Citi Cuts 3,500 Tech Jobs in China

  Published 1 year ago

Citigroup is reducing its China tech workforce by 3,500, shifting roles globally to improve risk and data management. This is part of a larger restructuring impacting multiple countries, while Citi expands its securities business in China.

  • Job cuts target Shanghai & Dalian centers.
  • Citi is hiring full-time IT employees.
  • Around 2,000 staff remain in China.

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