Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

There'll be nobody left soon enough

In my department, it feels like a split between job hunters and those not-so-secretly wishing for a layoff. Trust in management was shaky before, but now it's completely shot. The vibe is a blend of uncertainty and discontent. It's never been this... — read more 

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| 770 views | | 1 reply (February 14, 2024)
Post ID: @OP+1r4mjMTG

Does cracking whip really work? Lessons not learned.

Sure it works for a bit but in the end the do more with less. Have more aggressive deadlines and complicate processes does not provide the long term results you may want. Result is, you have employees doing the work of 2-3 people, finding ways to... — read more 

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| 920 views | | 9 replies (last February 22, 2024)
Post ID: @OP+1r4EQ5D6

The new scrum masters

Did you noticed in recent days in all Organization the old junks and favorites are tagged as "Scrum masters"

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| 1170 views | | 8 replies (last February 27, 2024)
Post ID: @OP+1r38LeNN

Citi counterparty risk

https://seekingalpha.com/news/4065450-citigroup-gets-new-notices-from-federal-regulators-on-counterparty-risk-report

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| 730 views | | 2 replies (last February 14, 2024)
Post ID: @OP+1r3nn1Qg

Next layoff date?

Does anyone know if layoffs are officially scheduled for March 20th or is it just a rumor? Also, was there any announcement regarding layoffs on Feb 20th? How can we verify this information and prepare? Any insights on where to find reliable updates... — read more 

New Payroll "ASR" Information

Hi, all. The pay bands got posted today. Does anyone know how to interpret the max. "ASR" number? I am hearing all sorts of stories. Some say it's the maximum salary currently being paid for that C-level for your department (or division) for your... — read more 

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| 1650 views | | 7 replies (last February 16, 2024)
Post ID: @OP+1r2UuOdA

New Fed Rebukes

https://www.reuters.com/business/finance/citi-hit-by-new-fed-rebuke-setbacks-consent-orders-2024-02-12/

Why do my posts keep getting deleted?

I am in HR and have given direct, factual, objective answers to some questions being posed here, and the mods keep deleting my posts?

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| 1130 views | | 7 replies (last February 17, 2024)
Post ID: @OP+1r2te2Ds

Global Updated

Have you guys seen that global has been updated. Past communicated moves are now in global directory with more changes to come.

by
| 972 views | | 1 reply (February 12, 2024)
Post ID: @OP+1r221E1d

Next Layoff News

When and How to know which Services impact most and region wise ?

by
| 1060 views | | 2 replies (last February 11, 2024)
Post ID: @OP+1r1kw0If

Feel bad for the people joining

Most of them are lured into Citi with big $$ and then find out they landed in a wasteland and bonuses are the worst. Then it’s all about survival and Lord of the Flies. You may as well forget about banking and winning deals in the marketplace, as... — read more 

My job is kind of a joke

I work in somewhat of an operations role but more of a control in the process, but still a cog in the machine that inputs stuff. It's both analytical and mechanical, but it honestly seems kind of pointless. some days of the week, I have almost no... — read more 

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| 1430 views | | 7 replies (last February 12, 2024)
Post ID: @OP+1qZeoWR0

Managed Projects consultant jobs

Wanted to find if consultant/contractor jobs in 3rd party managed projects (from companies like Wipro/Infosys L&T,TCS, Cognizant etc.) safe? Have a offer via one of these for technology managed project and evaluating if safe to join

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| 690 views | | 5 replies (last February 10, 2024)
Post ID: @OP+1qZiJe9c

worker bees

What do you do when you're silenced and have no opinion or voice? You become a worker bee. your creativity isn't welcomed. you can't leave yet because you have family. you try to find a job, but its hard. what do you do? 0m ago by Anonymous

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| 760 views | | 4 replies (last February 11, 2024)
Post ID: @OP+1qZT03fs

How do you get notified?

