FINANCE - BANKING: Citigroup to slash 50,000 jobs

After four consecutive quarters of heavy losses, US banking giant Citigroup has announced it will cut up to 50,000 jobs as the global economic crisis worsens. The latest job cuts are in addition to the 22,000 already announced.

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FINANCE - BANKING: CITIGROUP TO SLASH 50,000 JOBS

France 24 - November 17, 2008 (World)

After four consecutive quarters of heavy losses, US banking giant Citigroup has announced it will cut up to 50,000 jobs as the global economic crisis worsens. The latest job cuts are in addition to the 22,000 already announced. More...

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