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Citigroup Exclusive: 7,000 Job Cutting Plan Reversal Explained

Citigroup has successfully completed a major restructuring initiative dubbed Project Bora Bora, resulting in the elimination of 7,000 jobs in the first quarter of 2024.

PHOTO: Citi
PHOTO: Citi

Initiated by CEO Jane Fraser in September, the strategy aimed to streamline operations and concluded on March 31. Under Fraser’s directive, Citigroup streamlined its structure by

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