Citi had said in September it would strip out a layer of management and cut jobs in a sweeping reorganization that would give CEO Jane Fraser more direct control
managers and consultants working on CEO Jane Fraser’s reorganization have discussed job cuts of at least 10 per cent in several major businesses, CNBC reported on Monday, citing people with knowledge of the process.
Citi had said in September it would strip out a layer of management and cut jobs in a sweeping reorganization that would give Fraser more direct control as she seeks to simplify the Wall Street giant and boost its stock price.Market data values update automatically. Checking box will enable automatic data updates.
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