Citigroup to Resume Job Cuts After Pausing for Pandemic

Bloomberg, Sept. 14, 2020–Jennifer Surane
The reductions will come as Citigroup is facing a likely revenue drop and another increase to loan-loss reserves this quarter as the pandemic drags on, as well as years of expenses to improve risk controls.
https://www.bloomberg.com/news/articles/2020-09-14/citigroup-to-resume-cutting-jobs-ending-pause-during-pandemic?srnd=premium