More realignment and layoffs by end of March.

Does anyone know if there is more layoff coming in risk department? 100 more people get laid off this March. Will it be the end?

Good. This company and JF deserve the 6% stock drop. I hope that it tanks further and that OCC and Feds see through the bull cr-p. Higher ups bosting about 2K job opening and asking for referrals is bad form. Why so many job openings if you could... — read more 

Keeping it short as there is no need to give a back story. A manager told a friend of mine “if anyone doesn’t like this, they can leave”. My friend started interviewing and in less than two weeks, found another job. Basically “challenge accepted”. ... — read more 

All this nitpicking just makes everything worse. Maybe the higher-ups need to feel like they matter. Maybe they just love having control. whatever it is, it sure is not making work better. People are on edge, always waiting for the next pointless... — read more 

Has anyone heard the level of impact for the next round of cuts?

Is there any portal to view the total headcount for permanent and contract staff as of present dated.

HR often gets a bad reputation — many employees believe HR just pushes paperwork, enforces policies, and organizes events. But the reality is far from it! 👥 Talent Acquisition & Retention – Finding and keeping the right people is no easy task! 💼... — read more 

Underpaying your employees doesn’t make you cost effective, it makes you short sighted. If you don’t pay your people what they are worth, someone else will. I think you’ll find when your best people leave, it’s not them. It’s you. — read more 

Is it standard practice at Citi for SVPs made as ICs to attempt to control all aspects of a project, requiring everything to go through them, and consequently delaying project delivery to retain control

What do we think

So is it a good idea to trim back in a geopolitical region that’s known for: a.) counterfeiting patents, trademarks, and intellectual property b.) hacking\back door\cyber exploits Is this a wise choice? If so, is it one we will make? Before... — read more 

Anyone been laid off this month? Someone said 3/3 but didn’t provide any other info.

So with the current tariffs in place and even more to come especially with finance, what do we do with China and some of the other regions. Do we close up shop or do we still expand in those regions.

https://www.advisorhub.com/citi-copy-paste-error-almost-sent-6-billion-to-wealth-account/ Make sure to develop mandatory training around this and make those who don’t have anything to do with money at Citi take the training. — read more 

https://www.advisorhub.com/citi-copy-paste-error-almost-sent-6-billion-to-wealth-account/

I’ve seen a few articles talking about dr-g testing going away for most banks. Are they dr-g testing new and current hires at Citi?

Anyone hear anything about layoffs in Wealth?

My coworker and I were informed we are being let go. We are trying to calculate how our package will look like after tax deductions also how many vacation days we will get pay. We have 15+ years of service each. We are in Florida so only federal... — read more 

There is a certain culture that duplicates work in order to fudge the numbers to look busier than they normally would. It has nothing to do with honesty or ethics. Ethics never comes into play. The way its looked at is that it must be allowed and... — read more 

I have just received remuneration only 1000 times higher than in the contract, can they take it back? Can I run away?

https://www.msn.com/en-ca/money/topstories/citigroup-mistakenly-credits-customer-account-with-81-trillion-in-near-miss-ft-reports/ar-AA1zY1Hu?ocid=BingNewsVerp The answer is easy. Do more with less. Have extremely aggressive deadlines but demand... — read more 

https://www.ft.com/content/9921925e-5a32-48cc-a3e3-3f77042477d2 You get what you pay for - risk is underpaid and the majority of people are mo--ns. My manager does not have a clue - I came from a proper shop and they still do not listen to my... — read more 

It’s fun to look at the other boards. Holy cow at JPM. Toxic as sh-t. Trolls running amock. Very entertaining in a train wreck type of manner. Makes me appreciate my sh---y bank even more.

Oh yippie! More Town Hall BS. How can these people even stand to do these meetings? I just let it play in the background. lol. Our AI is not as good as what they are making it out to be. It su-ks really compared to other companies. Additionally, when... — read more 

If you reach out to them for anything else at all, they act as if they’ve been so begrudgingly inconvenienced.Others have pretty much already echo’d the very strong across the board sentiment that HR at Citi is quite useless. HR at Citi does what we... — read more 

It months to say yes or no , even for candidates with in Citi , why system is too complex, this is one of the main reason Citi downfall. HR should act fast and push managers to give feedback and close.

Many consultant-hired employees lack proper education, and their work histories are often fabricated. Citi only reviews the past 5-6 years of experience, so a full employment history review is recommended. Additionally, please assess all DEI... — read more 

Did Citi just announce end of DEI?

Our CFO just sold Citi stocks, day after it was reported his compensation That means FED is going to cut rates Easy money over

I’ve read a few articles from different authors stating that AI can be and will be easily trainable to take over the lower positions. The example they used is, believe it or not, HR. The HR formulas of thought are easy. If this happens, then fill... — read more 

What's going on with risk and controls? Seems to be a lot of changes, reshuffling in Q1, and long periods of OOO? Probably due to data moving under Ash and his team. They are probably like WTF!

33% pay hike for recovering from the downfall lackluster performance that she caused at the expense of your jobs (for those let go) and your own raises.

It's the layoff season again at $#iti. My manager called me this morning to read out the standard script... We're sorry, it wasn't an easy decision and the same cr-p they keep saying about simplification. For anyone else who has been impacted, be... — read more 

JF gets a huge raise and others get barely cost of living. Managers/Directors/MDs are incompetent and say they want to hear what's going on and proposals for improvement then are non-responsive and nasty. People are just down right RUDE a$$holes... — read more 

When you see her on townhall meetings, or in the lobby or elevator, everyone is smiling and happy to be in her "glory presence ". Such phoniness!

By 2027 end, Citi planning to reduce no# of sites from 250 to 200 or lesser.

The playing field has always been slanted in favor of the upper echelon, this however is ridiculous.

It is super frustrating having to tell my team that compensation was flat this year but our CEO received a crazy big raise.