citigroup

The Weekly Roundup: Network Like a Pro, Part 2

The Weekly Roundup: Network Like a Pro, Part 2

Connections can make or break your career

Connections are crucial to career success. Experts show you how to establish and expand your circle through powerful networking skills. Read More »

Bad Bosses: How Inept Execs Got Away With Mismanagement And Scandal In 2012

Bad Bosses: How Inept Execs Got Away With Mismanagement And Scandal In 2012

Companies lay off vast numbers of workers with such regularity that you may not have noticed the announcement. Last week Citigroup Inc. said it would lay off 11,000 workers worldwide, citing a need to reduce expenses. Yet, at the same time, Citi revealed it gave top execs hefty "incentive awards," including... Read More »

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 from... Read More »

'Having It All In 2012': Women Drastically Downsize Ambitions

'Having It All In 2012': Women Drastically Downsize Ambitions

What does it mean to "have it all"? Every generation of American women seems to ask this question -- and comes up with depressingly narrow definitions. "You can have it all -- just not at once" may sound optimistic, but it's just another way of saying "you can have a great career, or you can have a great... Read More »

Occupy Wall Street One Year Later: Workers' Pay Dropped, CEOs' Soared

Occupy Wall Street One Year Later: Workers' Pay Dropped, CEOs' Soared

America bills itself as a land of opportunity, and the slogan still may be true in so many ways in 2012. But many see a persistent and growing inequality in both the labor force and standard of living. The gap between the "two Americas" has been an issue on the left for years, and was a catalyst for the Occupy... Read More »

Citigroup Investors Give Thumbs-Down To Exec Pay

Citigroup Investors Give Thumbs-Down To Exec Pay

By Pallavi Gogoi NEW YORK -- Citigroup has become the first Wall Street bank to get a thumbs-down from shareholders over outsized executive pay. At its annual meeting Tuesday, 55 percent of the bank's shareholders voted against the pay packages that have been granted to Citigroup's top executives,... Read More »

Citigroup To Cut 4,500 Jobs, Take $400M Charge

Citigroup To Cut 4,500 Jobs, Take $400M Charge

By Pallavi Gogoi NEW YORK (AP) -- Citigroup Inc. is eliminating 4,500 jobs in its latest effort to cut costs. The bank will take a $400 million charge in the fourth quarter as a result. Citigroup's CEO, Vikram Pandit, disclosed the job cuts at an investor conference Tuesday. The cuts represent about 1.5... Read More »

Citigroup May Cut 3,000 Or More Jobs To Cut Costs

Citigroup May Cut 3,000 Or More Jobs To Cut Costs

By Candace Choi NEW YORK (AP) -- Citigroup Inc. is the latest bank seeking to trim costs with a smaller work force. The New York-based bank is considering cutting 3,000 or more workers, which would amount to about 1 percent of its work force worldwide. A person with knowledge of the situation said... Read More »

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