Citi CEO Jane Fraser is talking about getting “leaner” and “unlocking the value of Citi…” Of course, delivering growth and executing organizational change means layoffs. During this process, she had no problem taking a 8.9% raise and makes $24.5 million, or to put it into perspective for us commoners, that’s $192,000 for an 8 hour day. Even better, $400 a minute, every hour of every day, for 365. I’m sure it’s well deserved.
Citi CEO Jane Fraser is talking about getting “leaner” and “unlocking the value of Citi…” Of course, delivering growth and executing organizational change means layoffs. During this process, she had no problem taking a 8.9% raise and makes $24.5 million, or to put it into perspective for us commoners, that’s $192,000 for an 8 hour day. Even better, $400 a minute, every hour of every day, for 365. I’m sure it’s well deserved.