Citigroup Laying Off 2,000 More
Citigroup Inc. plans to lay off an additional 2,000 employees from its markets and banking unit, and in this latest round of job cuts, senior investment-banking officials won’t be spared, according to two people with knowledge of the decision.
The latest round of job cuts at the New York-based bank brings its layoffs since the mortgage crisis began to more than 6,000, or about …
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I have a very close friend, who graduated from Harvard. Worked for ML for over 8 years, recently he’s been “right sized” too, despite of his outstanding performance and the increasing revenue he generated. OMG, now the banking industry is badly hurt, how long it would take for those financial background guys like him get back to the job market. Banking jobs are not there as much as before as easily seen on http://www.joboutlets.com and other job sites in the region