Citizens Financial Group to lay off 900 workers
Published: December 19, 2008
Citizens Financial Group says it’s laying off 900 employees.
Mike Jones, a spokesman for the financial services company, says the employees affected by the layoffs will be notified in the coming year. He says the cuts were being made across the commercial, retail and global transactions sectors.
Employees in 13 different states, including Rhode Island and Massachusetts, are being affected.
Citizens Financial Group has about 24,500 workers overall. Its subsidiaries are Citizens Bank and RBS Citizens, N.A.
Jones says no additional job cuts are planned.
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