Citi plans to slash 3,500 tech roles in China as global banks cut costs

cnbc.com/2025/06/05/citi-plans-to-cut-3500-tech-roles-in-china-as-global-banks-cut-costs.html

Citigroup said Thursday it plans to cut around 3,500 technology positions in China, in the latest move by a major U.S. bank aimed at streamlining global operations and reduce costs.
The reduction of staff at the China Citi Solution Centers in Shanghai and Dalian is expected to be…

This story appeared on cnbc.com, 2025-06-05 13:08:11.658000.
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