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Real Estate & Property Law

: Housing Wire

Citi Plans Deep Layoffs; Likely Not Alone, Sources Say

By PAUL JACKSON

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Citigroup Inc. (C: 9.25 -2.84%) said Monday morning will cut as many as 53,000 jobs in the coming next few quarters as the the financial giant continues to try to adjust to currently sour market conditions. The company will move headcount down approximately 20 percent from its peak of 375,000 employees at the end of [...]

Full post as published by Housing Wire on November 17, 2008 (boomark / email).

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