Citigroup recently made the decision to lay off 30 professionals from its London markets team.
![High angle viewpoint of Citigroup office. Photo: Getty Images](https://krugmaninsights.com/wp-content/uploads/2023/09/download-5-1024x682.jpeg)
This move comes as a surprise, given that Citigroup had previously announced plans to reorganize and eliminate certain positions.
However, the bank has not provided any public statement regarding these recent job cuts.