CFO Mark Mason said that "the reorganization plan will result in a 15% reduction in functional roles for its top two layers of management."
Do we think this rate of layoffs will increase as seniority decreases (15% of EMT-1/-2, 20% of EMT -3, 25% of EMT -4) or will the opposite be true (15% of EMT-1/-2, 10% of EMT -3, 5% of EMT -4) ?
Source for quote: https://finance.yahoo.com/news/citigroup-profit-holds-steady-investment-120340025.html