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.
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.
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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