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Job cuts threaten Citi's expansion in Mass.

Bank details plans to eliminate 52,000 positions worldwide

Citigroup has 31 branches in the state and has been growing aggressively here. Citigroup has 31 branches in the state and has been growing aggressively here. (Evan Richman/Globe Staff/file 2008)
By Ross Kerber
Globe Staff / November 18, 2008

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Citigroup's new banking network in Massachusetts remains in limbo after company officials yesterday announced a new target of about 52,000 job reductions by next year, one of the biggest corporate cutbacks announced so far this year. (Full article: 550 words)

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