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?

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 

The statement is all over in the news links. Which teams do they mean by Financial Reporting?

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 

Calls to remove Jane Fraser is growing by the day, is it because she is a woman? This would not have happened if she was part of the boys club!

Should I work from home on Monday? I just don’t want to live through the humiliation of having to be walked out of the building lol

The 2007-2009 crisis destroyed Citi. It’s just a zombie bank . Citi received 2 trillion bailout and the stock is still down 90 plus percent . However you slice and dice it . The mortgage crisis that started in 2007 was created by lax and bogus... — read more 

Let's use this thread to share any good articles we find

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up... — read more 

With the level of verbal abuse, retaliation, unethical practices and old-school leadership I expect all who don’t join their train will be let go. I know many hoping they will be let go with a package of any sort…

Citi is where it is now because of failed leadership. Citi leadership lacked sound strategy, no vision and they are utterly in competent. Now as a last resort, Citi is laying off people to overcome the shortcoming of poor leadership. Basically... — read more 

Anyone hear about layoffs in PBWM yet? It’s been extremely quiet last few days which is strange…

What are people who work in ICG doing now that all the committees have been axed? There are such high numbers of MDs- surely a lot of layoffs in that area?

I am Scared to go work today. Applied sick leave

Has anyone heard of any over the last three days?

Was wondering if many teams within finance, tech, internal audit, compliance etc. That are currently short staffed, would there be many layoffs? Was wondering what can happen if cuts are made within teams that are short staffed already?

Are they being rolled into other roles are they just gone? What will MD's do without them or are these getting the axe when their MD's do?

How is this being kept so quiet? Are they asking the people who were laid off to not talk about it or something.

An information on O&T layoffs? What about ISG and CTI?

Been trying to google it but getting conflicting info that it is applicable but somehow it isn’t in some cases. Friend was laid off during mass layoffs in another company in TX this year and didn’t get anything

A quick one shot layoff all the same day such as Goldman did, or long drawn out layoff that citi is doing. When Goldman laid off all those people, everybody was very critical of it, but I wonder which is worse.

Is anything going to come out this week via email on what's going on? Seems strange to have to hear rumors or media coverage.

Haven’t heard anything yet …… Just the waiting game is so painful

So haven’t seen any emails or updates about restructuring yet. Does anyone know if they started laying off the Fraud Department yet?

How many were cut on Day 1?

I'd like to think that the rest of the team is safe but it's still hard to fully relax. Our manager didn't say anything but isn't it usually that once a team is affected, they are done for that particular round of layoffs? Or am I just imagining... — read more 

She created the bloat with massive unneeded hirings to push her political views, now to offset this bloat, people have to be let go. ... — read more 

I haven’t seen any WARN notices go out in NY. Layoffs must be limited so far.

In the midst of mass layoffs, Citi is more concerned with 'inclusive language' and trying to be like Google. Anyone else see that ridiculous CTI announcement banning words like whitelist, master contracts, etc. What a joke this place has become.

Or the Client Org (previously PBWM)?

Has anyone been laid off at MD level or below? Please let us know

Has anyone from IA been laid off as yet? If so, how was it done? Was HR and chief auditor/or directors involved in the meeting?

If you get a unexpected meeting on your calendar today - good luck.

I'm sorry, but this is kind of ridiculous. The company needs to just go on and be honest with people. Do what you say you're going to do so people can move on with their lives. Enough of the rumors and leaking stuff to the media.

Wondering if they started or are they waiting until EOD.

Citigroup will soon begin layoffs in CEO Jane Fraser’s corporate overhaul, CNBC has learned. Employees affected by the cuts will be informed starting Wednesday, with new dismissals announced daily through early next week, according to people with... — read more 

You can't tell me they couldn't notify everybody today. Why drag it out for basically a full week and let us stress over it even longer? Not to mention, some people will find out they lost their jobs a day or two before Thanksgiving. How... — read more