Citigroup

Business • Jobs & Careers
Citigroup CEO bans internal video calls on Fridays
Jane Fraser, Citigroup CEO
Jane Fraser, Citigroup CEO Credit: Palácio do Planalto (Creative Commons Attribution 2.0)

Citigroup CEO Jane Fraser told staff that she is banning internal video calls on Fridays, encouraging workers to set boundaries for a healthier work-life balance and instituting a firm-wide holiday called Citi Reset Day as Covid pandemic fatigue takes a toll on employees.

"When our work regularly spills over into nights, very early mornings and weekends, it can prevent us from recharging fully, and that isn't good for you nor, ultimately, for Citi," Fraser said.

Regional News • Americas • United States
U.S. businesses cut Republican party donations in wake of Capitol siege on January 6
U.S. businesses cut Republican party donations in wake of Capitol siege on January 6
Credit: Marriott International

Citigroup, JPMorgan, Mariott International and a major health insurance company confirmed on Sunday that they were rethinking their political donations following the deadly Capitol siege on Wednesday.

Candi Wolff, head of Citigroup's global government affairs, sent a memo to employees on Friday saying that "we will not support candidates who do not respect the rule of law."

The board of the PGA of America voted to not hold one of golf's four major championships at Trump's New Jersey course. Seth Waugh, CEO of the PGA of America, defended the decision, saying: "We're fiduciaries for our members, for the game, for our mission and for our brand.