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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

Citigroup to cut 100 jobs in Uniondale operation

Fifty-five percent of Citigroup's shareholders voted Tuesday against

Photo credit: AP, 2007

Citigroup Inc. plans to lay off 100 employees in its Reckson Plaza office in Uniondale, the bank said in a regulatory filing dated Tuesday.

The bank cited “economic” reasons for the layoff, which is scheduled to be completed by March 3.  The layoff is part of a larger plan to cut about 5,000 employees because of unsteady stock markets and declining trading and investment fees, the bank...

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