Citigroup moves almost 1,000 tech jobs to India after it cuts workforce in China

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Citigroup Inc. has moved close to 1,000 tech jobs to India’s business support centers following cuts to its workforce in China, according to people familiar with the matter. The Wall Street lender shifted the jobs in phases over the past few months after it reduced staffing in China as part of a broader global overhaul, said the people, who asked not to be identified because the information isn’t public. Citigroup declined to comment.

Global banks may now send even more work to their Indian support centers after US President Donald Trump’s…



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Citigroup moves almost 1,000 tech jobs to India after it cuts workforce in China


Citigroup Inc. has moved close to 1,000 tech jobs to India’s business support centers following cuts to its workforce in China, according to people familiar with the matter. The Wall Street lender shifted the jobs in phases over the past few months after it reduced staffing in China as part of a broader global overhaul, said the people, who asked not to be identified because the information isn’t public. Citigroup declined to comment.

Global banks may now send even more work to their Indian support centers after US President Donald Trump’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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