Citi plans to cut about 20000 jobs as part of global overhaul
Citi has said it is planning to cut about 20,000 jobs over the next two to three years as the bank takes further drastic steps to overhaul the global business. Chief executive Jane Fraser said the company had a “very disappointing” fourth quarter after plunging to a net loss of 1.8 billion US dollars (£1.4 billion). It wants to reduce the size of its 239,000 global workforce as part of […]