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Tag: Citi employees


News

Citi considers 10% job reduction in major units: report

November 6, 2023

Via: Banking Dive

Citi is considering trimming its headcount in several major units by at least 10% as the firm embarks on a corporate overhaul it announced in September, according to CNBC, which cited sources familiar with the matter. The New York City-based […]


News

Citi added 8,000 tech employees in the past year

April 20, 2023

Via: Banking Dive

Citi’s bulked-up tech headcount lends credence to its announcement last June that it intended to hire 4,000 tech employees to move its institutional clients online. Mason last year said the bank needed to offset “past underinvestment in our businesses.” That, […]


Regulations

Citi hopes a ‘reset’ with hybrid schedules, Zoom-free Fridays will preserve bank’s ‘soul’

March 24, 2021

Via: Banking Dive

With her memo, Fraser becomes the first CEO of a large, U.S.-based bank to embrace a hybrid schedule in writing. There will be exceptions to the three-and-two workday ratio, Fraser wrote. Some branch and data-center jobs, for example, can’t be […]


Activity, Investment Banking

Citi to offer employees 12-week sabbaticals starting next year

December 17, 2020

Via: Banking Dive

“People may need a break to pursue personal interests, education, they may have a family situation going on, they may just need to take a break to care for their well-being,” Diane Arber, head of human resources for the bank’s […]