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Investment Banks: 2024 Hiring Outlook Explained

The year 2024 marks a period of significant transformation within investment banks, characterized by varying strategies in workforce management.

Investment Banks look set to boost hiring on positive dealmaking outlook for 2024. PHOTO: HBO (Industry)

Leading the narrative, Citigroup announced a major downsizing plan, aiming to cut 20,000 jobs as part of its extensive global restructuring.

This contrasts sharply with JPMorgan’s approach, which anticipates an increase in

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