has anyone seen any info on whether our company will support pre-tax contributions to the new Trump Account, like up to $2,500 pre-tax, similar to a 401k? I haven’t seen any official communication from HR yet, so just wondering if anyone’s heard... — read more
Its coming. Another round the last week of July and first week of August.
Shortly to be followed with a meeting from higher ups or JF of “well we had some tough decisions to make but we are on track.” It’ll happen cross regions, cross groups. Good luck.
How soon do you receive the shipping box to return the device?
My last working day with Citi was 06/30, non-working notice period is 7/1-8/29. So far still haven't received the shipping box to return the company property. Can anyone share how soon do people who get laid off receiving the shipping box after the... — read more
Two or three words
If you had to describe Citi in just a couple of words, what would they be? I've got a feeling I know what the majority will be.
It should be about performance
I'd be fine with layoffs if they actually targeted the right people. But it's never been about performance. The best workers keep getting let go.
Only H1Bs get promoted
In Citi Tampa only h1bs get promoted to SVPs or Directors. Even HR doesn’t care…
Update Tuesday was good color, Cuts
Citi logged about $800 million in severance expenses in the first half of the year and may set aside more for the second half, executives said Tuesday. The New York-based lender had about 219,000 employees as of the second quarter, down about 5%... — read more
How many jobs applied to for internal?
For those who moved up internally, how many jobs did you apply to, to get a new role internally? In the US.
Unemployment after termination
I was terminated after failing PIP on July 1. Getting paid for another 30 days. When do I file for unemployment? After paycheck stops or immediately?
Why are people not striking?
Being constantly told to teach and utilise AI and clearly being told it soon will replace employees, why are employees not striking?
This strategy isn't working
I'm wondering when we'll shift back to growing the business instead of just cutting people. I know the answer is probably "never," but a guy can hope.
Laid off and role is reposted 6 months later
I had target on my back since I went on parental leave. They laid me off stating AI restructuring. I see that they posted th1e same role including title 6 months later within same state another site. I do not have documentation on anything other... — read more
Poland Layoffs Coming?
Any information?
Tampa AML CRIU
Do you think we will see layoffs this year? Or is the only way out to quit? With all the work there is I can’t imagine there will be any layoffs. They’re even taking work from other locations and need to hire. Even AI is causing more work.
September Layoffs
Any confirmed layoffs coming in September or sooner. Spill the beans.
Severance Timeline
For those who have received their payment, what was your timeline like to receive your compensation based on your last day of employment?
H-1b issues of Citi - Cash rewards for reporting invalid hiring, layoff, hikes & promotions
Recently there are lots of news floating around H-1b being mis-used for promotion, hiring, layoff,vendor consultant hiring, politics inside Citigroup. Here is the press release for reporting these issues and you will get... — read more
Quiet quitting tips
What are some unhinged things you get away with when working remote? Something on the keypad to keep you active on teams? Never opening teams/ email all day? Taking a maternity leave every year? For those who have quiet quitted drop your tips below
Cut down Useless Directors
Just advice to decision makers lurking, cut directors that are useless instead of cutting low paid employees getting the job done…. There you go saved you some consultant fees.
Tampa Data Science
Tampa data science team is the worst team to work for. Modus operandi is to promote h1b friends and treat citizens and residents as sh-t. If you want to get into a sh-t hole get in here.
Its time for promotions and not layoffs
Citi is doing good financially. It might cull the contractors and some extra fats acquired during the consent order program. Hardly 500-1000 employees will be max affected. On the other hand its time for promotions for lots of VP to SVP and SVP's to... — read more
Consulting companies - Wipro, TCS, LTIMindtree...
Is more caste coming? More OPT EAD, H1B, L1, H4 EAD hiring and less American jobs. Enjoy!
Any meetings today?
Trying to figure out which Wednesday of the month will be the day. I know my time is coming close. We had our warn meeting in March and were told close to 6-8 months but that was followed by “the c in citi…” India is already doing our job, we... — read more
VOE
I’ve probably done at least 10 VOE’s and they always said it was anonymous and I truly believe it is because the last five I have absolutely trashed management with the lowest possible score 🤣🤣🤣. And I’ve asked to be laid off for the last three years... — read more
Just sitting here answering questions
We’ve officially trained our replacements. Now we are sitting here with no work just answering questions they have, if any. It’s getting harder each day to wait this out.
Half my team thinks I'm being dramatic about all the layoff talk
I can't understand how some people can keep so calm and almost ignore everything that's been happening. I guess it's a case of "if it didn't happen to me, it's not an issue." Until it does happen to them. But I guess I'm the id--t for trying to warn... — read more
High cost location layoffs
Really wondering how these high cost locations are going to exist if we can’t hire and keep letting people go?? Like what is going to be the point of the Tampa, NJ, or NYC locations if we can’t use them??
SVP + Individual Contributors in High Cost Locations
What is the point of keeping SVP+ ICs in high cost locations while full teams are being laid off ? What is their exact contribution?
Whole team is gone!
We have been informed today that OB team located in Abu Dhabi is being moved to another hub so we all are let go :(
Layoffs incoming
Had a “business update” meeting. Gave essentially no information, saying layoff coming but not saying who or when. Just to expect trainings with offshore. This was weird as it involved a few different teams and they suggested that some teams will... — read more
Quitting week 1
Can I quit in 1 week? Do I need to give a notice? It is really horrible here. My manager might make me do 2 weeks. Really crazy person
Trade Preclearance once you're let go
Typical Citi, their FAQ to fired employees says you still have to receive trade preclearance while on Garden leave. But when you call compliance they have no idea how to preclear you because you're no longer in the system and HR just sends an auto... — read more
Everything wrong with Citi leadership summed up
Recent LinkedIn slop post by Mike Whitaker that perfectly explains why the Citi MDs that have no clue get the seats that they have: “Nobody is going to manage your career for you. I wish someone had told me that in 1980 when I walked into NatWest... — read more
Citi bought canada office
They're spending money on real estate
All KYC and Central Banker account opening being offshores
We were unexpectedly pulled into a team meeting by our C13 yesterday, which was unusual. After the 50% layoff on June 10, we were informed that the layoffs are not finished. The remaining members of our team are expected to be let go sometime within... — read more
Sc--w this place
That’s all. That’s the post.
100-year presence in Germany
CITI just celebrated its 100-year presence in Germany! How does your country handle these kinds of major corporate centennials?
Employment lawyer?
Can someone recommend an employment lawyer to help with severance issue? Preferably from past experience.
Promote better
Too many managers got promoted for being good workers, not for knowing how to lead. At least teach them some people skills before putting them in charge of actual people.