Citigroup to Cut 4,500 Jobs on Slumping Revenue

Citigroup to Cut 4,500 Jobs on Slumping Revenue Play

Dec. 6 (Bloomberg) -- Citigroup Inc. Chief Executive Officer Vikram Pandit says the bank will cut about 4,500 jobs in coming quarters as he seeks to trim costs amid slumping revenue. Bloomberg's Julie Hyman reports on Bloomberg Television's "Taking Stock." Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)

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