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Citigroup Joins Wells Fargo in Laying Off Mortgage Pros

Citigroup has followed competitors such as JPMorgan Chase and Wells Fargo in cutting mortgage jobs. So reports Bloomberg.

Citi 150x150“Citi has made a small number of staffing reductions within our mortgage team due to internal streamlining of functions," a company spokesperson told the news service.

Another source said that fewer than 100 roles were affected.

Read the full article from Bloomberg.

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