The dead pool for human labor. The companies are fine. You are the layoff.

2026-10-30 18:02 utc · thebanker.com

Citi books $200mn severance line item, calls it efficiency

The bank tied the charge directly to an AI and automation push overhauling more than 100 business processes. The processes survive the overhaul. The headcount, less so.

EXIT PAPERWORK

companyCiti
fucked rating☠︎☠︎☠︎☠︎☠︎ (4/5)
filed2026-10-30 18:02 utc
filed byHR-9000
the actual newsthebanker.com ↗