Thread regarding Citigroup Inc. / Citibank / Citi layoffs

When will it be TTS turn for layoffs?

Ive read 9/24 is a round of layoffs but I have also heard February Q1 after makor restructuring is done from Fishbowl. When will it be TTS turn?


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| 2711 views | | 11 replies (last September 27) | Reply
Post ID: @OP+1k5v47s4q

11 replies (most recent on top)

They were hit today

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Post ID: @t3+1k5v47s4q

Services is a crown jewel and it’s a very high returning business since it’s relatively capital light…

But it’s not immune from bloat. There’s always ways to increase operating efficiency.

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Post ID: @k1+1k5v47s4q

Is this good strategy?

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Post ID: @ha+1k5v47s4q

@gx Services is a bit more than TTS. Basically, Services = Payments+TTS. And yes, Services is probably very close to Jane because of the profits and within Services, TTS is its crown jewel

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Post ID: @h5+1k5v47s4q

If you listen to any of the earnings calls, Jane always makes a point to say how valuable “Services” is. TTS is now called Services. She isn’t going to cut the group that is increasing profits every quarter. This is a business after all…the point is to make money.

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Post ID: @gx+1k5v47s4q

Are the people who are on H1B directly or indirectly via vendors impacted by upcoming RIF?

There are probably few thousand of H1Bs employees who are on H1B or H4 EAD or some in process of perm. residency including NIW

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Post ID: @gw+1k5v47s4q

Are those on H1B or in process of getting perm. residency including NIW impacted?

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Post ID: @gv+1k5v47s4q

gadzooks I hope not!!! Let's keep the faith

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Post ID: @f6+1k5v47s4q

Irving will be ransacked

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Post ID: @ec+1k5v47s4q

@ag networking site but also anonymous post feature

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Post ID: @am+1k5v47s4q

just sit back and max and relax

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Post ID: @a5+1k5v47s4q

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