Searched for
CITI WORKFORCE REDUCTION
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
Betting on India’s travel boom? Motilal Oswal sees TBO Tek and Ixigo as key beneficiariesThe industry has evolved significantly over the past two decades—from a fragmented, offline agent-driven market to a digitally enabled ecos...
Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job lossAfter being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an i...
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
Why India’s next real estate cycle could be driven by retail investors and REITs, Sandipan Roy explainsIn an interaction with Sandipan Roy, Chief Investment Officer (CIO), at Motilal Oswal Private Wealth, he explains why India’s next real est...
Google co-founder Sergey Brin donates $500,000 to fight overpaid CEO tax: 'fled socialism with my family in 1979...'Google co-founder Sergey Brin has stepped into San Francisco’s heated tax debate with a USD 500,000 political donation aimed at opposing a ...
Eating out or ordering online may soon cost more: Food services set to become 5–10% costlier starting next week amid fuel price hikeEating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant costs. This will lead to a 5-10% rise in...
Mass layoffs at Goldman Sachs? President John Waldron says "digital agents will be our robots, human assembly lines to be more digitized"Goldman Sachs is integrating generative AI 'robots' to automate tasks, aiming to boost productivity and cut costs without mass layoffs. Pre...
Work From Home for IT employees soon? Read NITES full letter in which IT union has urged govt to issue mandatory WFH advisoryThe Nascent Information Technology Employees Senate (NITES) has urged the Union Labour Ministry to issue an advisory for mandatory work-fro...
IT employees’ body seeks official work-from-home mandate for 5.8 million workforce after PM’s messageIndia's IT employee body, NITES, has urged the Labour Ministry to mandate work-from-home for its 5.8 million workforce. This move aligns wi...
Oracle cuts 700 jobs in first wave — fears grow of massive layoffs that could hit 30,000Oracle Layoffs Explained: Oracle is initiating significant job cuts. Hundreds of employees in California and Seattle face layoffs. Analysts...
IBM workforce changes 2026 explained: Why is IBM cutting jobs while planning to hire more? Here are the roles it's hiring for and what it plans nextIBM layoffs and hiring: IBM is undergoing a significant transformation, shifting its focus to hybrid cloud and artificial intelligence. Thi...
Citigroup plans another round of layoffs after 1,000 jobs cut: Here's when will it happen, who's at risk and what employees need to knowCitigroup layoffs 2026: Citigroup is preparing for more job cuts in March. These layoffs are expected to affect senior employees. This move...
‘Workforce adjustment notices’ reach Health Canada as thousands of federal workers’ jobs are at riskThousands of federal workers in Canada face potential job cuts. Many have received notices warning of layoffs. This comes as the government...
Citi CEO Jane Fraser's stark warning to staff amid bank's job cut announcement, says 'every one of us has to adopt...'In a memo titled 'The Bar is raised', Citi CEO Jane Fraser has issued a stark warning to employees to improve their performances this year,...
Citigroup set to cut 1,000 jobs this week as CEO pushes 20,000-role global overhaul — is Jane Fraser’s restructuring strategy aimed at lifting Citi earnings?Citigroup will cut about 1,000 jobs this week as part of a 20,000-role global restructuring. CEO Jane Fraser aims to streamline operations,...
Citigroup slashes promotions as it seeks to overhaul bank, FT reportsCitigroup is drastically reducing year-end promotions, impacting around 2,000 employees compared to approximately 8,000 in previous years, ...
Employment in power & energy sector to surge 9%: ReportThe power and energy sector in India is projected to see a 9.01% workforce growth in the first half of 2024-25, driven by government initia...
- Citigroup to axe 4,500 jobs in coming months: Vikram Pandit
Citigroup's Vikram Pandit has announced 4,500 jobs cuts worldwide in the coming months as the US financial major seeks to trim costs.
- Nearly one lakh jobs evaporate in Jan, still counting
Even the New Year seems to have a liking for layoffs, with nearly one lakh employees worldwide being shown the door so far in January, as c...