Bullsh*t Alert

Citigroup issues a press release about job losses with the world’s most bullshit pr-speak paragraph ever seen:

“Citigroup today announced a?series of repositioning actions?that will further?reduce expenses?and?improve efficiency?across the company while maintaining Citi’s unique capabilities to serve clients, especially in the emerging markets. These actions will result in?increased business efficiency,?streamlined operations?and an?optimized consumer footprint?across geographies.” [Bold phrases are my emphasis]