Layoffs Watch '13: Citi


Cuts are said to have gone down at the House of Corbat.

From the front lines:

"Citi layoffs, in investment banking, the industrials group cut a bunch of people yesterday. Terrible timing as bonus season is just around the corner."


Layoffs Watch '13: Barclays

Earlier this week Barlcays promised not to dawdle when it comes to canning the 2,000 employees slated to be cut. Today employees in Asia got to experience that follow-through in action!