i’m so obsessed. musically, that is…
One foot is already out the door…
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Citigroup Plans to Shed Thousands of Jobs
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| Mr. Prince’s stop in India comes just weeks before Citigroup will announce a broad restructuring plan that could involve the elimination or relocation of as many as 15,000 high-cost jobs from areas including New York, London and Hong Kong, several executives briefed on the matter say. The net job loss could be 10,000 to 12,000, some through attrition. |
| Managers in these units have been asked to review highly paid employees and look for places to cut fat, particularly just below managing director level. |
| During his town hall meeting, Mr. Prince gave an unexpected nod to John Reed, the former Citibank chief who tumultuously shared the top spot at Citigroup with Sanford Weill after it merged with Travelers Group. |
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Freshening
up at a youth
hostel in 1936, the
first year of paid
vacations in
France.
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cool!
| TwitThis is an easy way for people to send Twitter messages about your blog post or website. When visitors to your website click on the TwitThis button or link, it takes the URL of the webpage and creates a shorter URL using TinyURL. Then visitors can send this shortened URL and a description of the web page to all of their friends on Twitter. |
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