âš¡Layoffs: Citigroup Planning To Reduce 30% of Workforce, Reduce Third-Party IT Contractors
By Kalpeshkumar Patelia
Citigroup, the US-based banking giant, will reportedly cut 30% of its tech workforce to reduce dependence on third-party IT staff. The Citigroup layoffs move was followed by the recent USD 22.9 million fraud incident.