Vikram Pandit, Citigroup's chief executive, disclosed the move on Tuesday afternoon at a Goldman Sachs investor conference in New York. Mr. Pandit said Citigroup would take a [...]
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Thursday, December 8, 2011
Citigroup to cut 4,500 jobs, take $400 million charge
Citigroup to cut 4,500 jobs, take $400 million charge: Citigroup Inc. will eliminate roughly 4,500 jobs over the next few quarters, or about 1.6% of its work force, as volatile financial markets and new regulations crimp profits.
Vikram Pandit, Citigroup's chief executive, disclosed the move on Tuesday afternoon at a Goldman Sachs investor conference in New York. Mr. Pandit said Citigroup would take a [...]
Vikram Pandit, Citigroup's chief executive, disclosed the move on Tuesday afternoon at a Goldman Sachs investor conference in New York. Mr. Pandit said Citigroup would take a [...]
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