Citigroup Inc announced that the U.S. business sector restructuring in preparation for its sale

Citigroup Inc on Tuesday announced the closure of 330 branches of the U.S. company to finance the ongoing campaign of corporate restructuring, which would also lead to job losses in the separation of up to 600 people in 48 states.

At the height of the global financial crisis, Citigroup received $ US45 billion, or $ A53.22 billion government rescue packages of money and then the total increase of $ U.S. $ 20 million, or A23.65 million December last year to repay the federal government Dole is part of the problem of Asset Relief Program.