US banking giant Citigroup is to slash 52,000 jobs, far more than analysts had predicted. The job losses are in addition to the 23,000 staff cut already this year and the total 75,000 job losses represent a reduction of approximately 20% of its workforce, leaving it with 300,000 jobs globally. The bank, which is one of the [...]
Citigroup slashes a further 50,000 jobs
