FBN's Gasparino: Citi (C) Might Not Be the Only Bank Mulling More Job Cuts...
Fox Business Network reporter Charles Gasparino says Citi (NYSE: C) might not be the only one making job cuts in the financial sector.
According to his Twitter account: "MS, GS contemplating new workforce cut backs; Citigroup screwing many of those axed out of year-end bonuses..."
That's Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS). Citi announced the reduction of 11,000 positions earlier today. All three of the institutions are up on the session.
According to his Twitter account: "MS, GS contemplating new workforce cut backs; Citigroup screwing many of those axed out of year-end bonuses..."
That's Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS). Citi announced the reduction of 11,000 positions earlier today. All three of the institutions are up on the session.