Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

KYC US Layoffs

KYC layoffs within Miami, Fort Lauderdale, and Tampa locations today. Offshoring the work to Costa Rica while there they struggle to work through the cases leading to greater customer impact. All in the name of cutting costs, right?


Belfast thinks they are safe. It’s all about the crossed fingers and let’s huddle together.

Just like so many other sites, they were given a feel good speech and feel all safe and sound. It’s all nice weather before the storm hits. The layoffs are a roving spot light. Sometimes it quickly passes over, sometimes it stops and stays for a... — read more 


Low cost centers affected

I have a meeting today. Scheduled very late night. 90% chance being cut. I will come back to update if it's true. People in US already were told to retire if they can. Being in Tech or in low cost center does not save you.


Seemed quiet today

I'm in risk and I have contacts across sites and functions and I didn't hear anything about any layoffs today. I know that means nothing but usually I hear things. Anybody else?


Internal Audit

Does anyone know what happened to some of the C15s in Internal Audit. I just searched some C15s that I knew in Internal Audit and all their direct reports are there in global directory but they now C14 report to C16….Did the layoffs impact Audit?


Chaos

The level of chaos and misery that I am seeing in Irving is off the charts. I've been in corporate America for decades and I've never seen anything approaching this level of cruelty-- unfortunately I think that's the point.


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