NEW YORK, Nov. 15 (UPI) -- Citigroup Inc. -- the global financial giant based in the United States -- plans to trim its workforce by 10 percent, CBNC reported Saturday.
Citing a person familiar with the matter, the cable business news channel said the job cuts are intended to return the company to profit and put down growing criticism of Chief Executive Officer Vikram Pandit -- who plans to issue a statement on the matter Monday.