• 23 May 2011 at 9:27 AM

Layoffs Watch ’11: Citadel

By

Some cuts have gone down in the firm’s investment banking unit.

Apparently most of the team that worked under i-banking co-head Craig Stine, who departed two weeks ago, was laid off on Friday.

Sign up for the Dealbreaker newsletter

Subscribe to our free daily email and get breaking news, financial headlines, commentary, and analysis from Dealbreaker.

— Advertisement —

Comments (27)

  1. 1
    Posted by charlie gasparino | May 23, 2011 at 2:43 PM

    nice spelling  on mr. stine. 

  2. 2
    Posted by charlie gasparino | May 23, 2011 at 2:43 PM

    nice spelling  on mr. stine. 

  3. 3
    Posted by Wunder Uater | May 23, 2011 at 2:55 PM

    KG is the best scuba diver ever! 

  4. 4
    Posted by Wunder Uater | May 23, 2011 at 2:55 PM

    KG is the best scuba diver ever! 

  5. 5
    Posted by Bubba | May 23, 2011 at 3:00 PM

    “Craig Stine, who departed two weeks ago” — keep them guessing – departed as in died or left the firm

  6. 6
    Posted by Bubba | May 23, 2011 at 3:00 PM

    “Craig Stine, who departed two weeks ago” — keep them guessing – departed as in died or left the firm

  7. 7
    Posted by Lloyd B | May 23, 2011 at 3:06 PM

     I just reviewed our archives and was shocked to discover that we did not start out with departures and layoffs.  Weird. 

  8. 8
    Posted by Lloyd B | May 23, 2011 at 3:06 PM

     I just reviewed our archives and was shocked to discover that we did not start out with departures and layoffs.  Weird. 

  9. 9
    Posted by Guest | May 23, 2011 at 3:09 PM

    good one.

  10. 10
    Posted by Guest | May 23, 2011 at 3:09 PM

    what?

  11. 11
    Posted by Guest | May 23, 2011 at 3:09 PM

    what?

  12. 12
    Posted by Guest | May 23, 2011 at 3:10 PM

    That’s how his name is spelled, so not sure what the joke is…

  13. 13
    Posted by Guest | May 23, 2011 at 3:10 PM

    That’s how his name is spelled, so not sure what the joke is…

  14. 14
    Posted by Guest | May 23, 2011 at 3:11 PM

    Departed as in rapture.  Which would mean there are plenty of opportunities now that GS was completely taken up.

  15. 15
    Posted by Guest | May 23, 2011 at 3:11 PM

    Departed as in rapture.  Which would mean there are plenty of opportunities now that GS was completely taken up.

  16. 16
    Posted by Please Stand Up | May 23, 2011 at 3:26 PM

    I’m pretty sure that the real Jeff Macke submitted all of the comments above.

  17. 17
    Posted by JC | May 23, 2011 at 3:34 PM

    Every time an investment banker gets laid off an angel loses its wings and heavenly value in its purest form is destroyed. If I would have known about this matter ahead of time, I would have stuck to my initial schedule for the 5/21/11 rapture.

    JC

  18. 18
    Posted by JC | May 23, 2011 at 3:34 PM

    Every time an investment banker gets laid off an angel loses its wings and heavenly value in its purest form is destroyed. If I would have known about this matter ahead of time, I would have stuck to my initial schedule for the 5/21/11 rapture.

    JC

  19. 19
    Posted by Guest | May 23, 2011 at 4:52 PM

    doesn’t everyone get fired from citadel after 2 years?  Never met anyone who lasted longer than that… 

  20. 20
    Posted by Guest | May 23, 2011 at 5:56 PM

    Try that in English next time, and do not rip off someone elses name. 

  21. 21
    Posted by Guest | May 23, 2011 at 6:01 PM

    Alex Lurye. 

  22. 22
    Posted by Guest | May 23, 2011 at 6:22 PM

    Uh, the comment made perfect sense but it’s cute how you tried to cop an oft-used DB comment. 

  23. 23
    Posted by Guest | May 23, 2011 at 6:23 PM

    It makes perfect sense except for the fact that everyone *quits* Citadel before their two years are up.

  24. 24
    Posted by Guest | May 23, 2011 at 7:24 PM

    Harsh. Cut off from the mother’s milk shakes. 

  25. 25
    Posted by SOES bandit | May 24, 2011 at 5:50 PM

    what about J. Morgan Slade?

  26. 26
    Posted by Malimisp | April 18, 2012 at 2:58 PM

    you love this? replicaslouisvuitton.beeplog.com/ to get new coupon

  27. 27
    Posted by Bristol Airport Hotels | April 19, 2012 at 1:36 AM

    NTk14N Enjoyed every bit of your blog article.Really thank you!

Leave a comment

You can log in with your account or comment as a guest below.

   or