- Stocks Looking Past Europe for a New Driver
- Markets Finally Get Greek Deal —So Where's the Rally?
- Warren Buffett: Stocks Will Outperform Gold and Bonds
- 'Mortgage Deal from Hell' Hurts Sound Borrowers: Bove
- Zynga and Hasbro Announce Toy-Making Partnership
- Activision Beats on Earnings, Raises Dividend
- Westminster’s Most Successful Dog Breeds
- LinkedIn Outperforms on Earnings, Revenue
- Fidelity: 401(k) Balances Little Changed Over 2011
- Top Five Mistakes to Avoid in Online Dating
- Victor Cruz ‘Understands’ Gisele's Super Bowl Frustrations
- Tamminen: The United States of India
- Unusual Volume: Taleo Jumps After Oracle's $1.9 Billion Offer
- Warren Buffett: Stocks Will Outperform Gold and Bonds .. and They're Safer 'By Far'
- So Now You Can’t Give Microsoft Away?
- Robo-Deal Is All About Lowering Mortgage Principal
- Groupon Needs More Disclosure: Analyst
- CEO to CEO: Taking a Job at a Startup vs. a Public Company
MOST SHARED
- LinkedIn Outperforms on Earnings, Revenue
- How to Date a Wall Street Man
- Activision Beats on Earnings, Raises Dividend
- Zynga and Hasbro Announce Toy-Making Partnership
- Steelers' Antonio Brown Spends Super Bowl Week with Twitter Fan Turned BFF
- Commodities Tomorrow: Geopolitical Risk Continues
- Nuance Doesn’t Live Up to Hype
- Commentary: USPS Stuck in the Past
- Warren Buffett: Stocks Will Outperform Gold and Bonds .. and They're Safer 'By Far'
- Don’t Use ECB as Last Resort: Economist
MOST POPULAR
HOT ON FACEBOOK
Citigroup Layoffs Could Start Next Week: Sources
Text Size 
Citigroup layoffs are expected to begin next week, according to people familiar with the matter.
Citigroup [C
Loading...
()
] is expected to cut between 5 percent and 10 percent of its staff of about 320,000, these people within the firm say.
Neither Citigroup's Chief Executive Vikram Pandit nor the firm's public relations staff have issued a formal announcement on the matter.
In addition, Merrill Lynch [MER
Loading...
()
] continues to look for ways to raise funds overseas.
Previously, CNBC has reported that Merrill Lynch plans to announce layoffs of about 1,600 workers after it discloses its fourth-quarter write-downs.
Merrill Lynch had about 64,000 employees at the end of September, so a reduction of 1,600 employees would represent less than 3 percent of its work force.
- Many have called to abolish the Federal Reserve. But what would happen if it was dissolved for good?
- Entrepreneurs have increasingly been buying back their companies over the last three years.
- Where are the best city locations for singles to take the online dating plunge?
- A Steelers fan spent a week with wide receiver Antonio Brown- and it was all due to tweeting.
- Here’s a look at the woman behind the newest collectible toy that kids love.
- Grab a brew—or not—and click ahead to experience the world’s most highly rated beers.
Data is a real-time snapshot *Data is delayed at least 15 minutes
