Citigroup to Lay Off a ‘Humongous’ Number of People

the greatest depression Nov. 14, 2008

Citigroup to Lay Off a ‘Humongous’ Number of People

By Jessica Pressler, a writer living in New York. She has contributed to New York Magazine since 2007.

This is going to be a problem, isn't it?

In the biggest bloodbath since Vikram Pandit took over as CEO last December, Citigroup will begin laying off at least 10,000 employees globally starting today. “It’s a humongous number,” one executive told the Journal. [WSJ]

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Citigroup to Lay Off a ‘Humongous’ Number of People

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