NEW YORK (AP) — Citigroup says it is cutting 4,500 jobs over the next few quarters.CEO Vikram Pandit said the job cuts are part of the New York bank's efforts to reduce costs. Pandit made the remarks Tuesday at a financial services conference hosted by Goldman Sachs & Co.Citigroup Inc.'s fourth-quarter results will include $400 million in expenses related to severance. Pandit also warned that the bank will take another $500 million hit to revenue from an accounting loss the bank will have to take for the higher cost of its debt.