About 3,500 tech roles cut at two China centers
Source-backed update · Announced reduction · Citi
EventAnnounced June 5, 2025
ReportedJune 5, 2025
Added to WorkHushJune 5, 2025
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Sources
Reuters (via Yahoo Finance) · Jun 4, 2025Supports: Reported that Citi confirmed cutting about 3,500 jobs at its China Citi Solution Centres in Shanghai and Dalian, with the reduction expected to be done by the start of the fourth quarter of 2025.Open the sourceCNBC (via NBC Washington) · Jun 5, 2025Supports: Reported that Citi confirmed the plan in a statement, that most affected roles were in its IT services unit, and that some roles would move to tech centers elsewhere.Open the source
Not in the sources
How many of the roles are moving to other Citi tech centers, and where, was not disclosed.
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