Citi's (C) to reportedly lay off more workers in March after bonus season

Citi's decision to lay off more workers post-bonus season indicates a likely focus on cost-cutting measures amid challenging market conditions.

Newsquawk StaffPublished 23 Jan 2026, 11:52 UTCOn the live feed at 11:32 UTC — 3 more headlines followed before this page went public

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11:46

ECB's Kocher says trade threats raise economic risks; would be cautious in adjusting policy pre-emptively against rising geopolitical risk

11:40

Abbott Healthcare (ABT) under regulatory scrutiny in India amid an investigation into cough syrup abuse

11:32

Citi's (C) to reportedly lay off more workers in March after bonus season

11:30

Indian Foreign Exchange Reserves (Jan/16) 701.36 (Prev. 687.19, Rev. From 687.19)

11:26

China’s securities regulator has expanded futures market access for overseas investors

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Context

This move suggests potential structural changes within the organization and could have implications for future profitability and operational efficiency, particularly in its competitive landscape. Watch for any sector-wide impacts or further consolidation trends among banks as they respond to similar pressures.

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