Wednesday, December 5, 2012

Citigroup Job Cuts: Bank Plans To Slash 11,000 Jobs In Aim To Save As Much As $1.1 Billion Per Year - The Huffington Post

* Cuts include technology and support jobs around the world

* Consumer banking due for 35 pct of restructuring charges

* Company expects annual expense savings of $1 billion

* Stock rises 4 percent on news

Read more:  http://www.huffingtonpost.com/mobileweb/2012/12/05/citigroup-job-cuts_n_2243975.html?utm_hp_ref=daily-brief?utm_source=DailyBrief&utm_campaign=120512&utm_medium=email&utm_content=NewsEntry&utm_term=Daily%20Brief