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Employee layoffs

Citigroup Bank cutting 20,000+ jobs due to loses…..

January 13, 2024 By jamesb

They laid off 7,000 in 2023.... (They are laying off even more people and expect pay out $1 Billion + in severance pay) The company is paying $1.7 Billion in addition to an addtional $1.6 Billion they paid and counted as losses .... Let's see? That add's up to about … [Read more...] about Citigroup Bank cutting 20,000+ jobs due to loses…..

Filed Under: Government, Law, Other Things, the Economy Tagged With: Banks, Citigroup Bank, Employee layoffs, FDIC/Federal Deposit Insurance Corporation, Government, Law, US Bank Layoff's

Facebook/Instagram parent Company Meta to lay off 10,000 employee’s….

March 14, 2023 By jamesb

They keep telling us the economy is good.... The Fed keeps raising interest rates.... Consumer prices keep going up..... Gas prices also.... Yea...Everythings fine, eh? Meta, the owner of Facebook and Instagram, said on Tuesday that it planned to lay off about … [Read more...] about Facebook/Instagram parent Company Meta to lay off 10,000 employee’s….

Filed Under: Other Things, the Economy Tagged With: American tech companies, Employee layoffs, Facebook/Instagram/Meta, US Economy

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