BIGGEST LAYOFF news of the year? 20,000 employees?

Citigroup Layoffs: As part of the mega restructuring, Citigroup will cut down its global workforce of 2,39,000 by 20,000 - or roughly 8% of staff - through 2026, including layoffs from the sweeping reorganisation, CFO Mark Mason said. "In all, Citigroup's firmwide headcount will decline by 60,000 jobs to 180,000 by the end of 2026," Mason revealed.