Citigroup (C) Layoffs Coming
September 11, 2013 at 10:12 AM EDT
Citigroup (C) plans to lay off an estimated 2,200 workers within its mortgage business by early next year, as rising mortgage rates have hurt mortgage lending and refinancings, executives at the bank tell FOX Business. The layoffs could come at mortgage units across the country, Citi sources said, adding the bank is closing in on [...] View the full post at: Citigroup (C) Layoffs Coming