Citigroup plans to cut 11,000 jobs, close some branches (Photo: Shannon Stapleton / Reuters) Banking giant Citigroup announced Wednesday that it would cut about 11,000 jobs, or about 4 percent of its global work force, and shutter some branches in an attempt to save as much as $1.1 billion a year in costs. Read the complete story.
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Citigroup plans to cut 11,000 jobs, close some branches

(Photo: Shannon Stapleton / Reuters)

Banking giant Citigroup announced Wednesday that it would cut about 11,000 jobs, or about 4 percent of its global work force, and shutter some branches in an attempt to save as much as $1.1 billion a year in costs.

Source: nbcnews.com

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    THE REAL QUESTION: But how much...pay and bonuses will
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    Whoa.
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