Lots of cutbacks going on.
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That’s what happens when you hire a bunch of execs from JPMC, notorious for budget cutting and cost saving measures
In order of importance
- Shareholders
- Executives
- Customers
- Non-executive employees
Decisions are based on the best interests of shareholders. Time to unionize!
The CEO makes about 350 times what the avg employee in the company makes. Disgusting.
Citi isn’t doing bad at all. Citi is just cutting back to increase profits.