Given his status within the investment world and technology, I am sure he will be fine. (Its really Citi's loss.)
The article also highlights obvious interactions between bankers and journalists. (The interactions should not be a shock to anyone.) One of the journalists mentioned was Josh Constine from TechCrunch. I found that interesting because over the past two quarters, he produced some really interesting articles and information specific to Facebook. So much so, I felt he was Facebook's 'leak' guy. Just like Steve Jobs used Walt Mossberg, I got the impression someone at Facebook (who knows, maybe Zuckerberg himself) was using Josh.
Firing key people like this keeps making Citi look stupid.