CitiGroup Layoffs
Amid all the statements from the open borders crowd about jobs Americans won’t do is this post highlighting an example of what jobs corporate America won’t let Americans do. One of the reports from below, of course, from a news source for India, indicates Citi Group may move 9500 jobs to India. If true, will they be changing the
company name to Dehli Group? They are not the first or only corporation to move American jobs offshore. And part of the reason for this post is to help all those who ran the page hits up on our other Citi Group layoff posts. I must say it seems a little peculiar to stop here for your Citi Group news, but hey, it’s fine by us.
Maybe the second report below is how the whole layoff rumor got started. The last time we posted on this story a visit to the corporate website found no press releases on layoffs. But there was a vast amount of PR items on all the things Citi Group is doing for their offshore employees and how well their offshore customers like them. That just warms our hearts. But the source for the second report caused a few chuckles here (World Socialist Web Site).
But if Newsday is publishing a report on how hard NYC is being hit by this news, someone should call Hillary Rodham Clinton so she can change into her cape and tights before coming to the rescue. She’ll save us. No big bad corporation will get away with this if Hillary Rodham Clinton finds out. Well unless they are contributing to her campaign. I suppose that would be bad manners to take money from a corporation and then turn around and give them grief over a few lousy jobs. Besides, those laid off can get hired for one of those new high skilled jobs they were talking about. Ya, that’s the ticket.
But the last report below has to take the cake. Who was the bright one at Bank Net that came up with that headline. If the employees are still in the dark about the layoffs then how come the quote in the excerpt has an employee stating seeing it in the news but heard nothing from the company? That’s not being in the dark. That is either being stiffed by the employer or they are not required to state their intentions yet. Or perhaps no layoffs but we doubt it.
Well there you are folks. Our little contribution to informing the public with information that is widely available on the internet and elsewhere. But because the traffic log shows this topic as popular, we can’t resist posting again on a slow day. As a bonus it provides an excuse to harrass American-based corporations (soon to be relocated) and one of our favorite targets Hillary Rodham Clinton who will save us all.
C. Harris
MoreWhat.com
Massive job cuts at Citigroup
Jamaica Observer, Jamaica - Apr 12, 2007
“Ultimately these changes will streamline Citi and make us leaner, more efficient, and better able to take advantage of high revenue opportunities,” said …Banking giant Citigroup to cut 17000 jobs
World Socialist Web Site
Citi may shift 9500 jobs to India
Daily News & Analysis
Citi job cuts to hit NYC hard
Newsday
Citigroup Employees Still in Dark on Layoffs
BankNet 360, NY - Apr 12, 2007
“I haven’t heard anything so far, just seen the news,” said a banker in the Manhattan office of Citi’s asset-backed securities department, who added he was …
