Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Rough times ahead, sacrifices must be made.

In spite of increased cost of living, raises and bonus’s will be sparse. Headcount will decrease. Those left, will be expected to take on the responsibilities of those that are gone. Hours worked will increase along with pressure to meet aggressive deadlines.
The deadlines will shorten as a means to “encourage” people to work longer hours.
The pressure will also increase as the expectation to not make mistakes are made with the implied “or else”.

One has to wonder, what sacrifices will the upper echelon make? Will their bonus’s and raises also be sparse? Will their stock awards decrease? Will they continue to remain unscathed while the rest of us suffer?

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Post ID: @OP+1kITZ2AL

5 replies (most recent on top)

Oops, touched a nerve, must be true.

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Post ID: @5ise+1kITZ2AL

Spoken just like a upper echelon manager defending his perks. Not to worry, I’m sure you’ll be safe and sound under mom’s apron.

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Post ID: @4hmg+1kITZ2AL

This post sounds like the speech Bill Pullman gave toward the end of Independence Day - same level of drama and BS

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Post ID: @4pyq+1kITZ2AL

How does one build a union I wonder. Is there anyone trying to start one now?

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Post ID: @1wdi+1kITZ2AL

To answer your questions...Yes, their finances will be impacted, but far less than everybody elses. Remember, your CEO makes about 500 times what the avg worker makes. Build a union, make everything a little more even.

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Post ID: @1pik+1kITZ2AL

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