LayoffBlog.com

November 17, 2008

Citigroup to cut more than 50000 jobs

CNN Money: “Citigroup said Monday it planned to cut more than 50,000 jobs, the latest move by the struggling bank to cut costs in order to weather the credit crisis plaguing Wall Street.”

Full story

Update (Bloomberg; 11/17/2008; 17:10): Citigroup’s Pandit Targets 52,000 Jobs to Eliminate

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