175,000 finance jobs to go worldwide

US-based Citigroup recently announced over 13,000 job cuts (around four per cent of their total workforce) and other banks are expected to follow suit.

Financial service employees in London are expected to be the hardest hit; estimates from the Centre for Economics and Business Research predicted a loss of 19,225 jobs in 2008 and 2009.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 25 June 2008