Citigroup to Cut 11000 Jobs, Take $1 Billion Charge – Businessweek
 New York Times |
Citigroup to Cut 11000 Jobs, Take $ 1 Billion Charge
Businessweek Citigroup Inc. (C) Chief Executive Officer Michael Corbat, who took over less than two months ago, will cut more than 11,000 jobs and pull back from some emerging markets to drive down costs as revenue dries up at global banks. The lender will take a $ 1 … Wall Street's Job Cuts Keep Getting Bigger, Expect Worse Next Year Analysis: Citi cuts don't signal economic woes Corbat's Strong First Inning at Citi |
