I have a question over the benefits that Citigroup offers staff being laid off due to a Reduction In Force (RIF). I have heard that everyone keeps two weeks pay for each year that worked at Citigroup, but are there any other benefits offered as part... — read more
$25 million bonus excessive top analyst says
https://www.barrons.com/articles/citi-ceo-fraser-bonus-called-excessive-560ac41b Greed has no limits. Get rid of hardworking workers and make it hard for them to get roof over their head and food on the table while greedy executives splurge on... — read more
Citi Benefits- Medical plan
Noticed that Citi’s medical plan costs are rising significantly compared to other firms like Wells. For next year, the increase is around $380 per paycheck, which is substantial — even annual salary or bonus adjustments don’t seem to offset that jump — read more
Citi has its best quarter, Jane becomes Chairwoman, gets $25 million more, the staff get something too...
Layoffs in Q3, forced 4-ratings in Q4, more layoffs in Q1. I suppose they need to find that $25 million from somewhere. I can't wait to read Tim's next tone-deaf family saga. Maybe it will go like this. I was eating caviar in my mansion when my... — read more
CEO Becomes Chairman of Board
The last semblance of segregation of duties and independent oversight is gone. Not that Citi is the only one to do this. But well....
Another round before the end of the year
Any truth to these rumors? If the answer is yes, fu-k Citi. That's all.
Year End reviews/ Backfill freeze/ q1headcount ask
6% headcount reduction ask by end of q1 2026 acrossthe board. YE process used to identify along with freeze on any new backfill requests from November 1st and retirements.. Usual stuff combination of all
Administration Cancels C!t!bank Settlement for Discrimination Against Armenians
I'm going to post this for a 2nd time and see if it get's removed again. LMAO. I think I said the naughty words "Consent Order canceled" last time... — read more
Why aren't they backfilling roles?
Someone quits and months go by before they backfill the role, leaving the rest of us to drown in extra work. Do they think people can just do two jobs forever?
https://www.efinancialcareers.com/news/citi-s-severance-spending-suggests-it-won-t-be-cutting-jobs-in-q4
Just came across this article saying severance spending hints there won’t be job cuts in Q4. Curious if that’s really the case.
No net Citi Layoffs
HC is flat to Q2 at 229K . Excluding Banamex still have 9K to hit Bora Bora targets.
VOE 2025
Is anyone seen the results yet ?
$250 Billion Wired to Hedge Fund
Did Citi mistakenly wire $250 Billion to hedge fund last week?
Does code of conduct apply to senior management? Asking for a friend
I got a notification to do the code of conduct training. From memory one of the things included in this training is about treating people with respect. Am wondering if Jane directs and MDs have to take this training.
Not many promotions coming
The numbers don’t lie. Promos used to be held at no more than 2.5% of staff. This year it’s less than 0.9% for all of foundational services. CTS has 3800+ employees and are getting 34 promos. Assume it won’t be layoffs next, it will be people... — read more
Moving internally
What is the waiting period before one can move?
Self evaluation
When do self evaluation need to be completed? Are they worth spending time on?
Citi Wealth managing President Trump money
https://www.bloomberg.com/news/articles/2025-10-02/trump-wealth-once-spurned-by-banks-finds-new-home-at-citigroup?embedded-checkout=true
Last quarter RIF
Hope all ready for the upcoming October-December RIF.
China work visa
https://www.cnn.com/2025/10/01/china/china-k-visa-backlash-intl-hnk
New Hire Starting Date In Jan 2026
I got an offer letter yesterday and they just pushed the start date of all external hires to Jan 2026. WTF? Looks like a way to fudge their headcount numbers
Upcoming layoffs
Probably multiple locations and sectors including technology may be impacted not just HCOL
Fighting Back Against Citi Corrupt Practices
I've been following the discussions here closely and noticed some concerning comments about moderators, allegedly connected to Citi removing truthful posts from this site. If these claims are true, it's a serious attempt to suppress the truth. My... — read more
My Two Cents on Citi Layoffs
The way Citi is handling layoffs is beyond disrespectful. Getting a random unexpected call saying your position is eliminated, with no clarity on severance, is barbaric. The uncertainty is hanging over those still working, waiting for their turn... — read more
Next 2 weeks
Coming soon…….
Just in
Mega layoffs before Dec.
Data Town Hall
Anyone here attended it? Was it any good? Anything important discussed?
Citi giving $80BN assets to Blackrock for management
So earlier this month, it was announced that Citi is giving BlackRock $80BN assets for them to manage, and in the process, will be taking some CIM portfolio managers with them as BlackRock employees. I guess Citi is ultimately trying to get rid of... — read more
Timelines for hiring
Fellow Citi bankers, I completed two round of interviews for a C13 role at Citi. I got a request to upload my photo onto workday. I did that about 4 days ago. How long does it usually take to HR to come back to me with the offer after the photo... — read more
Citigroup Expands India Tech Workforce After China Job Cuts
Citigroup has relocated nearly 1,000 tech jobs to India following 3,500 layoffs in China. With AI adoption and skilled Indian teams, the bank strengthens its GCCs, creating new opportunities and making India a key hub for global banking... — read more
What is the notice requirement for internal transfer?
Code of Conduct does not mention it.
C14,C15,C16 who do not contribute more than C13 in Finance back office are still kept for a reason?
Can Senior management tell us why you keep individual contributors C15 who are newly transferred to new assignment who ha no background? They are newly transferred starters and less value than C13 but paid too high
Recent layoff in Risk, Irving site
Does anyone have any update? I haven't received any message so far. Finger crossed.
Finance NAM being hit hard
It’s going down now mainly c13 and c14. As I posted earlier this month.
When will it be TTS turn for layoffs?
Ive read 9/24 is a round of layoffs but I have also heard February Q1 after makor restructuring is done from Fishbowl. When will it be TTS turn?
H1B post keep disappearing, why?
It seems like H1B visa posts keep getting purged from this site. What is it that makes the moderator nervous about it?