LayoffBlog.com

March 29, 2009

Citi to lay off 65 office cleaners, says report

Struggling financial services firm Citigroup would lay off even its office cleaners, with about 65 of them are expected to leave the
firm in the next few weeks, media report says.

“Citigroup can no longer afford to keep on the people who clean their offices, apparently,” the New York magazine said in its website.

Quoting Service Employees International Union spokesperson Kwame Patterson, the report said “we got notice about two weeks ago that 65 workers will be laid off within the coming weeks.”

Source: The Economic Times

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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