Citigroup Inc., which is eliminating 52,000 jobs worldwide, will shed about 1,000 workers at its retail brokerage unit in Japan, two company officials said.

The workers at Nikko Cordial Securities Inc., which has roughly 7,000 employees, accepted Citigroup's offer to take early retirement by a Dec. 8 deadline, the officials said, declining to be identified because a public announcement had not been made.

Vikram Pandit, Citi's chief executive, plans to eliminate about one-seventh of the company's global work force of 352,000 through job cuts and asset sales after racking up more than $67 billion in losses from the credit crisis that has pushed the United States into a recession. It is cutting jobs in investment banking and consumer finance in Japan and selling its trust banking unit there.

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