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Citigroup Job Cuts

Planned Layoffs Surge To 3-Month High, And Bloodbath May Not Be Over

Planned Layoffs Surge To 3-Month High, And Bloodbath May Not Be Over

Planned layoffs at U.S. firms rose for the third month in a row in November, partly driven by the bankruptcy of Hostess Brands, a report showed on Thursday. Employers announced 57,081 job cuts last month, the highest level since May and up nearly 20 percent from 47,724 in October, according to the report ...

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