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
Manage your loans, avoid recovery agents
How good are floating rate car loans?
Carnival of Indian Personal Finance Blogs # 8
Affects of Car Loan Default
12 point conduct checklist for bank and...


lost love spell black magic +91 9501408707
अस्ट्रोलोगेर Online...
09999737301 VASHIKARAN MANTRA SPECIALIST BABA IN...
1500 SHORT NIGHT 5000 CALL GIRLS IN DELHI FEMALES...
☛ DELHI CALL GIRLS SERVICES IN DELHI IN-CALL...
O9130308880 Mr.JAY CaLl Giℛls iN VIMAN NAGAR Pune...

NEWS THIS WEEK
SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
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
News Archive