News You Can't Use: Citigroup lays off thousands, begins HR exec search

It won’t affect your day-to-day business, but it’s interesting nonetheless to note that despite layoffs numbering in the thousands, Citigroup plans to hire a new HR executive to focus on training for the company’s 38,000 workers in its North American consumer banking division. In an economy that clearly is struggling mightily, this investment not only in HR but in training has to make HR/benefit managers feel pretty good about the work they are doing, and that their skills are marketable and valued. In case you’re looking to apply, the company is seeking an executive-level practitioner with 20 years of experience.