Citigroup Cuts 150 Jobs, Shrinks Bonuses

We hear the Fed is hiring.

The deleveraging of Wall Street continues.  Citigroup is down 50,000 employees since the 2008 crisis.

Comments

[JosephConrad]

Citigroup si one of the TOP FIVE MOST FRAUDULENT, CRIMINAL ENTERPRISES IN THE U.S - since the Mafia! It needs to be broken up into its constituent parts and the TOP 10% OF ITS EXECUTIVES criminally prosecuted for FRAUD, TAX-EVASION, CONSPIRACY & SCORES of RICO LAW VIOLATIONS. To do anything less is just silly talk!

[Mike Tyson]

150 out 260,000 employees...wow

[DailyBail]

I think the more important point was the lower bonus pool.