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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Citigroup Inc | NYSE:C | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.81 | -1.29% | 62.00 | 63.16 | 61.97 | 63.00 | 10,151,799 | 01:00:00 |
--Citigroup employees expect the bank to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades, Reuters reports, citing several sources with knowledge of the matter.
--The job cuts could affect thousands of staff, and Citigroup is also likely to announce senior management changes by email, according to the report.
--Preparations for the announcements were communicated verbally in meetings, Reuters reports, adding that Citigroup declined to comment.
Full story: https://www.reuters.com/business/finance/citigroup-employees-brace-layoffs-management-overhaul-sources-2023-11-20/
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 20, 2023 07:48 ET (12:48 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Citigroup Chart |
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