Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Citi is Complicated

The article says maybe 2K more will be let go outside of the 7K already laid off. Good guess? https://www.fool.com/investing/2023/10/27/citigroups-quarter-its-complicated/

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Post ID: @OP+1pkBPplf

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lol

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Post ID: @eap+1pkBPplf

2k more may be low, but I do think that all the freaking out saying 20% of Citi etc is ridiculous. No where did Jane or anyone say there would be huge layoffs, just huge restructuring. Not the same thing.

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Post ID: @erb+1pkBPplf

“ Citigroup, one of the biggest banks, a really solid history of not being well managed.” - -Ouch

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Post ID: @sxu+1pkBPplf

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