From the LVRJ: Citigroup Inc. will eliminate 760 jobs in its Las Vegas mortgage unit though layoffs starting in December, a move the company attributes to a drop in home loan refinances driven by higher mortgage rates.
The cuts will eliminate more than two-thirds of the CitiMortgage staff based at the Lakes at 8725 W. Sahara Ave. Work will end for most on Dec. 20, with the remainder of the positions eliminated in March, a company spokesman said.
“In response to decreased demand for mortgage originations and refinancing, CitiMortgage is eliminating some positions in sales, fulfillment, underwriting and mortgage default functions at Citi sites in Las Vegas and Irving, Texas,” Mark Rodgers, director of Citi public affairs in New York, said in a statement. http://www.reviewjournal.com/business/banking/citi-cut-760-jobs-las-vegas-mortgage-unit
Obama has pretty much destroyed the economy and it's not going to get better but only worse when ObamaCare takes full effect.
The jobs situation is horrible as many jobs are being eliminated or the hours and wages are being cut and more people are on social welfare programs than at any time in history.
Obama without a doubt that Obama has been the worst president in American history, someone who has truly damaged the United States. The democrats who have supported him are even worse- they know he is a mentally incompetent horse's ass but they won't do anything to correct his mistakes because they are just a bunch of chicken shit cowards who are afraid of being called a racist.
I'd say I wish a meteor would come out of the sky and knock Obama on his ass and make him mentally incompetent to serve, but then again, we already have a mentally challenged vice president, so it wouldn't make any difference.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment