Citigroup: We're Cutting 11K Jobs

Bank says move will save $900M in 2013

By Newser Editors and Wire Services

Posted Dec 5, 2012 8:48 AM CST

(Newser) – Citigroup says it will eliminate more than 11,000 jobs in an effort to cut expenses and improve efficiency. The cuts will result in about $1 billion in charges in the fourth quarter and about $100 million in charges during the first half of next...   Read full story »


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