Massive job cuts for Citibank - Democratic Underground

malaise

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Mon Nov-26-07 05:35 PM
Original message

Massive job cuts for Citibank

Edited on Mon Nov-26-07 05:36 PM by malaise

I'm beginning to wonder about that strange post here a few weeks ago.
MSNBC

add

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villager

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Mon Nov-26-07 05:43 PM
Response to Original message

1. ??

n/t

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aquart

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Mon Nov-26-07 06:10 PM
Response to Reply #1

2. Something about a major bank being in trouble.

My guess was Citi, someone else thought it might be Wells Fargo.

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malaise

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Mon Nov-26-07 06:55 PM
Response to Reply #2

5. A few banks

It was a weird post with some ridiculous claims. I saw the Wells Fargo post.

Layoff link
http://afp.google.com/article/ALeqM5ivob-uKBAnebClZhFe9Gtmqf5ArA

Citigroup shares below $30, first time since 2002
http://www.reuters.com/article/bankingfinancial-SP/idUSN2642105820071126
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Trouble is coming

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marmar

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Mon Nov-26-07 06:49 PM
Response to Original message

3. I feel bad for the employees.....

But as a Shittybank cardholder, I'm not surprised that their management team has so bollocksed things up.

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demosincebirth

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Mon Nov-26-07 09:08 PM
Response to Reply #3

6. Hope they don't cut out their "cash back" rewards.

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seemslikeadream

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Mon Nov-26-07 06:51 PM
Response to Original message

4. growing fears that a big bank could go under as a result of losses in the US subprime mortgage and s

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=2334872

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