
Citigroup About To Cut Workforce In The UK As Part Of Jane Fraser’s Restructuring Program!
The New York-based Citigroup has alerted its UK employees about potential job cuts amid a major reorganization. The bank, employing around 16,000 in the UK, is progressing to the next phase of its restructuring plans and will initiate a consultation process for employee feedback. Citigroup's CEO, Jane Fraser, recently unveiled plans for a corporate overhaul to reduce managerial levels and expedite decision-making.