Banking giant Citigroup has announced plans to ax 300 of its senior management employees as part of its biggest restructuring in two decades.The job cuts began on Monday and amount to around 10 percent of its workforce at that level, sources told . It comes amidst widespread layoffs in a host of sectors this year. According to tracking website , tech companies slashed more than 244,000 in 2023 alone - more than the whole of the pandemic.
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