Citi Looks to Add 2,500 Programmers to Investment Bank This Year

The video discusses the hiring trends in the tech and finance sectors, focusing on Citigroup's programmer count and the impact of electronification on trading desks. It highlights the opportunities for programmers, especially those from prestigious institutions like MIT, and the global competition for tech talent in cities like New York, London, and Shanghai. The discussion also touches on the cost implications of hiring highly paid programmers and the potential for cost savings in the long run.

What factors might influence the salary of programmers hired by Citigroup compared to other firms?

In what ways could the investment in programmers lead to lower costs for Citigroup in the long run?