Thread regarding Citigroup Inc. / Citibank / Citi layoffs

20K

How is that even possible? How can the ELT sleep at night knowing they plan to ruin 20K lives - plus their families' lives? This is so excessive that I have no words for it. Everybody who was involved in this decision should feel ashamed of themselves - even though I know they won't since they don't give a damn about any of us.

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| 2261 views | | 14 replies (last January 17, 2024) | Reply
Post ID: @OP+1qCaMXRQ

14 replies (most recent on top)

Didn't see an opportunity offered but uh ok

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Post ID: @bub+1qCaMXRQ

@ryd+1qCaMXRQ Hey that is the irony. The guy who offers the opportunity but does not have the spine to stand behind his offer is hero!! A person who trusted is a bozo :-)

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Post ID: @cuc+1qCaMXRQ

IF you actually read the article, some were already trimmed too. Need to trim 3.8k mgrs, then the whopper another 15k

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Post ID: @fxb+1qCaMXRQ

20k over 2 years. That’s not really that much, many large companies cull the bottom 10% each year. This quarter will be less than 5 k. Globally.

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Post ID: @gtq+1qCaMXRQ

Total scam, what a bozo to think I am going to make contact

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Post ID: @ryd+1qCaMXRQ

Post ID: @gae+1qCaMXRQ scam?

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Post ID: @kwd+1qCaMXRQ

Ping me I am on now

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Post ID: @kbf+1qCaMXRQ

@jtm+1qCaMXRQ - Hey I am ready. Let me know how to get in touch with you.

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Post ID: @zzi+1qCaMXRQ

Hopefully the stock goes up and we all profit

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Post ID: @ioy+1qCaMXRQ

It is not unnecessary. Citi over-hired in certain areas and many of the people on-boarded are of lower quality - so they need to go.

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Post ID: @ozi+1qCaMXRQ

So sad and so unnecessary. The bottom line, we just don’t have the right leadership.

There’s one captain and the rest of us are the crew. If the ship is way off course, who’s fault is it? So now the captain wants to throw people overboard to make sure we have enough food. Should the captain be rewarded?

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Post ID: @igm+1qCaMXRQ

how else would you make up 2B loss profit? come to BNY we pay top dollar for citi folks and were still on hybrid model.

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Post ID: @jtm+1qCaMXRQ

If it was capitalism, Citi would pay better.

It’s just greed. Adam Smith was wrong.

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Post ID: @sha+1qCaMXRQ

How is it ruining lives? It is literally capitalism. Profit before people.

It su-ks but you should NEVER think a company owes you anything. Always have a backup plan.

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Post ID: @lij+1qCaMXRQ

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