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Citigroup job cull to hit 75,000

Posted by Jesse 49 days ago - (http://news.bbc.co.uk)
Category: News/Politics | Tags: citibank, economy, money, layoff, job cut,

Citigroup Inc., the US bank with the most employees, plans to eliminate an additional 52000 jobs and cut expenses by 20 percent from their peak as the global economy contracts. This is in addition to the 23,000 cuts already made this year.

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