.
Citigroup Plans to Shed Thousands of Jobs
As of March Citigroup is planning to shed thousands of American employers jobs in order to sharpen its influence on nations outside North America. The bank is interested in advancing their international affairs. The reconstruction plan includes the relocation of as many as 15,000 high cost jobs. The job cuts are part of a company wide review sparked by the mind of Robert Drunskin. With the employment of 325,000 people globally, 1 billion dollars is expected to be conserved with the cut.
The employment cuts from Citigroup can be paralleled to the event occurring between the miners in the 1900’s and immigrants. Immigrants wishing to work in the field of mining easily replaced the original American workers as they were willing to work for less money and more hours. The events of Citigroup are similar to those of the miners because in both cases the original employees were replaced for immigrants and international purposes.
As of March Citigroup is planning to shed thousands of American employers jobs in order to sharpen its influence on nations outside North America. The bank is interested in advancing their international affairs. The reconstruction plan includes the relocation of as many as 15,000 high cost jobs. The job cuts are part of a company wide review sparked by the mind of Robert Drunskin. With the employment of 325,000 people globally, 1 billion dollars is expected to be conserved with the cut.
The employment cuts from Citigroup can be paralleled to the event occurring between the miners in the 1900’s and immigrants. Immigrants wishing to work in the field of mining easily replaced the original American workers as they were willing to work for less money and more hours. The events of Citigroup are similar to those of the miners because in both cases the original employees were replaced for immigrants and international purposes.
posted by Anonymous | 12:40 AM
0 Comments:
Post a Comment
<< Home