FINANCE & BANKING · NEW YORK, NY

Citigroup layoffs

4,500

Employees laid off

As the company stated them.

2

Layoffs

Since 2025.

Jan 12, 2026

Most recent

About 1,000 employees.

Employees laid off by year

01k2k3k4k 2025: 3,500 employees2026: 1,000 employees 20252026
Chart data
PeriodEmployees
20253,500
20261,000

Layoffs at Citigroup

About 1,000 employees

AI · press

Citigroup moved to eliminate roughly 1,000 positions in mid-January 2026 as part of CEO Jane Fraser's multiyear overhaul, which aims to shed about 20,000 jobs by 2026.

AI
Press reported AI: Fortune reported the cuts are being sped up by Citi's investments in automation and AI.
Source
Fortune (opens in a new tab) News report, Jan 14, 2026

About 3,500 employees

Citigroup said it would cut around 3,500 technology jobs at its China Citi Solution Centers in Shanghai and Dalian by the start of the fourth quarter, shifting some of the work to tech centers elsewhere.

Where
Shanghai and Dalian, China
Source
CNBC (opens in a new tab) News report, Jun 5, 2025

How we count

Each layoff is an announcement a company made or confirmed, with at least one source. Employee totals add the numbers as stated: “about”, “at least” and “up to” figures count as given, and layoffs without a number count toward companies and layoffs only. Headquarters filters use where a company is based, not where the cuts happen.

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