Citigroup Plans China Technology Layoffs
This is a Shanghai news story, published by CNBC, that relates primarily to the China Citi Solution Centers news.
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Citigroup plansCNBC
•Business
Business & Economics
Citi plans to slash 3,500 tech roles in China as global banks cut costs

83% Informative
The reduction of staff at the China Citi Solution Centers in Shanghai and Dalian is expected to be completed by the start of the fourth quarter .
The jobs affected are mostly in the information technology services unit.
Some of the roles will be moved to Citi 's technology centers elsewhere, without specifying the numbers of jobs or specific locations.
VR Score
87
Informative language
90
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53
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formal
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English
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62
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Attention-grabbing headline
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short-lived
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