Citigroup moves almost 1,000 tech jobs to India after it cuts workforce in China

Citigroup Inc. has moved close to 1,000 tech jobs to India’s business support centers following cuts to its workforce in China, according to people familiar with the matter. The Wall Street lender shifted the jobs in phases over the past few months after it reduced staffing in China as part of a broader global overhaul, said the people, who asked not to be identified because the information isn’t public. Citigroup declined to comment.

Global banks may now send even more work to their Indian support centers after US President Donald Trump’s…