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AI-driven job cuts may be underreported: Challenger
08 Jul 2025 16:15 GMT
…
Procter & Gamble, Microsoft, Citigroup, Walmart, CrowdStrike and Disney are … has slowed AI-driven job cuts after concluding the effort … the leading cause of job cut announcements so far this … have resulted in 64,487 job cuts, the report said.
Other …
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From banks to tech: Job cuts and layoffs for 2025
01 Jul 2025 08:34 GMT
… of corporations globally have announced job cuts, as macroeconomic pressures, … billion to investors.
Citi
Citigroup announced on May 16 that … governance.
On Jun 5, Citigroup also said it will …
The latest round of job cuts impacted Reality Labs staff …
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Citigroup Layoffs: Banking Giant To Cut 3,500 Tech Roles From China Citi Solution Centres in Shanghai and Dalian as Part of Its Global Restructuring Efforts
06 Jun 2025 07:01 GMT
… bank further said that Citigroup would lay off the … To Streamline Operations.
The job cuts, aimed at improving risk … Previously, reports said that Citigroup layoffs in 2025 would be … fraud.
Reuters reported that Citigroup was cutting 200 IT contractor …
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Citigroup to cut 3,500 tech roles as slowing Chinese economy affects businesses
05 Jun 2025 10:10 GMT
… various operational support functions for Citigroup’s international operations.
In its … global restructuring initiative announced by Citigroup in January 2023, which includes … annual performance reviews resulting in job cuts. Bank of America has reportedly …
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Morning Coffee: Morgan Stanley’s job cuts are like Goldman’s and BoA’s. The Citi executive without the big pay
19 Mar 2025 21:13 GMT
Another small cloud floats over the horizon for bankers in 2025. Morgan Stanley has announced the first RIF of Ted Pick’s time as CEO. It will be a reduction of about 2,000 heads, and (since the 15,000 advisors in the Wealth Management division are not …
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Goldman moves up annual job cuts, targets 3% to 5% of staff
04 Mar 2025 21:08 GMT
… start its annual round of job cuts, moving the exercise to earlier … "illegal DEI" programs.
Citigroup canceled diversity targets it had …
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Report: Black Folks Could Make Up Almost 80K Of Employees Out of Work After February Job Cuts, Primarily In Government Sector
06 Mar 2025 02:15 GMT
Black workers overrepresented in the public sector are more vulnerable to job losses.
The state for two of the nation’s top economic indicators – the employment rate and GDP – is presenting a gloomy outlook for Black Americans when it comes to job …
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From tech to financial services: Layoffs and job cuts in 2025
24 Feb 2025 07:03 GMT
… months of 2025, with job cuts announced across various industries.
… informed later, Zuckerberg said. Job cuts have been consistent at … The bank announced around 400 job cuts in Switzerland, equivalent to … the end of 2023.
Citigroup
The global bank is trying …
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How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
23 Feb 2025 18:30 GMT
… ultimately amount to the biggest job cut in U.S. history, … amount to the “largest job cut in American history (by … Assessing the scale of federal job cuts
The ultimate number of cuts … . Among other notable corporate cuts, Citigroup and Sears, Roebuck & …
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JPMorgan, Wells Fargo, Citigroup double down on AI hires
30 Apr 2025 18:47 GMT
Despite broader industry job cuts, the world’s biggest banks … .
JPMorgan Chase, Wells Fargo, and Citigroup are leading the charge, topping … generating personalised equity baskets.
Meanwhile, Citigroup is focusing on infrastructure, leveraging …
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