Citi Layoffs 2024 Reddit. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023,. Doesn't pertain to this sub.
I got my first job out of college at citi just as the 2008 financial crisis was about to hit and they were already starting layoffs. Mon, march 25, 2024, 3:55 pm edt.
This Week's Cuts Are Presumably, Therefore, The Lowest Layer, And The Pyramidal Shape Of A Hierarchy Dictates That They Are Also The Largest.
Citi's layoffs will bring its headcount to 180,000 by 2026, a citigroup representative told cbs moneywatch.
I’m Worried He’s Going To Get Laid Off His Job, Would They Really Do It Him Because He’s Been For 25 Years.
Doesn’t pertain to this sub.
Fri 12 Jan 2024 11.25 Est.
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When You Fire Somebody, You Save The Cost Of Paying Them, But You Now Have The Problem Of Who Is Going To Pick Up The Work They Used To Do.
The cuts, which were detailed in citi's earnings report on friday,.
Citi Has Been Working Its Way Down Through The Hierarchy, Extracting Layers As It Goes.
They’ll be unemployed for an average of three times longer than someone under 30.
Citigroup Will Cut 20,000 Jobs By The End Of 2026 After Enduring A Steep Loss In The Last Quarter As It Presses Ahead With A Sweeping Restructuring.
