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Citi to add 1,000 employees in Florida

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Citi to add 1,000 employees in Florida

CitigroupInc. plans to hire about 1,000 people in Florida over the next twoyears, CEO Michael Corbat said at the annual shareholder meeting.

The bank has been reducing its workforce in past quarters inline with cost-cutting efforts, but Citi's Florida headcount comes second only toNew York.