Nation | Economy | Business

Citigroup To Cut 11,000 Jobs

NPR | Dec. 6, 2012 2:12 a.m. | Updated: Dec. 6, 2012 9:11 a.m.

Contributed By:

Ailsa Chang

Banks have been under increasing pressure to cut costs and eliminate redundancies. The cuts will eliminate about 4 percent of Citi’s workforce.

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