Citi’s Singapore workforce shrinks by 500 amid global restructuring — ST
https://theedgemalaysia.com/node/718175
https://theedgemalaysia.com/node/718175
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Boss John.....no worries, u can sleep well liao - Citi only reduce 500 Head counts this week in SG. All will be Heng Ong Huat lah
- Thread starter k1976
- Start date
Citigroup Inc’s workforce in Singapore has shrunk by about 500 people amid a global restructuring planned by the Wall Street giant, the Straits Times reported Monday.
It currently has 8,000 full-time and contract staff in the city-state, down from 8,500 in October. The lender has eliminated management layers and other roles focused on Asia Pacific to streamline operations, ST reported.
Some staff have moved
to the bank’s newly formed international division that oversees its businesses outside of North America, Singapore Citi country officer Tibor Pandi said in an interview with the local newspaper.
It currently has 8,000 full-time and contract staff in the city-state, down from 8,500 in October. The lender has eliminated management layers and other roles focused on Asia Pacific to streamline operations, ST reported.
Some staff have moved
to the bank’s newly formed international division that oversees its businesses outside of North America, Singapore Citi country officer Tibor Pandi said in an interview with the local newspaper.
Management layers are fewer, decision-making is faster, and the governance across the firm becomes much simpler,” Pandi was reported as saying.
Singapore remains one of the bank’s largest operations, Pandi said. Citi Singapore is looking to hire more staff for its growing wealth business as well as commercial bankers to cater to companies expanding in the region, he added.
Singapore remains one of the bank’s largest operations, Pandi said. Citi Singapore is looking to hire more staff for its growing wealth business as well as commercial bankers to cater to companies expanding in the region, he added.
How come all these ang mo companies all helmed by yindians?
AMDK know CECA ish best talents around....leemember British ex-PM Sunak?
After tanking all the dirty work...can go liao
Wooden Goh has been sleeping well for the entire year!
Agent Gin Customer Support Base is in rapidly decline....no wonder she need to cum out to create more public awarenessGive u a +1 for headline
Those affected will likely be Sinkies. CECAs are protected species declared PAP.
Boss John must be really sleeping well since no comment or reply to u . Did a sinkie pawn Sinkies
Sleep so early, must be more good news cuming
U must have the CECA card.
Congratulations to those who lost their jobs and voted for PAP.
You deserve who you voted for
You deserve who you voted for
Maybe they voted WP
People who work in banks have their heads stuck up their arses. They look down on WP.
