11:44 - 3.03.2023

---

March 3, Fineko/abc.az. American financial services company Citigroup will lay off hundreds of employees from its investment bank division.

ABC.AZ reports that the bank will lay off less than 1% of its 240,000 employees.

According to sources, the reduction will occur in the investment and technology departments.

This week, companies such as Twitter and General Motors also made staff reduction cuts.