Citigroup cutting IT jobs, shifting some work offshore
Citigroup is cutting 11,000 jobs, many in IT, as part of a restructuring announced Wednesday.
Citigroup is cutting 11,000 jobs, many in IT, as part of a restructuring announced Wednesday.
Groups of companies in the same industry could mitigate the effects of cyberattacks by pooling infrastructure resources and working together on security issues, a senior official in the U.S. Department of Homeland Security has suggested.
Amazon is working on a smartphone to be released in the fourth quarter of 2012, according to a Citigroup analyst quoted by <a href="http://allthingsd.com/20111117/amazon-kindlephone-for-2012/">All Things D</a> .
Citigroup is set to implement a workflow and trading platform from Fidessa for its derivatives business globally.
Citigroup has acknowledged that hackers broke into its network and stole credit-card information related to tens of thousands of customers in North America, according to several reports.