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Citigroup Plans to Hire 4,000 Tech Staff to Tap Into ‘Digital Explosion’

  • Firm seeks to put more institutional client services online
  • Demand for tech workers has intensified across industries
Citigroup headquarters in New York.

Citigroup headquarters in New York.

Photographer: Victor J. Blue/Bloomberg

Citigroup Inc. plans to hire more than 4,000 tech staff to help move its institutional clients online in the wake of the pandemic. 

More than 1,000 of the recruits will join the markets technology team as part of an aggressive growth strategy, Jonathan Lofthouse, head of markets and enterprise risk technology, said in an interview.