Citi puts pay-equity analysis on hold amid cuts to its workforce

Published Updated 4 Min Read

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Bloomberg News

Citigroup, which has been a leader in reporting pay inequities among its employees, has not yet conducted a pay-gap analysis for 2023, citing ongoing efforts to realign its workforce.

The New York banking giant disclosed Tuesday that it “paused” its annual practice of reviewing racial and gender pay gaps last year due to ongoing “organizational and management simplification initiatives” that have been underway for the past six months.

Allissa Kline
Reporter

Allissa Kline is a Buffalo, New York-based reporter who writes about national and regional banks and commercial and retail banking trends. She joined American Banker in 2020 and previously worked for … Read full bio


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