There is also an investigation going on in the Foreign Exchange division of Citigroup Inc (NYSE:C) and there might be exits from some of the top executives in few of the divisions. Sinegal feels that the only way to cut the expenses for the company is from the bottom most segments of the employees. He also said that the management turnover has become a serious issue over the past couple of years and cited the examples of CEO change in Citigroup Inc (NYSE:C) itself along with few other key position changes in other companies.