Citigroup to slash 50,000 jobs, expenses worldwide (AFP)



Customers use ATM's at a Citibank branch at the US bank Citigroup world headquarters on Park Avenue, in New York. Citigroup announced Monday it was slashing 50,000 jobs worldwide as the US banking giant tightens its belt further to cope with a global financial crisis and heavy losses.(AFP/Emmanuel Dunand)AFP - Citigroup said Monday it was slashing a near-record 50,000 jobs worldwide as the US banking giant tightens its belt further to cope with a global financial crisis and heavy losses.

Source:Citigroup to slash 50,000 jobs, expenses worldwide
(AFP)

This entry was posted on Monday, November 17th, 2008 and is filed under Yahoo News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
« Several age limits for Neb. safe-haven law in play (AP)
Man who had ricin sentenced to prison »

Leave a Reply

Sponsors

Links

Archive

Weather