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04 Jul

Citigroup Chief Faces the Troops

Updated: Citigroup is cutting 50,000 jobs in the near term, largely by selling businesses, meaning fewer actual layoffs. The firm also said that it is seeking to shore up its capital base and cut risky positions.

On Monday morning, Citigroup’s Vikram Pandit will try to assure employees that the fi ...

Bury DealBook NyTimes November 17 08


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