via Yahoo Finance· 4 months agoCitigroup is expected to cut 20,000 jobs, or about 10% of its workforce, over the next two years, the New York-headquartered bank said Friday. The announcement follows a “very disappointing” ...
Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the...
Fortune via Yahoo Finance· 5 months agoIf there were tremors after Spotify announced its biggest-ever cull of workers this week, they’re...
Wall Street banks want to forget about 2023. But 2024 may not be much better.
Yahoo Finance via AOL· 5 months agoThis was yet another year to forget for much of Wall Street. Dealmaking slowed. Thousands of jobs...
Layoffs 2023: A Roundup of the Biggest Companies Making Job Cuts in Q4
InvestorPlace via Yahoo Finance· 5 months agoAnother year is about to pass again, and all of us can say that 2023 was definitely a rollercoaster ride. This year, lingering economic challenges led to widespread layoffs, impacting various ...
Factbox-Tech firms, Wall Street lead job cuts in Corporate America
Reuters via Yahoo Finance· 5 months ago(Reuters) - Economic uncertainties due to a rapid rise in interest rates forced U.S. companies like...
