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Citigroup Layoffs

Citigroup Profits Take A Hit

Reuters | Posted 03.19.2013 | Business

* Operating profit 69 cents/share vs Street view 96 cents * Revenue from fixed income markets jumps 58 percent * Legal, ...

Citi Selling Off Another Part Of Its Non-Core Business

AP | Posted 02.27.2012 | Business

NEW YORK — Citigroup Inc. is selling its Belgian consumer business to French bank Credit Mutuel Nord Europe as the New York bank continues to se...

Citigroup To Slash Thousands Of Jobs

AP | PALLAVI GOGOI | Posted 02.05.2012 | Business

NEW YORK (AP) -- Citigroup says it is cutting 4,500 jobs over the next few quarters. CEO Vikram Pandit said the job cuts are part of th...

Citigroup Plans to Lay Off A Third Of Cleaning Force While Taking Bailout Money

Eric Morse | Posted 05.25.2011 | Politics
Eric Morse

As the recipient of a $50 billion tax-payer bailout, Citigroup has come under fire for its corporate spending practices, including a planned $10 million renovation of corporate office suites and a $7.7 million bonus for embattled CEO Vikram Pandit.

Citigroup Cuts' Chicago Impact Still Unclear

AP/Crain's Chicago Business | Posted 05.25.2011 | Chicago

Citigroup Inc. is shedding approximately 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering ...

Citigroup To Cut 2,000 More Jobs

New York TImes | Posted 05.25.2011 | Business

Citigroup plans to lay off another 2,000 investment bankers and traders before the end of the month, people close to the situation said on Wednesday. ...

Reports: Citigroup May Write Down Up To $24 Billion, Lay Off 20,000 Workers

CNBC | Charlie Gasparino | Posted 05.25.2011 | Business

Citigroup could write down as much as $24 billion due to subprime and credit-related losses, CNBC has learned. In addition, the company could lay off ...

Citigroup Plans Second Round Of Large-Scale Layoffs

CNBC | Charles Gasparino | Posted 05.25.2011 | Business

Citigroup, Wall Street's largest financial services firms, is planning its second round of large-scale layoffs in less than a year, CNBC has learned. ...