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.
Despite the widespread belief among Apple-watchers that the next-generation iPad would launch in March 2012, a Citigroup analyst believes it could be earlier that that.
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> .
New York-based financial services firm Citigroup began a strategic data center transformation in 2005, with the goal of reducing its data centers from 68 to 24 by the end of 2010. Citi not only met that goal, but exceeded it by cutting down to 22 data centers.