Citigroup to cut IT contractors by 30%

timesofindia.indiatimes.com

Citigroup will reduce its IT contractor workforce by 30%, lowering their share from 50% to 20%. This move comes after regulatory penalties and fraud incidents. The bank aims to enhance its internal technology capabilities and improve compliance with regulatory standards.


With a significance score of 2.7, this news ranks in the top 27% of today's 17884 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.


loading...