Citigroup

Finance
United States1 layoff round tracked
20,000

Total Jobs Cut

January 2025

Most Recent

20,000

Largest Single Layoff

No

AI Cited

Layoff Timeline

January 2025

20,000 jobs cut

Reason: CEO Jane Fraser major restructuring; eliminating 20,000 positions medium-term

Source: People Matters

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About Finance Layoffs

69,762

Total industry layoffs

35%

AI-cited events

View all Financelayoffs →
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Other Finance Layoffs

UBS

1 round

14,000 jobs
HSBC

1 round

4,000 jobs
Deutsche Bank

1 round

3,500 jobs
UBS

1 round

3,000 jobs
Helvetia Baloise

1 round

2,600 jobs

Sources

People Matters

CEO Jane Fraser major restructuring; eliminating 20,000 positions medium-term

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