Citigroup announced a 30% reduction in IT contractors, aiming to cut their numbers from 50% to 20% of the IT workforce. This ...

Analysts say heavy dependence on outsourcers makes it harder for Citi to meet regulatory requirements. To address this, the ...

Some of those banks — including Citibank ... job cuts in New Jersey this year. A spokesperson said there are 12,000 employees working in the state — 10,000 of them in Jersey City — with ...