Citigroup slashing 11,000 jobs globally

12/5/2012 | Wall Street Journal, The

Citigroup says 11,000 jobs will be cut worldwide as it takes steps in light of declining revenue and share price. The global consumer-banking unit will bear the brunt, with 84 branch closures planned. Citi's move is the first strategic action since the departure of CEO Vikram Pandit.

View Full Article in:

Wall Street Journal, The

Published in Brief: