Citi Culls 11,000
ST
Tags:
(King Kong, 1,747
Points)
on 12/5/12 at 11:05am
Taking a hit of $1bn, works out at just under 100k per person culled as payoff, anyone can provide any insight on what level this is likely to be at?
not sure how this compares to the UBS one, in terms of employee size/division/cost saving/revenue/profit etc. etc.





Most cuts coming from
Most cuts coming from consumer banking they said
As per the article it's
As per the article it's mostly b/o and retail.
100k/head sounds pretty steep
100k/head sounds pretty steep for retail and b/o roles though, no?
When you figure in benefits
When you figure in benefits and stuff.
MSF Website
MACC Website
MSF Twitter
It begins
It begins