Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Consumer Analytics….

Anyone know what’s going on w USPB analytics? They’re like a R&D dept that doesn’t deliver. Feel like something needs to change w them… every group in consumer seems to be creating their own shadow analytics teams bc the actual Analytics dept is too... — read more 

by
| 2591 views | | 9 replies (last January 3, 2024)
Post ID: @OP+1pHOQOaN

New org charts released from EMTS

Hi, within the new org charts that was released today amongst all teams we cannot see past the director. So it is still unclear about SVP, AVP and analyst roles. How would we know if our team was impacted or not if their only showing the directors... — read more 

by
| 3491 views | | 6 replies (last November 21, 2023)
Post ID: @OP+1pHH0erw

Getting worse day by day

“ Fraser emphasized that executives are striving to move quickly to reduce uncertainty among employees about their roles. Additional phases of the overhaul will be announced early next year, with the full restructuring expected to be complete by the... — read more 

by
| 2970 views | | 4 replies (last November 21, 2023)
Post ID: @OP+1pGp6r6H

Leadership failure!

Like many who read this story, my thoughts go to all those facing the turmoil of redundancy in a week when we're supposed to be giving thanks and 5 weeks from displaying festive Christmas spirit. Those involved in all aspects of these events know... — read more 

by
| 774 views | | no replies yet
Post ID: @OP+1pGHDWBF

Any word from SMTs?

We haven't heard anything from our SMT.

by
| 933 views | | no replies yet
Post ID: @OP+1pG9hSIo

The Bigger they are, the Harder they fall

Citi is in a downward spiral and it is in all of our best interests to start looking for a new job. Even if you make it through Janes rolling RIFs, the stain of Citi will always remain.

by
| 1370 views | | 2 replies (last November 20, 2023)
Post ID: @OP+1pGa98sN

AML TAMPA??

CRIU (AML) in Tampa, does anyone know if analysts should expect layoffs this week?

by
| 3080 views | | 8 replies (last November 23, 2023)
Post ID: @OP+1pGnfHV7

This is not a kindness

I don't take the lack of layoffs in December as a kindness or some kind of a Christmas miracle. I highly doubt that's how it was meant. I just take it as another full month of having to stress and worry and see my blood pressure go up and up. If they... — read more 

by
| 2220 views | | 7 replies (last January 18, 2024)
Post ID: @OP+1pGsiNJ9

The Truth

This will get worse before it gets better.

by
| 1420 views | | 1 reply (November 20, 2023)
Post ID: @OP+1pGLjkLJ

Changes for HR

Seems like HR is finally seeing some major changes. Can anyone in that area comment? Looks like Chief HR Lady is losing two direct reports, and many of her direct reports are losing people?

by
| 1220 views | | 1 reply (November 20, 2023)
Post ID: @OP+1pGCg2Yq

Does this sound right?

Right now they are merging departments together and getting rid of top level management then after this is done, whoever is left at the top, will look at the rest of the people in their group, and then decide who gets laid off. This would include vps... — read more 

by
| 4332 views | | 25 replies (last September 29, 2024)
Post ID: @OP+1pGPlpkK

Risk Announcement: Observations

1: Fascinating the number of MDs in Risk alone who have "Transformation" in their title. Three levels down from Jane, in Risk alone, there are four such people, three of them in ERM alone. 2: How is that ERM saw almost no changes to its MD list?... — read more 

by
| 2710 views | | 7 replies (last December 14, 2023)
Post ID: @OP+1pGxxOun

Paralyzed with Fear

No one is doing anything. Work has come to a halt. + Thanksgiving week and Holidays approaching. For those who are not laid off, it should be an easy existence for the time being. Enjoy it while it lasts

by
| 1800 views | | 3 replies (last November 21, 2023)
Post ID: @OP+1pG97iQ4

CTI leadership is gone

Looks like all CTI directs are let go in favor of the existing ICG/PBWM directs in the Co-CIO org, except Chuan who moved into BA group. No favoritism there, lol. Not a very good look for the reorg from CTI perspective.

So this is going to be going on all day??

I read Jane's email. Why drag it out over the course of the day? It feels like a super long email that's pretty much saying no much at all. What's the point of 'Ask me anything'? A lot of questions get censored anyway so I will refrain from asking... — read more 

Jane’s email

Just got Jane’s email…whatever changes they announce today are effective immediately. I’m still on my way commuting to work…maybe I should have taken the next train home instead. Stay strong and good luck, everyone!

by
| 1117 views | | no replies yet
Post ID: @OP+1pGLSqD8

Silence …. No emails

Haven’t heard anything…. No emails …. No chitchats ….. hope it’s like done in the morning.

by
| 1440 views | | 3 replies (last November 20, 2023)
Post ID: @OP+1pGk77Fd

I feel sick to my stomach

This will be a long day. Then we'll have to go through the same thing tomorrow and the day after. Can somebody please tell me when did it become acceptable to treat your employees in such an inhumane way?

by
| 1580 views | | 3 replies (last November 20, 2023)
Post ID: @OP+1pGceZ7P

Good luck

I am writing to express my sincere concern regarding the recent layoff announcement at Citibank. This unfortunate event will not only affect the NYC economy but also many other regions. This is especially concerning since we are approaching the... — read more 

by
| 1410 views | | no replies yet
Post ID: @OP+1pGhFVsl

Tomorrow …. Good luck everyone

Dreading tomorrow but also wants this week to end already …. Just give us the list rather than spreading it out ….

by
| 2251 views | | 3 replies (last November 20, 2023)
Post ID: @OP+1pF2fDQE

Be prepared now

Make sure you have a copy of Citis Handbook which has all pertinent phone numbers as well as severance info that citi has to abide by since it is in writing. Also make sure you have your HR person’s phone number and email and their managers and... — read more 

Don't quit

I have a feeling that prolonged layoffs are a way to destroy morale, create a toxic environment, and have us quit on our own. Unless you absolutely have to, please don't give them that satisfaction. If they want me gone, I'm sure as he-l going to... — read more 

by
| 2030 views | | 5 replies (last November 21, 2023)
Post ID: @OP+1pFqs1P7

Are we mostly done?

I'm assuming that the majority was already laid off this week, and the next week will be just those who were unavailable for whatever reason. Am I wrong in assuming this?

by
| 2930 views | | 9 replies (last November 19, 2023)
Post ID: @OP+1pFzNiJP

HR needs to go

How has Sara Wechter been allowed to create such an absurdly overstaffed organization? HR literally has MDs reporting into MDs reporting into MDs. Who's idea was it that HR needed so many MDs in the first place? What exactly do these people do. ... — read more 

by
| 2610 views | | 8 replies (last November 19, 2023)
Post ID: @OP+1pFn9n0n

Start the job searching now.

It takes a long time now for resume’s to be vetted and to get an interview. Start looking for a new job now. Months sometimes. If you get let go now or in December or Jan, you already have submitted your resume to other jobs. You’ll already have... — read more 

by
| 1920 views | | 2 replies (last November 18, 2023)
Post ID: @OP+1pEckx8x

Start a new thread - post a news comment, question or message:

: