https://www.reddit.com/r/FinancialCareers/s/Mgw1iOMZwh

Citi layoff 7000

Software Developer

Citi layoff 7000- Grapevine

Citigroup Inc is laying off less than 1% of its workforce, excluding its remediation team working on a consent order, people familiar with the matter said on Thursday.

Citigroup to lay off less than 1% of staff - source

Citi firing 2400

Software Engineer

Welcome to Software Engineers's Private Community

https://www.bloomberg.com/news/articles/2024-01-12/citigroup-to-cut-20-000-roles-in-fraser-s-bid-to-boost-returns

Citi to layoff 20k 😥

Welcome to Personal Finance's Private Community

They've hired Boston Consulting Group to help them carry out their plan. The plan is to cut atleast 10% in major units. The project is termed Project Bora Bora. 

They will be eliminating regional managers, co-heads and other employees with overlapping responsibilities.

Chief of staffs and chief administrative officers will be cut this month. Operations staff who aided divisions that have been divested or reorganized are also at higher risk of layoffs.

Citi Bank is reportedly going to cut 24,000 jobs worldwide

The Consultant life is all about chilling and billing. You chill and then you bill for the chaos

Product Manager

DevOps Engineer

https://www.moneycontrol.com/news/business/cognizant-says-revenue-will-decline-in-2023-to-lay-off-3500-employees-10523261.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts

Cognizant to layoff 3500 Employees

Founder

Saw this article https://m.economictimes.com/news/international/business/morgan-stanley-plans-more-job-cuts-us-media/amp_articleshow/99919947.cms

Is Morgan stanley laying off?

Analytics Manager

Welcome to Indian Startups's Private Community

Fi lays off 10% workforce

https://m-economictimes-com.cdn.ampproject.org/v/s/m.economictimes.com/tech/technology/accenture-to-cut-19000-jobs-trims-forecasts/amp_articleshow/98943110.cms?amp_js_v=0.1#webview=1&cap=swipe

Accenture Layoff

Business Development Manager

Welcome to News Discussion's Private Community

Goldman Sachs laying off a big chunk of their workforce, about 4000!

Layoffs

The financial service company will likely streamline its operations and adapt to market conditions. The Mastercard layoffs are expected to impact many employees worldwide to align its resources with the company's goals. As per reports, the job cuts are anticipated to be completed by September 30

Mastercard Layoffs-financial service company to yay off 3% of its employees

https://www.cnbc.com/2024/02/14/cisco-cutting-5percent-of-global-workforce-in-restructuring-move.html

Cisco to layoff more than 4000 - That is some big number!

Data Scientist

https://www.desiqna.in/11475/cognizant-fires-18000-employees-gives-crore-joining-salary

Cognizant fires 18000 employees but gives 6 crore joining bonus and 57 crore salary to new CEO in new year - Desi QnA

Consultant

As of now 10 members laid off in consumer banking division in Hyderabad.

Layoffs Started in Goldman Sachs

Analyst

https://www.wsj.com/articles/pwc-laying-off-1-800-employees-plans-restructuring-of-products-business-b5dfe7c1

PWC layoff 1800

"If you have to conduct layoffs, which is always a regrettable thing, there's kind of three things that are very important. One is to communicate well with your employees in order to help them understand why it is you're doing, and how. Second is to make sure that the employees who are part of the go forward, understand kind of what happened and are not like the ground doesn't keep moving. It's like, okay, we did that, we're moving forward, here we go. And then for the employees that you unfortunately have to let go, try to provide as much support for them as possible." ~ Reid Hoffman

Finance Operations

Can we please share the companies which are laying off and kind of roles laid off?

1. Goldman Sachs -Consumer Banking 
2. Twitter -Marketing 
If you have any other companies also please post in comments

List of companies laying off employees in India

Product Owner

https://www.reuters.com/business/media-telecom/nokia-cuts-2000-jobs-china-350-europe-part-cost-cuts-sources-say-2024-10-17/

Nokia to layoff 2000

https://www.cnbc.com/2024/08/19/gm-lays-off-more-than-1000-salaried-software-and-services-employees.html

GM layoffs 1000

Apparently a huge Goldman Sachs layoff is about to come soon. 

The company has taken a huge cost reduction target 

https://www.dailymail.co.uk/news/article-11581161/Goldman-Sachs-CEO-David-Solomon-warns-mass-layoffs-just-weeks-away.html

Layoffs may hit finance soon

Product Marketing Manager

https://www.instagram.com/reel/DBL3lmbR8uk/?igsh=dHF6dDgzYW9wcXZ1

Citi layoff 7000

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