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World Financial Job Cut Timeline Saturday, September 2 Bookmark and Share     Author
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UBS plans to cut up to 10,000 jobs  Switzerland's biggest bank will unveil a split of its struggling investment bank next week in a move that will prompt the loss of up to 10,000 jobs Citigroup plans to cut 4,500 jobs  US banking giant has said it is to cut 4,500 jobs around the world in an effort to reduce its costs HSBC to axe 30,000 global jobs  Banking giant has said it will cut another 25,000 jobs by 2013 and exit operations in 20 countries as it looks to save billions of dollars Bank of America cuts 30,000 jobs
World News (12) Business (845) Financial Job Cut (253) Financial Job Cut Financial Job Cut on Wikipedia Financial Job Cut on Web
London Job Cut (3)   Citigroup (15)   Bank Of America (7)   New York Job Cut (4)   World Financial (253)

Bank Main Event: Citigroup job cull to hit 7...
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1. 2015-06-08 HSBC to cut 20,000 jobs globally London
2. 2012-12-05 Citigroup in 11,000 staff cull Manhattan
3. 2012-10-27 UBS plans to cut up to 10,000 jobs Switzerland
4. 2011-12-06 Citigroup plans to cut 4,500 jobs New York
5. 2011-08-01 HSBC to axe 30,000 global jobs London
G. 2008-12-11 Bank of America cuts 30,000 jobs USA
2008-11-17 Citigroup job cull to hit 75,000 New York
I. 2007-09-07 Mortgage lender Countrywide slashes jobs California
J. 2002-06-25 WorldCom in accounting trouble, cut jobs New York

Citigroup in 11,000 staff cull
HSBC to cut 20,000 jobs globally


year 2015 Top ^

Jun.8   London
  Europe's biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business


year 2012 Top ^

Dec.5   Manhattan
  Citigroup says it is cutting 11,000 jobs worldwide in an efficiency drive, with most of the jobs being lost in its consumer banking division
Oct.27   Switzerland


year 2011 Top ^

Dec.6   New York
Aug.1   London


year 2008 Top ^

Dec.11   USA
  Bank plans to cut between 30,000 and 35,000 jobs over 3 years following the completion of its takeover of Merrill Lynch
Nov.17   New York Citigroup job cull to hit 75,000
  The bank has announced plans for new job cuts, on top of 23,000 cuts already made this year It's about 20% of its staff


year 2007 Top ^

Sep.7   California Mortgage lender Countrywide slashes jobs
  Chief Executive Angelo Mozilo: Countrywide Financial was being forced to cut up to 12,000 jobs, 1/5 of its staff

year 2002 Top ^

Jun.25   New York WorldCom in accounting trouble, cut jobs
  Troubled telecom firm announces overstatement of financial results, 17,000 job cuts. WorldCom terminated CFO



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