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Apr 10, 2024 · Five companies announced NJ layoffs in 2024: The Bank of New York Mellon Corporation, TD Bank, Prudential Financial, Citibank and JPMorgan ...
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Apr 16, 2024 · The layoffs were part of a broader goal to reduce Citi's staffing by 20,000 over the next two years.
Jan 25, 2024 · Comerica's layoffs eliminated 3% of its workforce in the fourth quarter of 2023, alongside the closure of 26 branches.
Oct 19, 2023 · Big banks are quietly cutting thousands of employees, and more layoffs are coming. Even as the economy has surprised forecasters with its ...
Jan 12, 2024 · Citigroup's headcount fell by 1,000 to 239,000 employees in 2023, and the lender outlined plans to cut 20,000 jobs over the next two years ...
Oct 23, 2023 · Big banks have collectively laid off over 20,000 employees, with more rumored to be on the way in the coming months · The news comes as several ...
The layoffs come as the fintech is still working to close the SPAC merger it announced in August 2021. The bank was already mulling headcount and compensation ...
Mar 21, 2024 · Barclays and Citigroup are set to cut jobs from their investment bank divisions, people familiar with the cuts told Bloomberg on Wednesday.
Dec 6, 2023 · Wells Fargo CEO Charlie Scharf is planning to take an aggressive approach with layoffs in 2024 after already cutting jobs at the bank.