Citigroup cutting 11000 jobs, taking $1 billion in charges – Reuters
December 5, 2012 by goldguru · Leave a Comment
New York Daily News |
Citigroup cutting 11000 jobs, taking $1 billion in charges
Reuters Wed Dec 5, 2012 10:18am EST. (Reuters) – Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.1 billion a year in expenses. Citigroup to Cut 11000 Jobs and Take $1 Billion Charge Citigroup to cut more than 11000 jobs as it looks to lower expenses Citigroup to Cut 11000 Jobs |