Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo
Lender

Citigroup may cut work force by up to 10 per cent

3 minute read
The Adviser

American television channel CNBC reported that US Citigroup is considering a 5-10 per cent cutback of its workforce, according to Reuters. With a total workforce of 327,000 this could result in redundancies of up to 32,700.

CNBC said the announcement of any redundancies will likely come later this month with the company’s release of its quarterly earnings.

 

default

JOIN THE DISCUSSION

You need to be a member to post comments. Become a member for free today!
You have 0 free articles left this month.
Register for a free account to access unlimited free content, or become a PREMIUM MEMBER to enjoy a wide range of benefits