Citigroup To Cut Thousands Of Jobs Amidst Posting Huge Loss

NEW YORK – JANUARY 15: A Citibank logo is seen at a Citibank branch January 15, 2008 in New York City. Citigroup posted a $9.83 billion loss related to subprime lending and is expected to layoff up to 4,000 employees. (Photo by Mario Tama/Getty Images)

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