Are you an Employer?    Attract the Best Candidates with Smart Job Postings!
Search Resumes
The Largest Collection of Jobs on Earth | EmploymentCrossing
Need Help? Call (800) 680-7345  

Job Seeker Login   Employer Login 

Job Seekers? Try it Now  

Search Jobs
Browse Jobs
Post Jobs
EmploymentCrossing Concierge      EmploymentCrossing Premier  
home > career connect
  • Employment News
Citgroups consumer banking shuts shop across world.-Job cuts

By EmploymentCrossing  |  Dated: 02-01-2013

You have to prune your staff strength first to cut cost. Citigroup Inc. does it again. The multinational US-based bank is shutting shop on its consumer banking in five countries such as Pakistan, Uruguay, Paraguay, Romania and Turkey, costing loss of jobs numbering 11,000 and saving of $1.1billion to the bank, from serious cost cutting measure. More such measures are yet to come in the near future.

Read the full article here:
Exclusive: Citigroup may exit consumer banking in more countries

Career Connect  (From our other career blogs):

Employment News (Sponsored by EmploymentSpectator)

Most Recent Stories (Sponsored by EmploymentCrossRoads)

Job Search Advice from the CEO of EmploymentCrossing (Sponsored by aharrisonbarnes.com)

Layoff News (Sponsored by LayOffWatch)


2013 Most Influential  Recruiter Rankings
arrow 600+ prestigious recruiters across America ranked
arrow 60+ industries and professions scrutinized
arrow Comprehensive updated candid report
Get the ranking
new jobs this week
on EmploymentCrossing
1,232,779
jobs added today
on EmploymentCrossing
331,519
job type count
on EmploymentCrossing
(462,529)
(442,670)
(369,493)
(327,927)
(306,884)
(270,601)
(230,871)
top 5 job searches
jobs near you
International jobs
Work at home jobs
UK jobs
Canada jobs
New search feature using US map. click here

Looking for a new job in your city? click here
today's featured job
Loan Administration Manager 1
United States-PA-Blue Bell

Leads and oversees activities of a loan production, loan servicing, commercial or real estate construction loan team which may include a large sing...


 Click to Apply for - EmploymentCrossing.com
job search tip
The next time you make a job move for money, take this test: divide the difference between your old salary and your new salary by 12; take about 35 to 40 percent off for taxes and deductions. That's how much more you're going to take home each month. Then ask: is making the move worth it?

Your privacy is guaranteed. We will never give out, lease, or sell your personal information.