Citigroup, Goldman begin firing employees
China Daily | Updated: 2008-11-07 07:59
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A man stands next to a Citigroup sign in New York. Bloomberg News |
Citigroup Inc and Goldman Sachs Group Inc, faced with a weakening economy and the prospect of mounting losses, began firing workers as part of the firms' plans to cut more than 12,000 jobs, people with knowledge of the matter said.
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