Citigroup Plans at Least 2,000 Job Cuts Next Month

  • Reductions are part of Corbat's efforts to restructure firm
  • Bank said to have already held discussions with some workers

Citigroup Said to Cut 2,000 Jobs Next Month

Citigroup Inc. plans to cut at least 2,000 jobs starting next month as Chief Executive Officer Michael Corbat restructures some of the bank’s businesses.

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