Are there anyone in staffing companies who haven't yet been reassigned to a new team after recent organizational changes, like team merging or splitting. How long have you been waiting to be allocated to a new team? It seems many have found their... — read more
Bonuses
When are our Jelly of the Month Club certificates released?
Jane is suffering like the rest of us.
We are all in this together.
Grass is always greener
Cheer up, people. I know it is a difficult period, but remember that restructurings are happening all over the place. I have friends and family who were paid off in 2023 across all kinds of industries - finance, tech, pharma. It is not the end of the... — read more
For now
Everyone will decompress and calm down now……until…..Feb and March when C14 and lower in addition to contractors will be affected. Then the panic will start all over again.
Hoy much hike did you get ?
VP tech , got around 1. 75 % (3/3) Our bonus is negligible every year, it is $1000 to $1500.
Any news on Compliance's new org structure?
I was told it was not released by EOD on Monday.
Services ORG charts are out
Don't think anything changed other than people moved here and there.. My director is safe but not sure of there will more reorgs/layoffs
Why is Global Directory not being updated as per new announcements about organization structure ?
Any idea ?
Is it true?
Is it true that Citi will be laying people off?
W2
If they're going to layoff people, it would of been nice to have 1 year where the W2 doesn't roll in on Jan 29th-31st... Seems to be a trend... keeping people on the edge of a cliff.
No surprises here
One fixed income headhunter summarizes the recent round as follows: "People at JPMorgan are happy; people at Goldman Sachs are feeling like it's been a hard year and they're lucky to have their jobs; people at Morgan Stanley are moody; people at... — read more
Going forward, every month someone will make a post of “this month the big layoff starts”
No need to comment. I’m not looking for any reactions. Just asking that we should all assume that ‘yes, we can assume that layoffs can happen at any month going forward until 2026’. Feb its happening…..March is the month….April its on……etc….All... — read more
Does company provides any Reskill opportunities
Does Citi provides any reskill opportunities for the letgo persons. For example does access to Udemy stays or goes ? I believe Udemy requires SSO access.
Tuesday 8am. Email from Jane. Each business will announce thereafter.
And so it begins….
Director laid off - what will happen to the team?
Any VPs and SVPs whose director is no longer there? What’s next?
Anyones virgin pulse got cancelled?
I received an email this morning about my virgin pulse account being cancelled. Did anyone else get that? I thought layoffs have been communicated last week to those impacted...
So am I reading this right from the media, about the numbers?
that this Q1 is basically the managers (5,000), the other (5,000 out of exiting businesses which I guess should be pretty straightforward and kind of known to whoever works in those... and the actual bulk of the layoffs - 10,000 won't occurr now but... — read more
Risk org charts coming out . . . slowly . . .
They are really dragging this sh!t out. In total, not that many people have been let go, but there is a lot of uncertainty about who is going to report into whom, and that won't be disclosed until Wednesday, it seems, when each group has a town... — read more
How to apply unemployment and Medicare
This is my first layoff. I would like to learn how to apply unemployment and medical benefits. Is it wise to use corba or any alternative Any one experienced earlier please comment.
Is the severance per year a ceiling or floor?
Say I worked exactly 5.5 years at citi. Does that count for 5 years severance or 6?
Layoffs.. tenure
The comment about keeping long term employees is so wrong!! I was laid off last year, had over 30 years experience and had received a good review, bonus and salary increase two months earlier… and they kept multiple employees with less than 5 years... — read more
Parlour Trick
Too Much Noise until Share Prices Up ! Don’t see any major changes under Operations and Technology, seems no level removed, may be added more.
Is anyone hearing layoff are postponed?
No communication what so ever. May be reassessing.
Severance
Has anyone who’s been laid off in 2023 received their severance package?
Anyone who unfortunately got laid off, could you please share your experience?
Could you please kindly shared what’s the process? Did you get a meeting invitation at the morning and did you just get called randomly during the day? Sorry if this question seemed rude or inappropriate, just want to prepare mentally ahead…
Are the communication team sleeping?
Zero information or announcements of the new org charts so far, looks unlikely it will be released today?
What time is kick-off?
Most curious about Risk/ERM.
What will Citi disclose re: employment verification and termination reason for people laid off?
If I get laid off this week, and say accept and offer at another bank in 3 months, what will Citi disclose when the new bank is doing background check? Will Citi say I was laid off / fired / rif, or just verify dates of employment?
New comp on Workday yet?
Should Workday show our comp info today? Don’t see any restructuring/layoff announcements yet that everyone was expecting would happen today.