Finance Layoffs: Citigroup, Wells Fargo and more

Bad news for those in the finance industry. The latest reports and rumors of layoffs are at Citigroup Inc. (NYSE:C), Wells Fargo & Co. (NYSE:WFC) and Anglo Irish Bank.

• Layoffs could soon go down at Citigroup. The bank is going to reduce its branches and is planning on selling 120 of them in Texas. It may cut down branches in Boston and Philadelphia, according to The Wall Street Journal.

• Wells Fargo is cutting 70 positions in its operations center in Wilkesboro, N.C., according to the Wilkes Journal Patriot.

• Anglo Irish Bank will cut hundreds of jobs in the next month as part of a cost-cutting plan, according to the Belfast Telegraph.

Even though several companies are laying off employees, several are also hiring. Check our job opening pick of the day from The Deal's Career Channel:

Macquarie Capital Group - Restructuring VP & SVP Opportunities in New York

For a roundup of all the announced layoffs to date, check out The Deal's Pink slips on Wall Street Dealwatch. Also, feel free to leave us any layoff or hiring rumors you are hearing. - Maria Woehr

Follow me on Twitter @newsgirlmw or join our Facebook Group.

Also see:

Finance Layoffs: AIG laid off 10,000 this year

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