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Updated Jan 17, 2014 - 10:07 am

Citigroup cutting jobs in Phoenix

HAGERSTOWN, Md. — Citigroup Inc. said it’s cutting 950 jobs across the country, including positions in Phoenix and Las Vegas.

Spokesman Mark Rodger said Friday that the jobs will be cut by the end of
March as the company sells the rights to service 64,000 defaulted mortgages,
mostly on behalf of Fannie Mae.

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