About 1,000 jobs cut in a January round
Source-backed update · Reported reduction · Citi
EventReported January 12, 2026
ReportedJanuary 12, 2026
Added to WorkHushJanuary 12, 2026
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Sources
Bloomberg · Jan 12, 2026Supports: Citing people familiar with the matter, reported that Citi would cut about 1,000 jobs that week as part of its plan to eliminate 20,000 roles by the end of 2026.Open the sourceRetail Banker International (via Yahoo Finance) · Jan 13, 2026Supports: Reported the roughly 1,000 cuts, citing Reuters and Bloomberg, and quoted a Citi spokesperson saying the bank would continue to reduce headcount in 2026.Open the source
Not in the sources
Which teams and locations were affected is not established; Citi acknowledged the changes and said it would keep reducing headcount in 2026, but did not confirm the 1,000 figure.
More job cuts in January 2026 ›