For those that where laid off did you receive an email or letter confirming you last day?

by
| 1360 views | | 5 replies (last February 14, 2024)
Post ID: @OP+1qY4uyRR

Internal openings

As someone needing to find a new position (internally hopefully) I've noticed that there are very little job postings going up. From what I've heard and experienced it's very hard to get a call let alone an interview. Any insight on this is much... — read more 

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| 1220 views | | 7 replies (last February 11, 2024)
Post ID: @OP+1qXMaPgr

I have a feeling I'm being driven to quit

I'm not the only one who feels this way in my group. In the past several months, micromanaging and negative comments have both increased drastically. My boss never used to behave this way, which makes it even stranger. It's like he received a... — read more 

6-12 mos break after a layoff?

Anybody is thinking to take a 6-12 months career break after a layoff? Instead of jumping on the next work opportunity take time to focus on traveling, hobbies, socializing, mental health, spending time with family..

by
| 1150 views | | 9 replies (last February 9, 2024)
Post ID: @OP+1qXePZ7q

Layoff severance terms - US

Can someone please confirm the severance structure for the US? I’m hearing 2 weeks for every year served OR depending on annual pay (for example $100k+ minimum of 12 weeks) plus Warn period? Is it the 2 weeks per year or is it based off the annual... — read more 

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| 975 views | | 1 reply (February 7, 2024)
Post ID: @OP+1qX3TmwT

Does it seem quiet?

Feels quiet in office lately but a few zoom meetings. Does anyone feel the same and everyone is waiting for something?

managing-up

https://www.efinancialcareers.com/news/Andy-Sieg-Citi I always thought this the case at Citi- managing-up. I see some MDs all the time going around with their bosses MDs, I wonder when they even work

by
| 693 views | | 1 reply (February 9, 2024)
Post ID: @OP+1qXZJHwu

Mass layoffs hurt people, companies and society

“The ubiquity of layoffs has convinced a generation of managers that there’s no other way to do business — that periodic downsizing is necessary, even beneficial to companies. But it’s not. Regular layoffs are a perfect example of a widespread yet... — read more 

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| 810 views | | 3 replies (last February 13, 2024)
Post ID: @OP+1qWjQj94

Severance lawsuit needed?

If you are laid off and you are to get the severance+WARN yada…yada…and as I have seen on this board, Citi dragging their feet on the payouts…. I assume its to encourage you to take just any job at all, which in turn stops the severance+WARN payouts... — read more 

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| 1180 views | | 9 replies (last February 8, 2024)
Post ID: @OP+1qWV9fj7

Managers exhibiting odd behavior . . . ?

Like everyone, I have a chance of losing my job but am really not that concerned (odds of dismissal are low, I think). Regardless, my manager is involved in the layoffs/reorg exercise and has been acting very distant, disorganized, and very hard to... — read more 

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| 1380 views | | 7 replies (last February 7, 2024)
Post ID: @OP+1qWbGRch

Payscale release in Workday

Are the salary ranges still being released in Workday? I heard they would be visible Feb 2. Has anyone been able to view their range?

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| 1290 views | | 7 replies (last February 9, 2024)
Post ID: @OP+1qWu1aDL

Focus on layoff info

Why this forum is converted into a forum assorted topics with cribbing about what others are getting and why others are not belong laid off. Some are also focused on rediculing Jane and HR. Why can’t some moderate the forum and keep the focus. — read more 

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| 880 views | | 4 replies (last February 6, 2024)
Post ID: @OP+1qW0DB0i

Giving notice

Assuming you are not tagged for layoff and you give 2 weeks notice, can you change mind and offer to continue during that 2 week time period?

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| 680 views | | 2 replies (last February 7, 2024)
Post ID: @OP+1qW6xNSL

After signing severance papers

Do they send you some offboarding package, like leaving citi handbook and details about deposit of severance funds, copy of signed severance from their side, anything else? Or just directly deposit funds in account?

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| 1070 views | | 6 replies (last February 7, 2024)
Post ID: @OP+1qWOSVSP

Vendor consultants & H-1b1 visa employees

Have these groups really been impacted. It seems like there is still a lot of people in this group who were not laid off/contract discontinued last year or last month. Shouldn't contracts be up for revision for consultants by now with it being 2024?... — read more 

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| 1400 views | | 9 replies (last February 6, 2024)
Post ID: @OP+1qVwsEOW

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