Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...
Citigroup lands in a familiar place with the gloomiest of the Wall Street forecasts for jobs: it's forecasting 120,000 jobs, the unemployment rate to rise to 4.4% and a 0.2% rise in average hourly ...