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2008-11-18 Home Front Economy
Citigroup to slash 50,000 jobs
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Posted by Fred 2008-11-18 00:00|| || Front Page|| [6 views ]  Top

#1 Knowledge-Based and tech Economies running out of steam? Let's try something really innovative, really old-time American, like....manufacturing something that people need.
Posted by Besoeker 2008-11-18 08:11||   2008-11-18 08:11|| Front Page Top

#2 That's a pretty radical concept Besoeker.
Do you really think it could work?
Posted by bigjim-ky 2008-11-18 08:54||   2008-11-18 08:54|| Front Page Top

#3 Thought you might enjoy this Jim.
Posted by Besoeker 2008-11-18 09:30||   2008-11-18 09:30|| Front Page Top

#4 Just saw your video find Besoeker, Talk about a blast from the past, very nice find.
Thank you
Posted by Redneck Jim 2008-11-18 11:46||   2008-11-18 11:46|| Front Page Top

#5 Pay special attention to the 'cheap money' part in the last minute of the film. It did come to pass, and it damn near wrecked us.
Posted by bigjim-ky 2008-11-18 16:51||   2008-11-18 16:51|| Front Page Top

#6 Firing people is HARD work, I think I'll give myself a large bonus.
Posted by CEO 2008-11-18 21:31||   2008-11-18 21:31|| Front Page Top

#7 Done properly, firing people is indeed hard work. Hopefully, those freed from Citigroup's current struggles will quickly find ways to employ their skills and and company-paid training in ventures more appreciative of what they have to offer. In the current financial climate Mr. Wife's company feels compelled to focus more closely on those efforts most likely to be profitable, which sadly means some very good people are being downsized out of jobs there. But there is no doubt that those companies out there clever enough to pick them up will get a very good return on their investment, painful as the interim is for all involved.
Posted by trailing wife 2008-11-18 23:22||   2008-11-18 23:22|| Front Page Top

23:48 crosspatch
23:47 trailing wife
23:46 trailing wife
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23:25 .5mt
23:24 trailing wife
23:22 trailing wife
23:20 JosephMendiola
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23:14 crosspatch
23:13 rammer
23:13 .5mt
23:10 Jeremiah Thaise1218
23:08 .5mt
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22:48 trailing wife
22:46 JosephMendiola
22:46 .5mt
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