Those Citi headcount flashes..
*CITI TARGETS HEADCOUNT OF 300,000 FROM 352,000 AT SEPT. 30
*CITIGROUP EXPECTS TO REDUCE EXPENSES 20 PERCENT FROM PEAK
*CITI HEADCOUNT ABOUT 375,000 AT PEAK IN 4Q 2007
*CITIGROUP ADDED $75B IN NEW CAPITAL SINCE 3Q 2007
*CITIGROUP PLANS TO REDUCE EXPENSES TO $50B-52B IN 2009
*CITI SAYS HEADCOUNT TO BE REDUCED 20% FROM PEAK IN 4Q 2007
*CITI HAD 352,000 EMPLOYEES AS OF SEPT. 30
*CITIGROUP COMMENTS ON HEADCOUNT IN PRESENTATION ON WEB SITE
*CITIGROUP SAYS `NEAR-TERM HEADCOUNT TARGET’ IS ABOUT 300,OOO
*CITI SEES HEADCOUNT DOWN 20% IN NEAR-TERM FROM PEAK LEVELS
Related links:
Citigroup Town Hall presentation 17/11/08 – Long Room