Why not dedicate a focused one-month offsite for the EMT, MDs, Ds, engineering teams, and fellowship awardees to collaboratively rewrite the consent order and address regulatory challenges, rather than spreading efforts across smaller... — read more 

Allocating funds to manage the departure of 3500 China employees, adding 10-30 contracts per team compared to 2022 numbers, on top of it purchasing AI agent licenses, and renewing unsuccessful products , allowing travel for EMT: will there be... — read more 

https://www.thelayoff.com/wells-fargo-and

Oh my goodness! That reference to TR's teenage who told him to make sure tech works is 😳 embarrassing. Global Tech Town Hall = dog and pony show. Tbh. I don't tell people where I work anymore. I just say I work at a large global finance company. I... — read more 

Anyone see the London consultation forum email to represent an LCF? "Citi will engage with the LCF representatives when redundancies or transfers under TUPE are proposed..."

A few months ago, my son Luke's youth hockey team hit a rough patch. We were losing more than half our games. Morale was low. So I did what any forward-thinking leader would do: I brought in consultants from PwC. None of them had played hockey or... — read more 

Increase amount of higher titles, even other teams claim my accomplishment as theirs without mentioning my name! I m a team player to help them and this is what I got! No promotion! Lost my projects whenever it is 80% done. Never seen my name or... — read more 

where are your pearls of wisdom? Waiting for them!!

I recently heard some rumors from my colleague that risk department is going to have a big layoff? Can someone verify it? I am so nervous now.

Leadership keeps claiming that people are our greatest asset, but they constantly treat us like replaceable cogs. The dissonance would be funny if it didn’t hurt so much.

How long do offers take? Interviewed months ago and still in business review and can hit the withdrawal button still( thought that means still in consideration)? Recruiter said they should have updates soon and nothing yet

So, new to this but...kind of incompetent no?

Keep bringing in generalists from Risk instead of data SME's ...and I'm sure Citi will be able to solve all data problems this way

Dear Team, Two months ago, I submitted a request to my neighborhood HOA to build a small fence. Just a simple 4-foot cedar privacy structure to keep the dog in and the raccoons out. I drew up the plans, annotated everything in blue ink (as... — read more 

is there any AI to complete simplification faster

Oh my..

My job description fits on one page but my actual responsibilities could fill a novel. They keep adding "stretch assignments" that become permanent duties without compensation. I'm at this point considering just doing what I was hired to do and if... — read more 

https://finance.yahoo.com/news/citigroups-prudent-expense-management-support-160100466.html

We all look forward to your take here after the 11 AM Technology townhall 😉 Can't wait to hear the consulting jargon, hyperbole and fluff

simply a rumor I heard from an ex citi who still has friends in high positions. was told today they are planning to give people option to locate to specific places i.e. Deleware, Florida or you can leave the company. has any one also heard these... — read more 

More hogwash. More BS. Sh1tty will be doing a skills assessment ...based on what? Another gigantic waste of time . There are a bunch of C15's and 16's that are absolutely clueless either about their business or what their domain entails or both. If... — read more 

The internal site is lacking in details. When you leave Citi, does the plan allow for a direct rollover to another institution for a combination of the following: Pre-tax 401K, after tax Roth and company (C) stock? Or is there like a restriction of... — read more 

I have been in other GSIB banks like BAC etc. Literally, I am yet to see a big bank where risks are not directly identified on the process flow (any risk stripe) at the process step where the risk manifests, accompanied by a risk and control... — read more 

Dear Team, Since tomorrow is Juneteenth, we’re dropping our Thursday note early, celebrating freedom and the courage to face the unknown. That includes the 2,000 contractors who are about to explore new horizons. I was rebooting the lake house... — read more 

sent out today. Could do with a few laughs from your prose

Applied for several roles, often with duties exactly simnilar to my updated resume with my current role. Just a different domain. Radio silence. Roles at the same level as mine or a role at one level abovge mine. Nothing. Nada. Zilch. Other than... — read more 

Leaders have absolutely no idea how to stem the tide. Reports are a mess because upstream data providers are not yet fully identified. Too many systems, too many manual processes and someone sitting somewhere doing pivot tables in Excel and sending... — read more 

what is the point of these "manifesto" documents full of generic garbage written by people in london who have no idea how the technology works how did they skip the layoffs?

While other firms are forcing 4-5 times in the office per week later this year, Citi is holding steady on the current hybrid approach plus extra flexibility in August and hopefully December. Since cutting back on work from home is a powerful lever to... — read more 

Bank has almost 80 open positions that were just posted at the end of last month. I guess it's promising that despite laying off tens of thousands of people, Citi is still hiring bunches at the same time.

Is it true? Hearing that MD's and C16 D's are most at risk right now? If so, when will this audit be completed and outcomes socialized?

The toxicity has reached new levels recently. Is anybody else wondering if Citi is doing this on purpose to force us to quit? I know I sound paranoid, but the whole culture doesn’t just deteriorate at this speed without some major help and direction... — read more 

Dear Team, Over the weekend I helped my son Luke assemble a bookshelf for his dorm. It looked simple. Six planks, a sack of bolts, and the classic IKEA Allen wrench. I figured we’d knock it out in under an hour and still leave me time to prep for... — read more 

To me management has dinosaur thinking. They wish for each and every employee to give their all and 100% company loyalty. ppphhffttt….whatever. Employees are as loyal to the company as the company is to them. In other words….nada…nil…none. ... — read more 

Please hire College Grads and stop hiring contractors in H1/H4s . They are taking jobs out from us.

Is any layoffs coming at Tech specifically under A I group ? Too quite and no more hiring.

If this one lands, it’s over. Oceanografia. Banamex IPO is stalled. No one will buy it at the moment and Banamex’s value will be nil if they lose. The question REALLY is…what does this mean for the Belfast... — read more 

Several managers at Citi are engaging in political maneuvering and manipulative tactics that undermine trust and transparency within the team. They frequently employ a "good cop, bad cop" approach to control situations and influence outcomes... — read more 

Tim’s weekly essays are starting to feel like a writing residency at the Do Nothing Academy. They are long, polished, and utterly detached from the five-alarm dumpster fire smoldering below. Morale is circling the drain, bureaucracy is metastasizing... — read more