Citigroup Layoffs

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

Eric Morse | Posted 05.03.2009 | 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 12.18.2008 | 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 03.28.2008 | 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 03.28.2008 | 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 03.28.2008 | 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. ...