Citigroup: HR News, Trends & Workplace Insights

Latest Citigroup HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Citigroup.

Updated on: Jan 2024

Layoffs

Citigroup will be cutting , jobs

Jan 15, 2024

Citigroup plans to lay off of its workforce

An American multinational investment bank and financial services corporation, Citigroup has planned ...

Layoffs

Nov 8, 2023

Citigroup plans to lay off of its workforce

Citigroup is monitoring WFO, low attendance may lead to losing job

An American multinational investment bank and financial services corporation,nbspCitigroup UK to s...

Work Model

Aug 1, 2023

Citigroup is monitoring WFO, low attendance may lead to losing job

Hiring Spree NatWest Group Citigroup to hire over , people

According to the reports, UK-based relationship bank NatWest Group is planning to hire , candida...

Hiring

Jul 14, 2023

Work Model

Citi will hold employees Accountable for office attendance

As per Reuters, an American multinational investment bank and financial services corporation, Citi will start holding employees ‘accountable’ for office attendance. The Citi Bank said in a statement, “We are committed to our hybrid work model and proud of the flexibility it provides our colleagues to work at least three days per week in the […]

Jun 23, 2023

Layoffs

Alphabet fires Waymo employees; Citigroup Cuts Hundreds of Jobs

The year 2023 started on a Layoff note. Now, Google Parent Company Alphabet, Citigroup, and General Motors have announced fresh layoffs. 107,780 employees were sacked from various companies this year in January 2023. However, in February 2023 the number has reduced to 47,533 impacted employees. And in March to date, 2,070 employees have been sacked. Recently, in […]

Mar 3, 2023

Compensation

Citigroup CEO Jane Fraser Gets 9% Salary Hike

An American multinational investment bank and financial services corporation, Citigroup Chief Executive Officer (CEO) Jane Fraser will receive a salary hike of 9%. Jane Fraser has been associated with Citigroup since July 2004. She joined the group as a Head of Client Strategy. According to Bloomberg reports, The pay has increased from $22.5 million in 2021 to […]

Feb 23, 2023

Hiring

Citigroup plans to hire 500 people for its new wealth unit

Investment bank and financial services corporation, Citigroup Inc. is planning to hire nearly 500-person over the next three years. The hiring will be for its new wealth division. As the company is on a hiring spree, Citigroup will be catering to junior employees at private equity offices, consultancies, and accounting firms, betting those clients will […]

Aug 3, 2022

Appointments

Milind Joins Kotak Mahindra Bank as its Chief Technology Officer

Kotak Mahindra Bank today announces the appointment of Milind Nagnur as President & Chief Technology Officer (CTO). Milind brings with him more than 20 years of global experience in technology leadership roles predominantly in the banking and Fintech space. He has an extensive background in highly regulated financial industries and managing large-scale portfolios of critical, […]

Aug 2, 2022

Hiring

Citi Commercial Bank launches in Canada; will hire 900 people

Citi has launched Citi Commercial Bank (CCB) in Canada as part of a global expansion announced earlier in 2022. Citi Commercial Bank (CCB) delivers Citi’s wide array of institutional products and solutions to meet the evolving needs of mid-size corporates as they grow rapidly and expand internationally. A division of Citi’s Institutional Clients Group (ICG), […]

Jul 21, 2022

Hiring

Citigroup is hiring 4,000 people, looking for a digital explosion

Citigroup is planning to hire nearly 4,000 people to join its tech team, the company is trying to digitalize as much of its client experience as possible. Currently, Citigroup employs more than 30,000 software engineers. The employment opportunities at Citigroup will be in the areas of Data specialists as the particular demand across the banking […]

Jun 8, 2022

Industry

Axis Bank to absorb 3,600 Citi employees post takeover

Citibank has announced an agreement to sell its consumer business in India to Axis Bank. The sale includes credit card business, retail banking, wealth management, and consumer credit. Having acquired the loans, credit cards, wealth management and retail businesses of Citibank in India, Axis Bank is now willing to absorb Citi’s 3,600 employees. They will […]

Apr 1, 2022

Industry

No jab, no job: Citigroup to fire unvaccinated staff this month

Citigroup Inc staff in the United States who have not been vaccinated against COVID-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, according to a company memo seen by Reuters on Friday. The U.S. bank announced its plan to impose new […]

Jan 8, 2022

CHRO Move

Emeritus elevates Ganesh S as Global CHRO

Emeritus, a global EdTech Startup has announced the elevation of Ganesh S as Global Chief Human Resource Officer from his most recent role as CHRO. Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating […]

Jan 5, 2022

Industry

‘I was wrong’: Omicron wrecks CEOs’ plans for office return

Just as it seemed like corporate America was on a path toward normalcy, a new wave of Covid Omicron uncertainty is upending business plans from Wall Street to Silicon Valley. Manhattan holiday parties are being canceled and banks are contending with fresh outbreaks as the omicron variant spreads. Citigroup Inc. said staffers in the New […]

Dec 17, 2021

Appointments

Citi Group appoints a new Chief Diversity Officer

Citi Group appoints Erika Irish Brown as Chief Diversity Officer Citi Group has hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity strategy, the bank said on its website on Friday. Brown joins Citi as its chief diversity, equity and inclusion officer after leading similar efforts at Goldman Sachs since mid-2018. Brown previously worked […]

Mar 27, 2021