Author Topic: Citigroup to lay off 17,000 (Read 465 times)

Matthew · « **on:** April 11, 2007, 09:12:50 AM »

From CNN.com:

Citigroup announced today it is cutting 17,000 jobs in the company's first restructuring in 10 years, eliminating about 5.2 percent of its work force of 327,000 full-time employees. The company also said it will move 9,500 jobs to "lower-cost locations." Citigroup, which has operations in 100 countries, has more than 8,000 bank branches and 200 million customers.

CampeadorShin · « **Reply #1 on:** April 11, 2007, 01:37:31 PM »

So it's going to lay off Americans and offsource to the third world?

Author Topic: Citigroup to lay off 17,000 (Read 465 times)

Matthew

Citigroup to lay off 17,000

CampeadorShin

Citigroup to lay off 17,000