Citibank cuts up to 50 jobs in Waterford, NI
15 May 2013
Up to 50 jobs are being lost in Waterford with the closure of the Citi Bank office.
The bank says the decision is part of wider global restructuring.
Staff at the office on the IDA industrial estate are involved in the bank's hedge fund services.
It is believed that half the staff will be offered redeployment to its Dublin office.
Citi employs 2,200 people in Dublin and remains committed to its operations in Ireland, the company says.
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