I was laid off at the end of March and still haven’t heard from HR. Anyone experiencing the same?

there are rumours circulating on potential layoffs in significant numbers again...... some of my colleagues have already started updating their resumes and preparing for the worst... while some others are in denial

When tech is laid off, operation laid off, front office laid off, back off / finance still same, revenue generator or planning the books? Which way is more valuable?

Layers - more cuts on level 7,8 where SME layer resides. Level 5,6 played musical chairs, cause someone knew someone. Heavy Governance, less Hands On - still too many teams playing coordinator roles and lack core tech competence. Management-... — read more 

There aren't greener pastures, sorry to burst your bubble. I felt so liberated and empowered when I left my last job until the reality of the new job kicked in. Just like they are price gouging, companies are acting like they don't have money to give... — read more 

Citigroup is making progress on culling its employee ranks as part of its reorganization... — read more 

Hopefully not too bad

Out of curiosity I logged in this morning and still was able to get in and have access to everything as before. I just want to see the new org. charts but they are not available yet. Who else still has access?

The rumor mill is a buzz with tech layoffs upcoming, been there, done that. So what will happen is this. Tech is already slim on headcount even before the layoff. By default, Citi staffing standard is hire exactly what you need minus 30%. Never... — read more 

I have been with Citi for less than 2 years. I came from a top bank. Have more than 10y experience across different banks and financial technologies companies. I have never came across such a sh-t show when it comes to hardware / software. It makes... — read more 

20,000 to be laid off. 7,000 were laid off this round. Leaves 13,000 to be laid off in the next two years. Says 5,000 will come off divesting businesses. That leaves 8,000 in the next two years. Roughly about 4,000 per year from technology and... — read more 

The fact that the acceptance rate at IIT is less than at Harvard does not mean IIT grads are better - because it only means that India has too few IITs per capita. But it does not tell anything regarding the difficulty of the entrance exam and/or the... — read more 

In burnout cultures, such as Citi, people are judged by the sacrifices they make. Hobbies, vacations and even family are viewed as distractions to penalize. I healthy cultures, people are judged by the commitments they keep. Interests outside of... — read more 

and left all these middle managers who have no clue what the employee duties actually entail. So while the idea of eliminating the layers of management wasn't really a bad one, the execution ended up leaving the clueless least innovative ones in... — read more 

Heard most of the US vendor contractors will be let go in few months. They will be replaced with Indian team members.

Recently reorged to a team with a strange dynamic. My superiors are all about hierarchy - recently been told to not directly engage with anyone from upper management without going through direct manager first. Yo Citi is weird. Been at a few banks... — read more 

Following their last day, did anyone get a talent redeployment email? Apparently it is a path to encourage us to reapply to open positions.

Do you know how senior is a senior vice president?

If you were told ur safe, go look in global directory to see if you have the letters “IUO” in your email domain. I am interested in hearing from people who were told that they were safe and yet now see these letters =|.

The entire org was run with 80% contractors from Indian It companies with a bad rep. Some were sitting on bench for an entire year but they weren’t let go. Instead hardworking FTEs were let go. Management is crazy and dragging the company to sh-t for... — read more 

Einstein: We can't solve today's problems with the mentality that created them. Bill Gates: “It's fine to celebrate success but it is more important to heed the lessons of failure." Steve Jobs: “Being the richest man in the cemetery doesn’t... — read more 

Its for this reason, under this current regime (Jane), Citi will fail. Its time to get rid of the antiquated thinking and political agendas. It’s time to level up on CEO quality and you’re not going to get that with the status quo. The talent... — read more 

Everyone in the team is looking for moving out. There are no clear directions and there are more expectations about upcoming budget cuts and job cuts. given such as instable environment. I would rather quit than struggling here. I’m just going to... — read more 

I spoke with friend of mine who got laid off, just asked if he is willing to come back or join another team. The answer is no he want to take this as best opportunity to move to another company. I think they are blessed. They are paid to search for... — read more 

I see lot of IC are leaving due to so called demotion and some of these people used to work as Product Owner. Sad reality of Citi now.

Citi retirement healthcare is way to expensive, government healthcare marketplace is the best deal that I can find. I have a 401k since I started Citi after pensions ended. I've read the Citi retirement guide completely and have one... — read more 

Something about this Org went wrong. Talkers got to the leader position but the new manager told me he does not care about I do but how he feels about me because shareholder never knew what is actually going on. What is going on in Citi?

Do citi care about the people who resolved problems? I see all talkers are promoted to managerial position in this reorg!

Has anyone heard any rumors about this? I’m wondering if Citi will do this or if they legally can. I just assume they’ll decrease the bonus instead of a pay decrease.

What were the signs you noticed that made you come to that conclusion and were you right?

Help, do they pay a reduced rate while on notice?

Someone on here several weeks ago claimed that if you went into Global Directory, you could tell that someone had been laid off if you looked at their email address and it said, "@iuo.citi.com" instead of just "@citi.com". Today, I noticed that... — read more 

and keeping them managing people and being in charge of the same function they used to manage. This is absurd. Then the managers that had less than 6 people are poaching people from wherever they can to keep their job even though the functions of... — read more 

My team dynamic has changed significantly. Everyone is quiet, there is no camaraderie, and a tangible feeling of people either not wanting to do or say the wrong thing, or if you do say or do the possibly wrong thing, everyone else is quiet to see... — read more 

Anybody else find this working (last date is April 12, 2024)/non-working period (last date with Citi is June 29, 2024) confusing? Severance won't be paid until June 29th? HR doesn't know if you can file for unemployment during your working and... — read more 

These big changes are supposedly effect 4/15. Aside from being told the name of my new manager and I that I am now an I.C. I have been told no specifics on what my new role and responsibilities will look like. Nobody knows anything when I ask... — read more