A year after the former Citicorp announced a sweeping restructuring program, the company has not yet cut half of the 7,500 jobs it targeted 13 months ago.

Citicorp-now part of the newly merged Citigroup-has cut 3,119 employees, or 42% of that goal, according to an 8K document filed Friday with the Securities and Exchange Commission.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.