The announcement comes after Citi had cut about 200 information technology contractor roles in China. Following regulatory ...

Wall Street this week cautiously rallied, betting President Donald Trump might take a softer tone on his trade war. Investors ...

Citigroup to cut 3,500 tech jobs in China by Q4 2025 to streamline operations and improve risk management, retaining around 2 ...

There are signs that a slowdown in the economy is starting to impact the labour market. The employment component of the ISM ...

The impact of the global trade war since Trump’s “liberation day” reciprocal tariffs in April is beginning to mount across ...

BlackRock stated that its employee compensation and benefits expense increased by 7% in the first quarter following ...

The news marks the latest in a series of moves by top U.S. banks aimed at cutting costs and streamlining operations globally.

The company had also cut around 200 IT contractor roles in China last month amid efforts to hire its own staff for such ...

Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in ...

Citigroup will cut 3,500 full-time roles at two China tech centers as it revamps global operations to address risks and ...

Citigroup Inc. will reduce the number of employees at two of its technology centers in China by about 3,500, the bank said on Thursday, as it pushes to simplify and shrink global tech operations to ...

“Citi continues to pursue the establishment of a wholly owned securities and futures company in China,” Marc Luet, banking ...