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Citigroup still has job vacancies!
It may come as a surprise, but the US banking behemoth Citigroup is still looking out for new employees and has posted more than 100 job vacancies over last week -- that is, since announcing the corporate America's second largest single-day layoff of over 50,000 employees.

It seems the bank is not just facilitating the out-bound traffic on its payrolls since November 17, the day when Pandit announced over 50,000 job cuts, it has also posted at least 109 new job vacancies -- all full-time positions and mostly at manager or executive...

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Sunday , 23 November '08

Markets likely to remain volatile

Markets are likely to remain volatile even as expectations of liquidity infusion could boost investor sentiment.
Sunday , 23 November '08

ArcelorMittal warns of layoffs at US plant

ArcelorMittal has warned that as many as 2,444 employees in Indiana could be laid off.
Sunday , 23 November '08

Top 10 firms lose Rs 30k crore in a week

The elite club of country's top 10 companies saw their valuations tumbling by a whopping Rs 30,000 crore in just one week.
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Sunday , 23 November '08

Oil recession may get even more crude

It was being forecasted till only a few months ago that crude oil would sell for 200 dollars per barrel, but the same has now come crashing down to one-fifth of that level!
Sunday , 23 November '08

ADAG enters online retail business

Anil Ambani group announced its foray into the online retail biz where it would sell everything that could be sold over Internet.
Sunday , 23 November '08

Worst of financial crisis yet to come: IMF

The IMF's chief economist has warned that the global financial crisis is set to worsen.
Saturday , 22 November '08

GM mulling bankruptcy: Report

The board of directors of General Motors Corp is considering 'all options' including bankruptcy, reported WSJ.
Saturday , 22 November '08

Jet chief likely to meet pilots on salary cuts

With recession eating into its bottom line, private air-carrier Jet Airways is likely to announce a 20 per cent cut in the salaries of its pilots, engineers and some other staff.
Saturday , 22 November '08

Citi shares plummet, talks with Govt ensue

Citigroup Inc has begun talks with the US Govt as its falling share price raises doubts about its ability to survive.
Saturday , 22 November '08

Weekly Review: Sensex down over 4%

The key indices, bellwether Sensex and Nifty, shed another four per cent over the week.
Saturday , 22 November '08

Citigroup may replace CEO Pandit: Report

Citigroup's Board is considering firing its Chief Executive Vikram Pandit, who was appointed as CEO late last year.
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