Citigroup to Cut 5 Percent of Missouri Workforce
According to the "St. Louis Post-Dispatch," the bank announced Wednesday it plans to cut 11,000 jobs.
Citgroup announced plans to cut costs and eliminate jobs in Missouri on Wednesday.
Citigroup employs 6,000 people in Missouri and has a CitiMortgage base located in O'Fallon at 1000 Technology Dr. The local office is a processing loan and paperwork location.
The article states, the bank has not shared what locations will be affected by the cuts.