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press release

EmploymentCrossing.com Valuable Resource to Soon-to-Be Laid Off Citigroup Workers

July 25, 2012   |  PDF version  PDF version

July 25, 2012 — Pasadena, CA — Citigroup Inc. is planning to cut several positions during the remainder of this year totaling about 350 jobs. All of these positions will be coming from the Securities division, which primarily covers the investment and banking sectors. This equals about two-percent of the staff from this area. However, this information comes from within the company and hasn't been officially made public yet.

There's been a significant drop in revenue from the investment banking area of Citigroup in the past years, making these cuts necessary. Regulations are also to blame, according to the company.

Putting all of this aside, the reality is a lot of people will soon be out of a job. These jobs were all presumably rather well-paying, making it even more difficult for these people to find a suitable replacement gig. They need to have every possible resource on their side to find new employment quickly. The best way to accomplish this is to visit EmploymentCrossing.com right away.

This site currently lists over 110,000 jobs in the financial and investment sector so out of work securities employees are certain to find something that suits them perfectly. Just narrow your search by your area and apply to everything that fulfills your criteria. If you're willing to move, you have even more options.

People are being laid off all over the country in a variety of areas of expertise, but the financial sector has been hit especially hard because of the bank crisis from a few years ago. EmploymentCrossing.com gives people that extra advantage they need to get a good job quickly.

CONTACT:
Andrew Ostler
EmploymentCrossing
202 S Lake Ave.,
Pasadena, CA 91101
626-243-1801
aostler@er.org
https://www.employmentcrossing.com

About EmploymentCrossing.com

Founded by Harrison Barnes in 2008, EmploymentCrossing.com is a site that lists open job positions in every industry all across the country. The company is based in Pasadena, CA.

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