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Citigroup to slash 50,000 jobs

Source:	ABC News
Published:	Tuesday, November 18, 2008 7:40 AEDT
Expires:	Monday, February 16, 2009 7:40 AEDT

US banking giant Citigroup has announced it will cut 50,000 staff in coming months as it continues to struggle in the global financial turmoil.

Tags: business-economics-and-finance, finance-markets, united-states

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AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)

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