Citibank told their employees to work from home in December and common understanding was that it would make the upcoming layoffs easier (quick Zoom with HR and

Citibank told their employees to work from home in December and common understanding was that it would make the upcoming layoffs easier (quick Zoom with HR and mailing the hardware back to the office is all it takes). In addition their Q4 results came in REALLY bad ($1.8b loss) so they're using it to justify the cuts to appease the investors.