Cuts at Citi

Whats going on with Citi, 4,500 cuts? What division were these people let go from

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3 Comments

BeastMode

HF

14y

Rumors of this happening about two weeks ago said that they were cutting 3000, of which 900 were coming from S&T and IBD, so I would assume that a similar portion of these cuts are from those businesses, with the rest of them spread across segments.

Here's the first link that came up: http://articles.economictimes.indiatimes.com/2011-11-17/news/30410267_1…

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Authored by: Certified Hedge Fund Professional - Research AnalystCertified Hedge Fund Pro

ST Monkey

ST

14y

they are mostly from the prop trading division.

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Authored by: Certified Sales & Trading Professional - 3rd+ Year AssociateCertified Sales & Trading Pro

blackopsmonkey

?

14y

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Cuts at Citi

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Cuts at Citi

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