Project Bora Bora

Here is another massive cut in the neighborood:

https://www.cnbc.com/2023/11/06/citigroup-considers-deep-job-cuts-project-bora-bora.html

The corporate overhaul, known internally as “Project Bora Bora,” has employees on edge.
Managers and consultants working on Citigroup CEO Jane Fraser’s reorganization have discussed job cuts of at least 10% in several major businesses, according to sources.
Executives will see cuts beyond 10% because of Fraser’s push to eliminate regional managers, co-heads and others with overlapping responsibilities, they said.
The talks are early and numbers may shift in coming weeks.

4 replies (most recent on top)

Someone seriously landed on the wrong site.

Let’s get there fast and then we’ll take it slow, that’s where we want to go, way down in Bora Bora

What goes on in Bora Bora stays in Bora Bora.

“Bora Bora? Bora Boring!”