Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term ...

Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from ...

Citigroup plans to significantly reduce the number of year-end promotions to curb costs during its ongoing restructuring, the ...

Citigroup Inc. C is planning to slash the number of year-end promotions it typically grants as it strives to keep expenses ...

As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous rounds ...

Citigroup is slashing the number of year-end promotions it usually awards, as it seeks to hold costs down amid a long-term restructuring to shrink headcount and right the plodding bank.

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.

(Reuters) -Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on Tuesday.