Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Virtusa Vendor

How is virtusa as a vendor for Citi? Is it the biggest vendor? How stable is the job if I join citi through virtusa as delivery manager ?

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| 960 views | | 1 reply (October 2, 2022)
Post ID: @OP+1iVxRpDd

It's not a bad as it could have been

I'm not trying to defend the company, but our layoffs were under 100 people while other banks cut hundreds upon hundreds of people from their mortgage and landing. The only thing that worries me is whether there will be more to make up for the... — read more 

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| 1531 views | | 2 replies (last September 14, 2022)
Post ID: @OP+1iBCnqpC

Mortgage Layoffs

https://www.bloomberg.com/news/articles/2022-09-02/citigroup-cuts-dozens-of-mortgage-staffers-after-market-slows

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| 1002 views | | no replies yet
Post ID: @OP+1iyYzG94

AVP

What’s a reasonable Business Associate - AVP base salary in NY? Sign on Bonus? Annual Bonus?

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| 1430 views | | 4 replies (last October 19, 2022)
Post ID: @OP+1itrTJm6

I despise that new mantra

At least my experience is that no matter how hard someone tries, Citi will always try to keep them exactly where they are. Then why does everyone constantly repeat the mantra that the employee is solely responsible for his or her career progress?... — read more 

Citi: Substantial problems

Citigroup Chief Executive Officer Jane Fraser, who oversees one of the world's biggest investment banks, is under pressure to improve controls after multiple probes revealed what regulators have said are substantial... — read more 

Employee referral reward is a 50-50 sham.

I’ve referred two different people for two different positions. After two weeks they were told by HR that the position no longer existed. A week after that, they were contacted by HR saying that a new position was opened that they should apply for... — read more 

Commercial Real Estate

Interviewing for a for a role in the commercial real estate department in Irving. What’s the culture/management like in this group? Flexibility on the work from home? Lots of overtime required?

Hiring process is completely bizarre

I interviewed with Citi in early June, 2 rounds of interviews and was told by the hiring manager that interviews would be wrapping up in the next week and I would definitely hear back, along with questions regarding my notice period and if I had any... — read more 

Citi does not work you excessively…it depends.

Here’s my experience. I started work at 4AM all the way through 3PM, no lunch per se, just one apple. My blood sugar is irregular so a normal diet is preferred but for this day so far just one apple. Why no break, why no food? Lots of work came in... — read more 

How many of you are doing the workload of two people?

Our team shrunk via attrition during last year, and in the meantime they have not employed anyone even though we get promises that new employees will arrive. During that time my workload literally doubled, and I’m now doing the work that was done by... — read more 

Lack of career advancement is getting me down.

I try hard, but there is no progress. That depresses me a little. Perhaps I’m overestimating myself and my work, but I’m starting to doubt it’s up to me. How much has your career progressed here? I hope there are those here who have managed to get... — read more 

Empty promises

I've had enough. At the previous company, management also gave empty promises to employees, but here it is on a whole other level. How many times have you heard an empty promise from your manager? I gave myself a deadline to leave this misery in no... — read more 

Digital PM Offer

Citi folk - I just knocked out my 3rd round for a Digital Product Manager role at Citi. So far it's been very unorganized due to the 3rd party recruiting company being absolute garbage. I just happened to find out the other day this is a hiring event... — read more 

I smell a re-org in the works…

Usually Citi upper management when faced with not knowing what to do, often re-orgs. They know they have to do something but aren’t sure what, so a re-org buys them some time. It buys them a year in the eyes of the board. Citi is at the cross... — read more 

Citi to hire 4,000 tech workers

https://www.businesstimes.com.sg/banking-finance/citigroup-plans-to-hire-4000-tech-staff-to-tap-into-digital-explosion

Ugly truth

Citi usually manages their BAU people out of fear and are quick to tell you that the pittance you are given for a raise or bonus is doing you a favor. If your role is BAU then you WILL NOT be given a raise to match the rise of inflation. It just... — read more 

Penalty for loyalty.

According to CNBC those that leave their current jobs for another get at least a 7% increase in pay as a minimum vs. those that stay. Given this, it may be time to leave. Citi should give their people a retention raise. Why continue to punish your... — read more 

Your future in your own hands.

Don’t wait around for Citi to pay you more, to offer you more. It won’t happen. The best that management can do is catering to pizza Friday or bagel Wednesday and that’s as good as its going to get. When compared to other companies, it’s... — read more 

Shorter deadlines

Employees here are used to working under stress. Ever since I’ve been working here this has been a stressful environment, but I’ve accepted that as the nature of my job. Have you noticed that deadlines are getting shorter and shorter though?... — read more 

Citi Bonus

Hello Citi-zens I am new to Citi and have heard mixed reviews on Citi's bonus amounts. What are the mystery amounts... AVP - ? VP - ? SVP - ?

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