Unfortunately Negative value middle management survived reorg although some of them became unofficial. They are more aggressive with their territorial. So please layoff all knowledgeable IC or useless middle managers or unofficial managers to make... — read more 

I got consistent threat from middle management/ ex SVP that I should not answer any questions but give answers to them to answer although all was perfected alighted. Why Citi want these layers to block the efficiency!

https://www.reuters.com/business/finance/citi-lay-off-363-workers-new-york-2024-04-01/

What is phase 5? Reassess and target for more layoffs?

https://www.instagram.com/reel/C3nMjyEgBNa/?igsh=OHFmb3kzMmo2N3h4

Did anyone just stop respecting home/office rules? While at the beginning I tried to respect rule. Now i just cannot seem to care… if they want us cut, we’ll be cut anyway, why waste free time on commute just to show up and do remote job on zoom... — read more 

Anybody have any intel on this dept. based out of Miami?

To January goers, did anyone received your Severance agreement Severance payment ? Seems Citi is forfeiting on Severance.

Does anyone know if Citi is adapting an approach used by some companies of firing employees with the lowest ratings in the annual review process?

Converting managers to IC, their whole change on year end reviews and grading scale and giving mostly everyone a 3 and how they're making it more difficult to get a 1 or 2. Low or no bonuses. Everything seems to be geared towards making some... — read more 

Message was completely lost on me because all I heard was her sniffing and swallowing. Also, not a great public speaker...

This is going to read rather lame but I truly can’t think of a way to be specific without jeopardizing the “who”. I read a post that claimed that HR was pressuring managers to place bogus or exaggerated infractions or perceived infractions in... — read more 

We know Citi is promoting project movement to India. We have expert MD and D to manage large portfolio. Why we need H1b developers and leads sitting idle in USA ?move them completely to India. You can make good productivity with less cost. Instead of... — read more 

Some people don’t do any work just passing orders and they want their team to do work, so that they can showcase. Now most of these leads became IC , now it’s their time to work on ground and show their skills. But still there are some leads they... — read more 

I was talking to few friends from JPM, BNY in a weekend party. Everyone was aware of what’s happening in Citi. No one even wants to apply for a position for near future. The only people Citi can hire is laidoff Tesla guys

Companies are now veering away from the preferred hiring of ivy league college graduates mainly due to the risk that if hired, they’d protest at the drop of a hat over any perceived injustice. For the past 4 years its become en vogue to spin up a... — read more 

Hearing that people were rated against jobs they didn’t do, performance criteria they knew nothing about, different grades rated against same performance criteria (e.g AVP v VP) for same job,, rated negatively for something when rated positively for... — read more 

What’s this meeting about? 😳🤔

Can anyone share their experience to get redeployed?

Disorganized, poorly ran, made light of a bad situation, lots of “we think” ,”we hope”,”we believe”, stammering, vague and uncertain. There’s no one I know who watched it who walked away feeling good about it much less motivated. The statement of... — read more 

Does anyone know if they direct deposit the severance or mail a check?

No Layoff for next 6-8 months. Citi needs stabilization and need to accumulate money for next Severance pay. What I heard is more work pressure and micro-management to happen for deliverables. They will pressure you so much that you leave on your... — read more 

The constant message of “times are tough, just continue to put in extra extra long hours everyday with no compensation of a large bonus or raise” is not working. No one feels this blind cult following loyalty of put in way more than 8 hours per day... — read more 

6 years ago I left my previous job to join Citi thinking Citi was a top company who valued its employees. I now find myself unemployed in the worst job market. Ive contacted my previous employer and they are not hiring but my co-workers who I left... — read more 

I firmly feel that Citi's culture has worsened due to vendor's and vendor consultant's. Recruiting vendor consultants increases the level of vendor politics within the organization. We perceive prejudice in how work is assigned, acknowledged, and... — read more 

Four hundred thirty across NY and NJ.

So the leadership got us into a downward spiral and had no idea how to get out of it. They hired outside consultants to tell them what to do as they didn’t have a clue. The situation was so lost that the figured the only answer is to lay people off. ... — read more 

Did Citi ever have worse leadership than we have now? I can't remember that we did, and I've been here a while.

We lost most of the best people on our team and that's become more than obvious in the past weeks. It makes me wonder, why in the world should I try hard and do most of the work myself now that all that's left of our team are people who either can’t... — read more 

Any news for next round of Layoff?

This was a heavily used tool to keep people from aggressively searching elsewhere as their options were limited. https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes “Under the FTC’s new rule, existing... — read more 

Maybe this will happen. If approved, 120 days after approval it obliterates most non-compete agreements.

Business Analyst, QA, DevOps to move complete Offshore. If Your offshore counterpart is involved more than you beware you are on spot.

When will nervous management may look confident ? Forget leadership , basic project management skill is not evident by the management , they are only looking for some cool flashy ppt and no idea what value outcome they need.

Curious is the ship still sinking or are investors pumping in money to keep it afloat? Thought the smarties said the firm was no longer profitable, yet it is.. so confused.

I love how HR is allowing jobs to get posted even though the hiring manager has already identified a candidate. A great way to waste everyone’s time!

Hi, Anyone from Canada received the separation package document from Citi during their non working period? Its been a week of non working notice period but I haven't received any communication from Citi.

Only reason i work at citi is because quality of people here is low and that opens door to faster promotion to people like me who graduated from ivy schools. i am in technology and recently graduated. i have no doubt i become a MD in five years.

I am a MD. Why can’t some SVPs give up their employees gracefully for Ds and MDs to manage? SVPs are not that senior to manage people and should focus on being a hardworking individual contributor. They will have their chance when they become Ds and... — read more