Banking

Banking and markets staff impacted by Citigroup’s Irish job cuts

Internal documents show the roles impacted by cuts at US banking giant and some workers’ unhappiness at the handling of the process so far

Citi: US banking giant is cutting jobs in Ireland as part of a global round of cuts. Picture: Getty

Banking and markets staff will be targeted by layoffs at Citigroup’s Irish office as the US banking giant imposes 168 job cuts here.

The US banking giant last week informed 168 staff at its Irish operation – its EU headquarters, where it employs around 2,900 people – that their roles were at risk as part of a global round of nearly 20,000 job cuts that has been imposed after it reported a $1.8 billion loss ...