The second largest bank by assets, Citigroup, has just announced they're spooling up the layoff machine. The layoffs are purported to come at least partially from their investment banking operation, so don't be too surprised if the next time you see an investment banker, he's asking you if you would like a large fries with your number three.
Citigroup has said they plan to cut 9,100 jobs by this time next year and has already cut 23,000 this year alone.
At least there's plenty of jobs available at the shopping mal... oh wait.
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