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Bankruptcy

: The Bankruptcy Blog

No. 2 U.S. Bank to Slash 52,000 Jobs

By Total Bankruptcy.

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Citigroup Inc. just revealed plans to cut 52,000 jobs—15 percent of its workforce—by early 2009. This mass layoff is in addition to the 23,000 jobs that were cut between January and September 2008. Expenses will also be cut by as...

Full post as published by The Bankruptcy Blog on November 18, 2008 (boomark / email).

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