NEW YORK (Reuters) - Citigroup C.N is considering cutting 5 percent to 10 percent of its work force, which totals 327,000, CNBC television reported on Monday, without citing sources.
CNBC said a Citigroup announcement was likely to come later this month when the largest U.S. bank reports quarterly earnings. It also said the bank could sell off a smaller unit.
Reporting by Christian Plumb; editing by John Wallace
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