Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Mgmt layers are overcrowded and overpaid

Ok, I agree that we need to trim the fat. I just think the layers of MDs and Directors who are incompetent, come up with crazy ideas and then blame others when they fail, are very fatty layers. The idea of a lean, efficient and successful company clashes with the reality of selection for layoffs. Talented, hardworking, experienced people are being shown the door, while mgmt remains bloated and overpaid.

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| 791 views | | 1 reply (March 13, 2024) | Reply
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Facts

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