big-bank-layoffs

JPMorgan is one of the few big U.S. banks that is still adding branches to its network, but to boost profit it plans to scale
Still reeling from the financial crisis, Citigroup is cutting down 4% of its staff to save $1.1 billion in annual expenses. Could this new direction be what it needs?
* Consumer banking due for 35 pct of restructuring charges Citigroup shares rose nearly 4 percent to $35.62 in New York Stock
Additionally, new guidelines from the Equal Employment Opportunity Commission now make it easier for employers to hire workers