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The company declined to provide an estimate of how many senior executives were impacted by the reduction and called it "a flattening of the organization."
February 1 -
The financial institution will pay $350,000 in layoff expenses to leave a business beset by high rates and a crowded playing field relative to current demand.
October 30 -
Offices impacted are located in Chicago, Cincinnati and Kansas City, a company representative said Wednesday.
August 17 -
Staff retained or added for the spring homebuying season has stemmed the tide of layoffs for now, according to the Bureau of Labor Statistics' latest figures.
June 2 -
The Philadelphia-based company will eliminate an undisclosed number of jobs as part of a plan to refocus on core business lines and markets, CEO Thomas Geisel said.
May 5 -
Other positions are being eliminated nationwide, with just 50 to 60 people remaining to manage the company's mortgage servicing rights.
April 20 -
The company counts nearly 2,000 employees on LinkedIn, and operates two wholesale divisions alongside the impacted retail channel.
April 3 -
The mega-lenders headcount was 5,194 at the end of the fourth quarter
March 16 -
The disclosures follow full year and fourth quarter earnings reports in which each company revealed big declines from booming performances in 2021.
March 3 -
The cuts amount to less than 1% of Citigroup's 240,000-person workforce, according to people familiar with the matter.
March 2