Citigroup to slash 52,000 jobs
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081117/2008_11_17t104512_450x300_us_citigroup.jpg?x=130&y=86&q=85&sig=lq431hVUg_rsLef1NOhdRQ--" align="left" height="86" width="130" alt="People walk past a CitiBank branch on Avenue of the Americas, in New York, April 9, 2008. (Chip East/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081117/bs_nm/us_citigroup)Reuters - Citigroup Inc revealed plans to cut 52,000 jobs by early next year in a dramatic move to restore the No. 2 U.S. bank to health as it combats mounting debt losses and sagging economies worldwide.</p><br clear="all"/>
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