With PBWM being cut, are there positions within that are still safe? We are encouraged to apply internally right now, and a lot of the open positions I see are located with PBWM. Some collections positions and ERU. Wondering why we are being... — read more
Risk & Controls
Hearing that they will be impacted the most and not just at management level from what I’ve heard (take it lightly of course since it’s through the grapevine). Hearing that entire controls and risk departments will be completely dismantled, moved or... — read more
There is always more than one round
If you survive the first round, do not assume you are safe there will of course be 2 maybe even 3/4 rounds at the mid levels and below. That means avp, vp etc... Stay safe!
Support staff employees and tech support at risk
https://business.outlookindia.com/corporate/citigroup-in-talks-for-layoff-after-management-overhaul-support-staff-employees-at-risk-report
Timing
Non-employee question- Did they wait until the VOE was over before they made these huge announcements?
Mismanagement in its highest form
US Air Force general Mike Minihan predicts WAR with China over Taiwan in 2025. https://www.nbcnews.com/politics/national-security/us-air-force-general-predicts-war-china-2025-memo-rcna67967 US Air Force general predicts WAR with China over Taiwan... — read more
Are you excited about the new reorganizations
Going across Citi? Do you think we'll fair better from these changes? I'm uncertain.
Why are all the new CEO directs white males?
So you mean to tell me DEI doesnt actually work?
ICG is being eliminated
Just got word.
CNBC reporting reorg and layoffs pending
https://www.cnbc.com/2023/09/13/citigroup-ceo-jane-fraser-reorganizes-businesses-as-bank-is-mired-in-stock-slump.html No backfills for years now. Now cuts coming. Probably right before bonus time to prevent payout. This company is awful
Fernando Lopez Munoz CPB leaving?
He is at least the 3rd senior leader leaving this year! Wonder what they know that we don’t?
It's VOE time!!
It is time to tell whomever reads these annual surveys exactly what I think.
How is Tampa and AML?
Heard good things now that the campus got renovated. Want to get back to aml and the fiu and possibly other areas, and info??
Hiring Freeze Over?
HR is telling me "soon" for a decision on a position. Does this mean the freeze is over for the quarter?
If Citi is so bad, why do so many employees leave and come?
I was told when I interviewed that many employees have left, and then returned. I have seen this first hand. Why are they coming back, if it's so bad here? Grass isn't always greener, I suppose.
My manager told me having COVID is not an excuse to work remote.
I was told I'm either healthy enough to come in the office three days this week and expose my co-workers or I can use unplanned days. Otherwise I am subject to discipline. Are they just trying to push people out? What an about face from mandatory... — read more
More Layoffs are Coming, Very Soon
If you have any leads on other jobs, I recommend you start applying now. The worst time to look for another job is when you need one. Look now while you still have leverage. Worst case scenario, you get an offer you turn down. No harm in looking and... — read more
Who runs the US mortgage group these days.
Any hint would be helpful.
Leaving Citi
If you leave within a year, does Citi typically recoup sign on bonus?
Layoffs
When do you think your manager decided to lay ppl off? was it months before when the company was looking at reducing headcount or do you think it was a last-minute decision? Just curious if by the time you got your year-end your manager already... — read more
Headcount reduction rumors
I hear a lot of whispers about possible headcount reductions. People speculate out of fear and concern. How far are we from layoffs? Does anyone have any insight?
Extra approval
I had a conversation with recruiting that the position I interviewed for needs “extra approval”. They don’t know when they’ll get it so it might be a while to get an offer out. Is this a thing at Citi?
Hiring Freeze?
Is Citi in a hiring freeze right now?
Citi's Buerocratic Act is Responsible for it's failure
Citi's Top management has big issue understanding root cause of the failure. They are not open for any discussions where the issue is. they only want to discuss where they can prove some fake numbers and get bonus. Mark Mason is saying laying off... — read more
Is Citi really doing so bad?
Lots of cutbacks going on.
Do midyear reviews matter?
Can you get laid off over a mid year review or is it only end of year?
How did you do with midyear reviews?
Meets expectations here.
Layoffs happened
Had a team meeting today where our bosses boss read out a letter from HR spouting the usual nonsense but culminating in more layoffs. My team (AML) had 3 impacted, not sure about the other teams :(
Spotlight on ethics: Se-ual harassment
Any of you read that? I can't believe some employees who have done some of this stuff, costing them their jobs. Get a hint. Which is why you don't cr-p where you eat, or even attempt to.
Mortgage employees' future amid low home sales
Very few people are selling or buying homes in 7% plus interest rates. Do you see something on horizon for Home Lending Employees, both Business and Tech?
Severance
What kind of severance packages do they give Director level roles?
Former employees are starting to get paid for companies stupid decisions
https://frontofficesports.com/espn-offers-sage-steele-501k-to-settle-lawsuit/
Ironically, the least anxious are the mediocrity
While those who are capable tried to work hard, mediocrity strove to be boss's favourites. And so who is in greater uncertainty about eventually losing their job?? Unfortunately, those who were more dedicated to their work. This is a place with... — read more
3 days a week in the office
I missed this in house statement. https://www.reuters.com/business/finance/citi-will-hold-employees-accountable-office-attendance-statement-2023-06-22/
Massive layoffs coming soon
To a site near you