Citigroup CEO Jane Fraser: We will give the layoff number in Q4 earnings

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[ginabess]

They're downsizing, but Jane Fraser got a bonus to cover multiple salaries a year. Sad. How do these corporate people sleep at night? She will reap

[kingjustice]

I’m sure Citi employees can’t wait for her to unlock (3:16) the value in Q4. I’m always amused by the colorful language used to describe lay-offs and/or a rough road ahead. 🤡

[rcgzoke]

Used to be called layoffs, then "right-sizing" and now we got unlocking value and eliminating complexity. Translation...firing a lot of ass.

[marielux]

They’ll fire a bunch of employees and then send the jobs overseas where they can pay some poor Filipino a quarter of the salary

[cwaddle]

I like the path that they are taking. They have an impression of being complacent and lacking ambitions. They need to lay off staff and bring changes

[abc]

I was part of the layoffs and let me tell you, it was not because I was free all day long. I only see my co-workers swamped by work now, in the end you will need to open many of those closed positions as capacity is something that matters and can't be just ignored.

[sallywilliams]

Finally streaming Brilliant idea to unlock value of Citi.
Company had too many layers.
Great progress.

[brianVennable]

The current economic system contributes to instability, inflation, and poverty. A new Creative Society economic model is required, one that can guarantee everyone's stability, security, and a high standard of living. But unfortunately, whenever the leaders we depend on appear on TV to tell us not to panic that everything is under control, that is actually the time to fear the most! Saddening...

[ericsynchrona]

The crow birds in this interview are like "I'M ON TV!"

[aaawaa]

I think she is heading in the right direction. Not sure we will see any immediate uptick in share price. Hopefully the board waits.

[bachirkacimi]

See how they run! What expecting to cut jobs to care about the clients, only their own pockets. The money game 🎮🎯

[lindaschubert]

You don't say how you are making changes that will benefit your clients.

[thatswhaticallmusic]

Jane should be made to get a salary of $1. She will remember how they all removed ex CEO.

[micheal]

All she cares about is staff being in 3 days a week

[arnemarkussen]

Hvorfor har du ikke skrevet på konvolut mit adresse Jane

[seanx]

they should lay her off and all the goofs earning millions... No need for those salaries anywhere.. All corporations need to stop rewarding these brats..

[andybelloland]

Jane its taken years to implement change and "transformation" while your collecting millions in compensation and shareholder value sinks. You need to implement change or perhaps we need a change in the CEO spot. Enough with the BS!

[olafbaeyens]

Big companies are failing. If you want job security go to smaller companies. If you stay you will be fired anyway.

[sngs]

Jane Fraser better hopes her plans to work...If not, she needs to plan her retirement soon!

[FocusProj]

When you see a woman CEO, you know the company is going down.