NEWS & ADVICE : CAR LOANS
Citibank goes for job cuts
By Vaibhav Aggarwal
Jan 25, 2012
Print    Email    RSS   

Leading foreign lender in the country, Citibank has indicated laying off 100 of its employees serving at various positions in India. The bank also has plans to take away 4,500 jobs worldwide.

Earlier in December 2011, the bank said that for cost reduction and considering the reducing revenues, the bank will go for job cuts.

In a statement Citi Bank said, "Citigroup continuously reviews its internal processes and organisational structure to right size the organisation for efficient growth."

"International and emerging markets comprise a very significant component of Citi's growth strategy and India is amongst its highest priority markets within this strategy," the bank said.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
A Complete Guide on Car Loans for NRIs
Carnival of Indian Personal Finance Blogs #3
12 point conduct checklist for bank and...
Spend some time to get the best car insurance
Loans against Cars: A Quick Solution for...


love marriage+918516827708 specialist baba ji
love marriage+918516827708 specialist baba ji
girl vashikaran+918516827708 specialist baba ji
~yXy~Call-Girls Service In Dehradun-0973688o614 ROMY...
~yXy~Call-Girls Service In Dehradun-0973688o614 ROMY...
~yXy~Call-Girls Service In Dehradun-0973688o614 ROMY...

NEWS THIS WEEK
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
SBI rolled out SBI quick facility Jan 12, 2015
Daimler India to offer easy finance solution to its customers with the help of Karur Vysya Bank Jan 7, 2015
15 new branches of SBI in Odhisa Jan 5, 2015
News Archive