• 10 Jul 2008 at 9:33 AM

Hiring Freeze At Citi?

By John Carney

Supposedly Citi has instituted a “full” hiring freeze. Sort of makes sense, if they were hoping to not just break even after the recent (and ongoing!) firings, but sad nonetheless for those hoping this would be the year they’d make it to Panditville. No word on how this will effect summers’ offers.

Comments (13)

  1. 1
    Posted by guest | July 10, 2008 at 9:51 AM

    affect

  2. 2
    Posted by guest | July 10, 2008 at 9:52 AM

    affect

  3. 3
    Posted by guest | July 10, 2008 at 10:02 AM

    ..thus preventing someone from being the first person in history to jump onto a sinking ship

  4. 4
    Posted by guest | July 10, 2008 at 10:03 AM

    Hiring freeze has been in place for well over a month.

  5. 5
    Posted by Anal_yst | July 10, 2008 at 10:13 AM

    @ 10:03
    Challenge.
    Cursory search of Citigroup careers website shows openings in virtually (if not) every group in North America, including IB

  6. 6
    Posted by guest | July 10, 2008 at 10:23 AM

    Lots of companies keep positions on the website, even when a freeze is on. All about appearances, you see.

  7. 7
    Posted by guest | July 10, 2008 at 10:27 AM

    No summer is going to be called back.
    No whining though guys. Summers should be grateful that they have got someplace to be for this summer. You could work 120 hour weeks from now on or not show up for work at Citi if you’re there for the summer — but no offers are going to be made – associates or analysts.
    Sorry guys to break this news to you, but rather you hear it here first.
    Just a matter of time before other banks follow suit.

  8. 8
    Posted by guest | July 10, 2008 at 10:36 AM

    Citi’s female summers need to merge with massage parlors in order to survive.

  9. 9
    Posted by diablo | July 10, 2008 at 10:59 AM

    Anal, it must be the guy who maintained the careers section of their website was fired and not replaced. Also, some positions are “always open” for some legal reasons that I’m not going to get into.

  10. 10
    Posted by guest | July 10, 2008 at 11:22 AM

    Can you get into that Diablo? What legal obligation does Citi (and others) have to keep some positions “always open”? My professors teach me nothing…

  11. 11
    Posted by HAM05 | July 10, 2008 at 11:55 AM

    equal opportunity employment and such…

  12. 12
    Posted by Anal_yst | July 10, 2008 at 1:17 PM

    I’m told that plenty of jobs have been posted today, maybe some groups have a hiring freeze, that sounds more plausable

  13. 13
    Posted by guest | July 10, 2008 at 7:56 PM

    @ Anal_yst
    It’s for show.

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