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Citigroup Gears Up for Another Round of Layoffs in March

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Investment banking company Citigroup is reportedly planning additional layoffs in March.

Citigroup Gears Up for Another Round of Layoffs in March

Citigroup (C) is reportedly planning more layoffs in March after cutting around 1,000 jobs this month, according to Reuters. The new round of job cuts is expected to be announced after employees receive their bonuses, though the sources did not provide details on how many workers or which locations will be affected. Citigroup stock is down by 0.22% in pre-market hours today.

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