Layoffs/Hiring Watch '11: Citi

The bad news, as previously mentioned, is that Citi is firing a bunch of people. The good news, supposedly, is that if you're looking for a gig, they'd love to take a meeting.

From the front lines:

"Re the cuts Citi is considering: in IB, they're going down the first week in December. Weird bit is that they are now interviewing to fill these positions with outsiders."