Citi stock is up, that’s true.

but, in comparison to where we were 5 years ago we are still -1.28% lower.
Compared to JPM from the same time frame, they are 82% higher and they are of the same relative size as Citi.

So yes, the layoff has made the stock price rise but its yet to break even from the downward spiral from when Jane took over. So while things stock wise are better, we are still behind on turning a profit from 5 years ago.

My fear is of suffering from increased risk due to running off all the experienced, tenured staff.

Another concern is after we break even and are where we were 5 years ago, what next. What is the upper echelon going to do to not only sustain but raise the stock price? Layoffs and restructuring only goes so far, so, what’s next?

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Post ID: @lfs+1syAS9oS True. Only destitute and cheap companies (they're cheap Because they're destitute) do Not pay cash dividends and Only pay in shares of stock (i.e. Citi).

APPROX. 10 years ago CITI did a 10 for 1 REVERSE STOCK SPLIT.
Doesn't that need to be factored in ?
Wouldn't that make today's CITI stock price APPROX. $ 6.00 in real money and not
APPROX. $ 60.00 ?

As others have already insightfully opined, laying off employees gives the stock price an artificial and temporary boost that's Not sustainable in the long term. JPMC has been hiring like crazy and actually has more FTEs than Citi at 310,000 employees worldwide. Yet, JPMC has been able to consistently increase its stock price and run a Real Bank for decades, unlike Citi. JPMC's stock price is at $200+ while Citi's is 1/4 of that, struggling and volatile.

Post ID: @ivl+1syAS9oS Probably break up Banamex and sell it in pieces if No one wants to buy it in whole. Citi's businesses are going to a Junk Yard anyway where vultures can pick up the pieces they want and leave the pieces (most of Citi) they don't want.

A high number of layoff headcount to downsize to 180,000 employees was to come from selling Banamex. Hilarious if no-one wanted to buy it! What will Jane do then???

And ya in this one thing (convincing investors) Citi did a great job..

Apparently inserting Latin and French words to the write up and conversations are the new norms of “high level English”, the person reading or listening to are needing to search in google for meanings.

You might have a point , but I don't think investors are thinking the same way. For JP may be that much room was there to grow,Citi was already big by then..if Citi still manages to convince the investor (as that is the most important deciding factor) stock will go up. And as someone mentioned that's all it matters as looks like!wrong but true

Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Citi stock is up, that’s true.

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