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Management Strategies

05:47 PM
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Citi, Hiring or Firing? Corporate sponsor hard to read.

I was surprised to chance upon a recruitment ad from Citi this week, considering that the $2-trillion giant is in the process of shedding 75,000 staff, or 20 percent of its global workforce, as discussed in the latest issue of BS&T magazine.

I was surprised to chance upon a recruitment ad from Citi this week, considering that the $2-trillion giant is in the process of shedding 75,000 staff, or 20 percent of its global workforce, as discussed in the latest issue of BS&T magazine.Up popped (and promptly disappeared) an ad from Citi while I was on the web site of a daily newspaper, The Dallas Morning News. The ad proclaimed to offer, "The career you want, the benefits you would expect."

Meanwhile, New York public radio station, WNYC began its new year broadcasting with a repeat of a recent, popular item on New York-based Citi, in which it invited listeners to rename the Mets new corporate-sponsored baseball stadium as something other than Citi Field. Citi received a $300-billion bailout from the U.S. government, since lending its name to the stadium so, the station asked, "is a renaming in order for Citi Field? Taxpayer Field?"

Debtors' Field was one of the first suggestions received. You can hear other suggestions here.

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