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Citigroup Cutting Jobs in Bid to Cap Costs Citigroup will eliminate 17,000 jobs in a sweeping re-organization, while moving other jobs overseas. Savings are projected at $9 billion over three years. Shareholders had pressed the company to cut rising expenses.
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Citigroup Cutting Jobs in Bid to Cap Costs

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Citigroup Cutting Jobs in Bid to Cap Costs

Economy

Citigroup Cutting Jobs in Bid to Cap Costs

Heard on Morning Edition

Citigroup Cutting Jobs in Bid to Cap Costs

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STEVE INSKEEP, host: