money.aol.com - 11/17/2008
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Citi Could Cut Up to 50,000 Jobs posted: ONE MINUTE AGO comments: 0
AP
At a town hall meeting scheduled for Monday, Citigroup CEO Vikram Pandit, who has been the subject of tough criticism since taking the helm less than a year ago, is expected to face ...
online.wsj.com - 11/14/2008
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online.wsj.com —
Citigroup Inc., as part of its push to
return to profitability, is embarking on another huge round...
of layoffs and is raising interest rates on millions of credit-card customers. The moves come as Chief Executive Vikram Pandit tries to stabilize the ...
(more)
Citi to Cut More Jobs, Raise Rates on Its Plastic
blogs.zdnet.com - 11/14/2008
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blogs.zdnet.com —
Sun said Friday that it will lay off
15 percent to 18 percent of its workforce–or 5,000...
to 6,000 people–as it restructures amid weak demand, a series of poor quarters and a business model that rallies around open source software. Add it up ...
(more)
Sun cuts 5,000 to 6,000 jobs
money.aol.com - 11/14/2008
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money.aol.com —
Citi Said Planning 10,000 More Job Cuts posted:
15 MINUTES AGO comments: 0 AP The Wall Street...
Journal reports that banking giant Citigroup is planning to shed at least 10,000 jobs on top of another 11,000 cuts ...
(more)
Citi Said Planning 10,000 More Job Cuts
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Stocks in the news: C, GM, LOW, GS, TGT, TM, INTC, MCD, DIS ...
BloggingStocks —
Filed under: Earnings reports, Analyst upgrades and downgrades, Intel (INTC), Ford Motor (F), General Motors (GM), Toyota Motor Corp. (TM), McDonald's (MCD), Walt Disney (DIS), Citigroup Inc. (C), Target Corp. (TGT), Alcoa Inc (AA), Goldman Sachs Group (GS), Yum Brands (YUM), Lowe's Cos (LOW)[Update 8:18: Citigroup Inc (NYSE: C) plans to cut 50,000 people from its workforce, CNBC television said on Monday.] General Motors Corp. (NYSE: ...
6 unknowns hurting the market today, beneficiaries of consumer cutbacks & big budget busters - Today in Money 11/17
BloggingStocks —
... In the News:
· Citigroup to Cut 50,000 Jobs as CEO Hosts Town Hall Meeting
· J.P. Morgan Reportedly Planning Thousands of Job Cuts
· Top Goldman Sachs ...
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