Citigroup CEO Tells Employees to Embrace Overhaul or Leave as Bank Faces Restructuring

Citigroup CEO Jane Fraser recently sent a tough message to the company's 240,000 employees saying it's time to "deliver the change or get off the train".
This comes after Fraser announced the biggest restructuring in 15 years to give her more control and simplify the bank.
Fraser faces the challenge of making Citigroup less risky and more profitable after taking over as CEO in 2021.
Although details are unclear, Fraser's overhaul plan has sparked concerns about potential job cuts.
Fraser said her restructuring decisions may be unpopular but are necessary to benefit shareholders.

ndtv.com

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