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Jan15
How Citigroup Can Manage Layoffs
Citigroup (C) announced today that the company has suffered the biggest quarterly loss in company history - to the tune of $10B billion!  The company's stock has taken a hit and now there's talk about layoffs.  Much of this loss is due to the mortgage and financing crisis that has been going on in the U.S. for the past year. 

citigroup.gif I've talked before how bad press and rumors about layoffs can affect the morale of the whole company and how employees relate with customers.  So, how do you manage these layoffs?  The 2-Speed blog offers some tips.  I think the most important tip is communication.

Read more news about Citigroup over at CNNMoney and Reuters.

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» The Mortgage Conundrum and What Mortgage Brokers Can Do from CustomersAreAlways
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