Citigroup Inc which is the third largest bank of U.S. is planning to cut 11000 jobs. It is about 4 percent of total jobs at Citi and will bring a revenue of $1.1 billion.
Michael Corbat , Chief Executive Officer in Citi in a statement said that these actions are logical for bank’s transformation.
He also said that while the bank continues to improve its global network but is full aware of potential stoppers in its growth and areas which are not providing meaningful returns.
The plan will cut 1,900 jobs in the institutional clients group, 6,200 jobs from the global consumer banking business and 2,600 jobs in the operations and technology group.
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This is how my acquaintance Wesley Virgin's autobiography launches in this SHOCKING AND CONTROVERSIAL VIDEO.
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THESE are the EXACT same tactics lots of celebrities (especially those who "became famous out of nowhere") and elite business people used to become wealthy and famous.
You've heard that you utilize only 10% of your brain.
Mostly, that's because the majority of your brain's power is UNCONSCIOUS.
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