Citigroup posts loss, plans to eliminate 9,000 jobs
(AP)
Source: Yahoo News Published April 18, 2008 @ 11:13am PDT
AP - Citigroup Inc. said Friday it will eliminate about 9,000 more jobs, after poor bets on defaulting loans and the tumultuous credit markets lopped $14 billion in value from its investments during the first quarter. [full article]
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