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Banking & Financial ServicesC

Citigroup

New York, NY

Industry

Banking & Financial Services

WARN Filings Tracked

notices

Workers in Filings

Citigroup is one of the world's largest financial institutions. Under CEO Jane Fraser, Citi launched the most aggressive restructuring on Wall Street in a generation — targeting 20,000 job eliminations by end of 2026 to simplify its organizational structure, reduce costs by ~$200M, and exit non-core international businesses.

Headquarters

New York, NY

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Documented Layoff History

Reported by news sources — not official WARN filings
Jan 20261,000 workers
Source

Latest tranche; approximately 1,000 more cuts per week as plan completes

Apr 20247,000 workers
Source

Continued execution of multi-year restructuring

Jan 20245,000 workers
Source

First large round of announced 20,000 total reduction; management layers eliminated

Sep 20232,000 workers
Source

Initial restructuring wave under new organizational model

WARN Filings in Our Database

Matched from official state labor agency filings tracked by Layoff Lookout

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