Citigroup CFO: Citigroup has paid severance pay to 5000 employees this year

[Citi CFO: Citi has paid severance payments for 5000 employees this year] Citi CFO said that Citi has paid severance payments for 5000 employees this year and 1600 employees so far in the second quarter, resulting in costs of $300 million to $400 million.