Nov 17th, 2008 · Citigroup Inc., the nation's second-largest banking company, said it will slash about 53,000 jobs worldwide in an effort to stem losses and retrench amid the global financial crisis. The cuts would come on top of the roughly 23,000 jobs Citigroup already eliminated this year.
Keywords: national · financial · global · company · worldwide · crisis · Citigroup · eliminated · Citigroup Inc · retrenchment
Aug 16th, 2007 · U.S. stocks appear headed for another sharp retrenchment as fears persist of widening problems with some mortgages and tighter access to credit. A sell-off overseas set the tone for Wall Street.
Keywords: Wall Street · Mortgage · pullback · retrenchment
