Citi is hiring! . . . or NOT

Citigroup announced today that they are revising their plans to downsize their workforce. The new plan is to lay off 53,000 employees, or 20% of their workforce. From the article…

Citigroup Inc. is shedding approximately 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt.

Driving home to Chapel Hill from Greensboro earlier this week, I noticed this sign on the Citi office building. I wish they would get their story straight.


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