Layoffs Watch ’11: Citi

Cuts still going down at the House of Vikram.

“More layoffs happened at Citi yesterday, in S&T and commodities, with apparently with more to come.”

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25 Responses to “Layoffs Watch ’11: Citi”

  1. ChukG says:

    Real shiti

  2. Markus Niku says:

    these jobs will never return…

  3. guest says:

    Slick Vik: The reason we're having this conversation is your position is no longer available.

    Former Citi Employee: I don't understand. I'm fired?

    Slick Vik: Hearing the words "You've been let go" is never easy. Change is always scary, but consider the following: anybody who ever built an empire or changed the world sat where you are now. And it's because they sat there that they were able to do it.

    Former Citi Employee: But what happens now?

    Slick Vik: This is the first step of a process that will end with you in a new job that fulfills you. Yeah, but how does it work? Take the packet in front of you. Review it – all the answers you're looking for are inside.
    Start filling out the necessary information and before you know it you will be on your way to new opportunities.
    Now, I need you to go back to your desk and start putting together your things. As a favour to me, I'd appreciate it if you didn't spread the news just yet. Panic doesn't help anyone.

    Former Citi Employee: I understand.

  4. Guest says:

    what does S&T stand for?

  5. Anonymous says:

    I'd personally fire the guy on the screen too. Douchebag.


  6. Guest says:

    That puts some context on the ".. and apparently more to come." ending to that story. Not that one would suspect a meaning any other.

  7. Chief says:

    Sugar & tits

    – Mel G.

  8. Anon says:

    Style of boots?

    -guy who can tell things from boots

  9. Guest says:

    commodities cuts are commonplace these days

  10. nEA9sU Major thankies for the blog.Really thank you! Great.

  11. NEAA says:

    I truly appreciate this article. Fantastic.