Citigroup's ESG Analyst Job Cuts: End of an Era or a Strategic Shift?
In a surprising move, Citigroup has decided to cut approximately five ESG analyst positions as part of its larger workforce reduction strategy. While this has stirred concerns about a potential shift away from sustainability, experts suggest it might just reflect broader financial realignments. These cuts are part of Citigroup's broader plan to reduce its global workforce by 20,000 jobs, or 8%, aiming for cost efficiency. What does this mean for the future of ESG at Citigroup and beyond?
Dec 26