Citigroup's head of technology Tim Ryan told staff in recent weeks that the bank aims to cut back external contractors to 20% of those working in IT from the current 50%, according to an internal presentation to employees seen by Reuters. The briefing did not give a precise time horizon for the changes.
Diese Geschichte stammt aus der March 14, 2025-Ausgabe von Mint Hyderabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 14, 2025-Ausgabe von Mint Hyderabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Impact of Trump tariffs: Bridge the clarity deficit
The White House has been telling Americans it's taxing foreign exporters. However, tariffs hit the poor at home the hardest. Trump's are clearly being packaged for a post-truth world
Citi Plans to Slash IT Contractors, Hire Staff to Aid Controls
Citigroup plans to dramatically reduce its reliance on information technology (IT) contractors and hire thousands of employees for IT as the lender grapples with regulatory punishments over data governance and deficient controls.
Finding the key to joy in Nordic countries
Big and small acts of kindness, solidarity and community spirit ensure the Nordic people remain content
How Reinsurers Can Help Bridge India's Huge Protection Gap
India's insurance industry is growing rapidly, supported by robust economic growth, an expanding middle class, innovation, and strong regulatory support.
Intel Names Chip Veteran Lip-Bu Tan as Next CEO
Intel Corp. named Lip-Bu Tan as its next chief executive officer (CEO), entrusting a former board member and semiconductor veteran with one of the toughest jobs in the chip industry.
Ramco faces setback as state mining tax may raise costs
At a disadvantage
Trai Plans To Limit Satellite Permits To Five Years, Defying Starlink
The telecom regulator plans to recommend that satellite broadband spectrum be allotted for around five years to assess initial market adoption, defying Elon Musk's Starlink, which is seeking a 20-year permit, said a senior government official.
India to deliver US summons to Adani
The Union government has asked a local court to deliver a summons issued by the US Securities and Exchange Commission (SEC) to billionaire Gautam Adani over alleged securities fraud and a $265 million bribery scheme, according to a letter seen by Reuters.
Southern Stars Turn to OTT as Medium Gains Momentum
OTT also offers upfront fixed payments, ensuring predictable income, industry experts say
HDFC Life enhances security protocols
DFC Life Insurance on Thursday said the company faced data theft last year and the issue has been addressed.