Citigroup

FinanceAI-Cited Layoffs

United States3 layoff rounds tracked

41,000

Total Jobs Cut

January 2026

Most Recent

20,000

Largest Single Layoff

Yes

AI Cited

Layoff Timeline

January 2026

1,000 jobs cut

AI-CITED

Reason: Automation and AI systems reducing middle-office operations needs

Source: Intellizence

August 2025

20,000 jobs cut

Reason: Organizational simplification and cost reduction

Source: WSJ

January 2025

20,000 jobs cut

Reason: CEO Jane Fraser major restructuring; eliminating 20,000 positions medium-term

Source: People Matters

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