Thread regarding Citigroup Inc. / Citibank / Citi layoffs

As far as challenges Citi have many, including people which live with their head in the sand, just like the 2 that commented before me, Future does not look too good for a company that lost it's identity, no growth, no matter how much blood the company tries to squeeze from its customers and employees, the stock can’t break out of the flatline it’s been in for a while. The stock has risen less than 10% in the past two years. The S&P 500, during the same period, has risen more than four times as much. but there is a long way to go with businesses that are providing slow growth, therefore deep job cuts will continue, for those that expect to retire, rethink your position. Given the low growth mix of businesses, challenging competitive environment and declining margins and cash flow in its existing operations, I believe that the company may be hard pressed to achieve the leverage reduction goal, future does not look too good for a company that lost it's identity.