https://www.reuters.com/article/us-citigroup-layo…
Luckily for us finance bros, the job cut focus is actually in Tech & Ops.
"Forese said the positions, which make up almost two-fifths of investment bank employees at Citi, could be replaced by machine processing, the FT reported."
Should we all still quit finance and become software engineers? The tide might be slowly changing already. The engineers are going to program themselves out of a job, how ironic.
| +119 | I think I’m logging off after ER visit | 23 | 1d |
| +101 | Is it Bad That I ALREADY Don’t Care? | 31 | 6h |
| +94 | AI Creating More Work | 29 | 12m |
| +91 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 10 | 10h |
| +62 | Shit PWP Culture | 43 | 7h |
| +59 | Consulting Son or CorpDev Daughter? | 6 | 4d |
| +44 | How easy was recruiting for you? | 21 | 5d |
| +36 | 22yo IB Analyst just had mental health breakdown | 11 | 1d |
| +25 | Is the life of a VP at a 'top-bank' really good? | 6 | 17h |
| +22 | Law school instead of MBA for RX Banking | 3 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Qui porro error voluptate dolores iste similique. Incidunt ut velit repellendus expedita incidunt distinctio qui. Quas unde consectetur ab accusantium rerum.
Nam nesciunt non cumque quos aut aliquid dolorem. Occaecati deserunt et nostrum aperiam aut dolor sunt. Vero iusto qui quo. Expedita doloribus quam rem non voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...