Page 1 of 4 123 ... LastLast
Results 1 to 20 of 70

Thread: Citibank to lay off 50,000 workers.......

  1. #1
    Practice Squad
    Join Date
    Jan 2006
    Location
    Killingworth, CT
    Posts
    474

    Citibank to lay off 50,000 workers.......

    ....while paying the Mets $20 million dollars a year for the naming rights to their new ballpark. Unbelievable!!!!!!!!!!!!!!!!!!!!!

  2. #2
    Layoffs are usually a way to get rid of the loser workers anyway. I do feel for the competent people that lose their jobs though.

  3. #3
    Hall Of Fame
    Join Date
    Jan 2006
    Posts
    10,866
    Stock market is going to crash even further today.

  4. #4
    All Pro
    Join Date
    Apr 2005
    Location
    LI NY
    Posts
    5,086
    Quote Originally Posted by jetsfan1983 View Post
    Layoffs are usually a way to get rid of the loser workers anyway. I do feel for the competent people that lose their jobs though.
    Your kidding right? I would hate to think the world reacts like you would. I just lost my job last week because the bank I worked for decided to buy another firm that was not worth toilet paper and fire it's own people to make the aquisition.

    Stupid post bro......

  5. #5
    Quote Originally Posted by LIDeadHead View Post
    Your kidding right? I would hate to think the world reacts like you would. I just lost my job last week because the bank I worked for decided to buy another firm that was not worth toilet paper and fire it's own people to make the aquisition.

    Stupid post bro......
    My post is absolutely correct. Cases such as yours is the reason that I put in words like "usually" and the sentence like "I feel bad for the competent people who lose their jobs."

  6. #6
    Schluberator & Gadfly
    Join Date
    Mar 2005
    Location
    Virginia
    Posts
    26,323
    Quote Originally Posted by GeorgeSauer View Post
    ....while paying the Mets $20 million dollars a year for the naming rights to their new ballpark. Unbelievable!!!!!!!!!!!!!!!!!!!!!
    How about AIG plans to pay Execs 500 Million in bonuses using the bailout money?

  7. #7
    JetsInsider.com Legend
    Join Date
    May 2003
    Location
    Nassau Bay, TX
    Posts
    52,148
    Quote Originally Posted by chesapeakejet View Post
    How about AIG plans to pay Execs 500 Million in bonuses using the bailout money?
    What's wrong with that?

  8. #8
    Schluberator & Gadfly
    Join Date
    Mar 2005
    Location
    Virginia
    Posts
    26,323
    Quote Originally Posted by PatsFanTX View Post
    What's wrong with that?

  9. #9
    Banned
    Join Date
    Apr 2008
    Location
    NYC
    Posts
    9,157
    It's Obama's fault.

  10. #10
    Banned
    Join Date
    Sep 2005
    Posts
    9,511
    Quote Originally Posted by chesapeakejet View Post
    How about AIG plans to pay Execs 500 Million in bonuses using the bailout money?
    Better pay 'em now, before Obama raises taxes.

  11. #11
    All League
    Join Date
    Dec 2007
    Location
    NYC
    Posts
    3,162
    Quote Originally Posted by jetsfan1983 View Post
    My post is absolutely correct. Cases such as yours is the reason that I put in words like "usually" and the sentence like "I feel bad for the competent people who lose their jobs."
    You are wrong- there have already been a number of job cuts the past few years that got rid of non-productive workers...they're not trimming the fat anymore, but cutting into muscle...the banks are in pure survival mode now, raising cash any way they can

  12. #12
    All Pro
    Join Date
    Apr 2005
    Location
    LI NY
    Posts
    5,086
    Quote Originally Posted by Tucker134 View Post
    You are wrong- there have already been a number of job cuts the past few years that got rid of non-productive workers...they're not trimming the fat anymore, but cutting into muscle...the banks are in pure survival mode now, raising cash any way they can
    At least you get it. I thought I was immune to these hard times just last week. It's going to get much, much worse....

  13. #13
    All Pro
    Join Date
    Sep 2005
    Location
    Rhode Island
    Posts
    7,007
    Quote Originally Posted by LIDeadHead View Post
    Your kidding right? I would hate to think the world reacts like you would. I just lost my job last week because the bank I worked for decided to buy another firm that was not worth toilet paper and fire it's own people to make the aquisition.

    Stupid post bro......
    +1

  14. #14
    All League
    Join Date
    Apr 2003
    Posts
    3,052
    i used to work for citigroup and they have already cut over 20,000 jobs..so i would say the "losers" are gone.

  15. #15
    Banned
    Join Date
    Sep 2005
    Posts
    9,511
    Quote Originally Posted by hendu24 View Post
    i used to work for citigroup and they have already cut over 20,000 jobs..so i would say the "losers" are gone.
    Yourself included?

  16. #16
    All Pro
    Join Date
    Jul 2007
    Location
    Jerzey
    Posts
    5,698
    Quote Originally Posted by jetsfan1983 View Post
    Layoffs are usually a way to get rid of the loser workers anyway. I do feel for the competent people that lose their jobs though.
    layoffs are made, to create earnings (for stockholders) to cut costs to make more profit on their income statements...

    and of course if the company is doing awful

    its not like the economy is, prospering, its part of the economic downfall


    take an accounting class will you!
    Last edited by Mikey Z 6; 11-17-2008 at 11:53 AM.

  17. #17
    All League
    Join Date
    Apr 2003
    Posts
    3,052
    Quote Originally Posted by Roger Vick View Post
    Yourself included?
    no i made it thru the cuts, i left for another job and just got laid off.

  18. #18
    JetsInsider.com Legend
    Join Date
    Dec 2005
    Location
    Jets Stadium Section 246
    Posts
    36,924
    Citibank to lay off 50,000 workers.......
    Thank goodness. I thought it was going to be something really terrible like 55,000!






    This economy is teh suck until 2010 at the earliest.

  19. #19
    Banned
    Join Date
    Sep 2005
    Posts
    9,511
    Quote Originally Posted by hendu24 View Post
    no i made it thru the cuts, i left for another job and just got laid off.
    congratulations

  20. #20
    All League
    Join Date
    Apr 2003
    Posts
    3,052
    Quote Originally Posted by Roger Vick View Post
    congratulations
    on getting laid off? thanks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Follow Us