Citigroup Job Cuts Won't Affect Delaware - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Citigroup Job Cuts Won't Affect Delaware

Posted:
(Photo: AP) (Photo: AP)

DOVER, Del. (AP)- Gov. Jack Markell's office says it has been told by Citigroup that the company's plans to cut 11,000 jobs worldwide will have no impact on Delaware.

The job cuts announced by Citigroup on Wednesday amount to about 4% of Citi's workforce of 262,000. The company says most of the cuts will come from Citi's consumer banking unit, which handles everyday functions like branches and checking accounts.

The Delaware Economic Development Office last year awarded Citi a $3 million grant to outfit a new card and retail services facility in the Brandywine Building in Wilmington.

As of February of this year, Citi had a total of about 1,800 employees in New Castle County.

  • Most Popular StoriesMost Popular Stories

  • Tuesday, June 18 2013 3:58 PM EDT2013-06-18 19:58:27 GMT
    REHOBOTH BEACH, Del.- Delaware State Police are asking public's assistance in attempting to identify two suspects involved in the unlawful use of a credit card at various stores in the Rehoboth Beach area.
    Delaware State Police are asking the public's assistance in identifying two suspects alleged to have been involved in the unlawful use of a credit card at various stores in the Rehoboth Beach area.
  • Tuesday, June 18 2013 12:38 PM EDT2013-06-18 16:38:16 GMT
    CAMDEN, Del.- Delaware State Police detectives have arrested a Camden-Wyoming man accused of raping a 15-year-old girl. Jason S. Anker, 32, was taken into custody Monday and charged with first-degree
    Delaware State Police detectives have arrested a Camden-Wyoming man accused of raping a 15-year-old girl.
Powered by WorldNow

All content © Copyright 2000 - 2013 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service