15 biggest job losers

Even as the Fortune 500 racked up astounding profit growth of 335% last year, a whopping 761,422 Fortune 500 jobs were lost to layoffs, spinoffs, and attrition. These 15 companies saw the worst cutbacks.

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1. Citigroup
Citigroup
Jobs lost: 57,700
% drop (1 year): 18%
Remaining employees*: 267,150
Fortune 500 rank: 12

In the midst of the credit crunch, the bank holding company laid off more than 55,000 employees in 2008. Then last year, as it struggled to regain profitability and pay back a $25 billion government bailout loan, Citi cut its staff again by another 57,700 workers. Despite the cutbacks, the company still posted a loss of $1.6 billion in 2009.


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Last updated May 13 2010: 9:10 AM ET
* Full-time equivalent employees as of the end of 2009
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