Media Citibank Office to Close
The closure is part of a larger move that includes cutting 11,000 jobs.
As part of the restructuring of Citigroup, which includes cutting 11,000 jobs, a number of local branches, including the Media branch will be closing, according to Philly.com. According to Philly.com, branches closing are: The Bala Cynwyd branch will stay open, according to Philly.com. Citigroup announced the layoffs on Dec. 5 as part of a restructuring move designed to save $1.1 billion in expenses in 2014.
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