Citibank has recently eliminated 268 positions at its New York headquarters. This latest action is part of a broader, ongoing layoff initiative by the financial services firm. Year-to-date, the company has reduced its workforce by 881 employees in New York City. These cuts are attributed to aligning staffing with business needs, technological efficiencies, and transformation progress. The company previously announced plans to cut 20,000 employees by 2026.
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https://www.thinkadvisor.com/2026/08/07/citi-cuts-268-jobs-at-ny-headquarters-part-of-ongoing-layoffs/