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FBN's Gasparino: Citi (C) Might Not Be the Only Bank Mulling More Job Cuts...

December 5, 2012 1:19 PM EST
Fox Business Network reporter Charles Gasparino says Citi (NYSE: C) might not be the only one making job cuts in the financial sector.

According to his Twitter account: "MS, GS contemplating new workforce cut backs; Citigroup screwing many of those axed out of year-end bonuses..."

That's Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS). Citi announced the reduction of 11,000 positions earlier today. All three of the institutions are up on the session.


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Charles Gasparino, Citi, Morgan Stanley, Twitter, Layoffs