Reported about 6 hours ago
Citigroup's expenses for refurbishing its London headquarters have soared to $1.5 billion, surpassing its original acquisition cost of $1.63 billion. This significant investment, aimed at modernizing the workplace and attracting employees back to the office, reflects Citi's commitment to the UK, where it employs 14,000 people. The extensive renovation project, which initiated in 2022, includes creating new gardens and amenities while enhancing energy and water systems.
Source: YAHOO