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Tag: Job Cuts

Job Cuts at Citigroup

Project Bora Bora: Jane Fraser’s Bold Overhaul May Lead to Significant Job Cuts at Citigroup

Project Bora Bora aims to streamline the company and reduce costs. Executives will see cuts beyond 10% due to Fraser’s push to eliminate regional managers, co-heads and others with overlapping responsibilities. The exact number of layoffs has not been disclosed, but the announcement has caused anxiety among the bank’s 240,000 employees. Continue Reading Project Bora…

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