No wonder morale is low at Citigroup (C). In addition to layoffs, a cancelled Christmas party, a horrible year for its stock and disgusting bathrooms, there will not be a model train track installation in the lobby this year:
Bloomberg: A holiday toy-train exhibit that first went on display 21 years ago at the Citigroup centre office tower is nearing the end of the line, derailed by the bank’s cost- cutting.
The lender, which is eliminating 52,000 jobs after getting a $45 billion government bailout, canceled sponsorship of the free show visited by more than 125,000 people a year. It means a savings of about $240,000 for Citigroup Inc.
(via NY Mag)
Citi Cancels Christmas