Citigroup Cuts More Than 300 Senior Manager Roles

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Citigroup is eliminating more than 300 senior manager roles as part of CEO Jane Fraser's efforts to simplify the Wall Street giant. Sonali Basak has more on "Bloomberg Markets."

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Right before the holidays - these are people who grew with the company. This is why I have multiple income streams and jobs

engineered-mind
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Citigroup actually started its decline around year 2000 until now.

emypena
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Very sad people loosing their jobs please please God help all the people and there families

vijayantgovender
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Long overdue wave of changes at Wall Street's biggest performance laggard.

joewest
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What happens to the super duper exceptional H1B aliens they hired to make Citi great once again.

Ajay_Kumar-uqrd
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These senior managers don't do much anyway... all the work are delegated

AnythingJW
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Citigroup you work alone with 0 employees

shrutibelsare
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Sonali Basak really needs to be more prepared. She sounds like she’s just reading for the first time what the prompter is displaying. She is not a good reporter nor anchor.

lahnaflore
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😏 lol, restructuring redundant managers should not worry, after the sign-on bonuses run out there will be plenty of supply for your next home downsizing

shoopddawhooped