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Bank Plans To Slash 11,000 Jobs
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?
Citigroup Job Cuts: Bank Plans To Slash 11,000 Jobs In Aim To Save As Much As $1.1 Billion Per Year
* Consumer banking due for 35 pct of restructuring charges Citigroup shares rose nearly 4 percent to $35.62 in New York Stock
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