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Citi says layoffs to have limited impact in India

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  • Published On: November 18, 2008
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Banking major Citibank India on Tuesday said that its global job cuts would have only a limited impact in the country. "The headcount reductions announced globally will have limited impact in India," Citibank India said in a press release. This follows Citigroup selling its BPO arm, Citigroup Global Services to Tata Consultancy Services (TCS) recently for $505-million.
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