
NEW YORK (AP) -- Citigroup Inc. isn't just eliminating jobs to slash costs -- it's also clamping down on color copying and BlackBerrys.
Additionally, the bank is reviewing employees' BlackBerry use, and is now requiring pre-approval for the devices.
"Only necessary business related calls will be reimbursed," the memo said.
The moves are yet another step in the bank's attempt to become profitable again after three straight quarters of losses. Citigroup, currently the nation's largest bank by assets, has already eliminated more than 14,000 jobs this year and raised about $40 billion in capital after losing a cumulative $17.4 billion during the last quarter of 2007 and the first two quarters of this year.