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Citigroup job cuts...
Boater wrote:
Wayne.B wrote: On Mon, 17 Nov 2008 10:33:07 -0600, Vic Smith wrote: I heard that's about 10% of their work force. So that's maybe 500,000 people working for Citigroup. Twice as many employees as GM has. What are these Citigroup employees making? Cars? Refrigerators? Boats? More like 15%, 350K employees at present. It's a financial services business. There are stock brokers, clerical people, customer service folks, lots of IT jobs, loan officers, bank tellers, ATM service technicians, bond underwriters, etc. You'd miss them if they weren't there at all. No, I wouldn't miss them. But that doesn't mean I want them to lose their jobs. It's a cycle. |
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