![]() Wall Street Journal |
Citi to Cut 11000 Jobs as New CEO Moves to Slash Costs
Wall Street Journal Citigroup, under increasing pressure, said it will eliminate 11,000 jobs, about 4% of its work force, and take a related $ 1 billion fourth-quarter charge. Colin Barr reports on Markets Hub. Photo: AP. Enlarge Image. image. Close. image. Getty Images. A Citibank … Citigroup slashes 11000 jobs as Sandy hits US employment growth Citigroup cutting 11000 jobs, taking $ 1 billion in charges Citigroup to cut more than 11000 jobs as it looks to lower expenses |