Citigroup plans to slash IT contractors, hire staff to improve controls

[impish9208]

https://www.reuters.com/business/finance/citigroup-plans-slash-it-contractors-hire-staff-improve-controls-2025-03-13/

[steviekong]

Citi was in deep trouble long before this. I don’t find it surprising they are trying to cut costs. I’ll be less surprised if they are sold off to a larger bank soon.

[horns4lyfe]

Who weird have imagined that outsourcing work with sensitive financial data to cheap Indian contractors would do poorly? And so the wheel turns

[SaaSasaurus]

I predict, in a few weeks, we'll hear more about Citigroup's amazing AI that will replace said slashed IT contractors :)