Reading article after article after article of companies raising compensation across the board for their employees to keep up with the cost of living. Here sits Citi with nothing to offer. They don’t share the wealth when times are good, they... — read more 

Are they kidding me? They really are asking for it, because I will give them a negative down the line. Onboarding was horribly slow. Never greeted by my manager on first day. Everything took so long. I don't participate in surveys, but gee. It... — read more 

It sounds like Bank of America and Wells Fargo are at least giving raises. Has anyone heard anything about Citi in this regard?

As I ponder whether a significant recession will occur, I am somewhat reluctant to quit my job here. In the meantime, I see that some are more than ever looking for work elsewhere. How is the upcoming recession affecting your decision about... — read more 

Citi manages out of fear. They are so quick to say “if you don’t like it, find a job somewhere else”. Now the tables are turned. Management has no idea how to stop the loss of tenured talented staff. If they think that free pizza Thursday will save... — read more 

I would even consider staying here if I noticed that Citi has some concrete and realistic plan for growth. However, I do not see that leadership has any well-thought-out plan. Please correct me if I am wrong. It used to be a lot different, but... — read more 

Given the sale of Banamex and other businesses within Citi. How will the staff that support them operationally be impacted? Are lay offs in the future? Will Citi offer employees incentives to retire early as many other companies do or will they... — read more 

Whether you’re a heavy hitter or BAU, work vs reward should be honored. Unfortunately a top performer that does BAU work is neglected at Citi. Not all companies though have this point of view. It seems that Microsoft knows how to take care of... — read more 

Citigroup has tremendous Geo-Political risk with respect to its out-sourcing of Technology development and support to third-world countries (i.e., application development teams and application support teams) most of these teams are either out-sourced... — read more 

If you have to pay more to hire new employees that means the market has gone up and your current employees need a raise to match. Don't punish loyal employees for sticking with you by allowing their compensation to fall behind the market.

All I hear is that attrition is high with little do no back fill which feeds into staff shortages. Ok, so if you’re down 20-30% to keep what staff you do have, then why not take the pay you wold have given to those that left and disperse among... — read more 

I see where some companies are tracking employees who aren't coming in to the office.

I got 0% bonus and I am expected to muster great enthusiasm and long hours for [$$$ mysterious bonus amount] next year? SMH, come on now.

How can Citi strive to be the leader in wealth management when we keep making mistakes on the scale of billions. The Revlon debacle and now the Europe flash crash. Naturally this will be followed up with some new initiative on risk controls by... — read more 

3 days in the office instead of the 2 that was promised. Why should anyone stay here then?

I heard some rumors about cuts, but I really don’t believe there will be any soon. Possibly we can expect even more pressure on employees, as a result of which many will leave voluntarily, without packages.... I may be wrong, but... During the last... — read more 

https://www.msn.com/en-us/money/personalfinance/citi-says-a-trader-error-caused-europe-e2-80-99s-stock-market-e2-80-98flash-crash-e2-80-99/ar-AAWRxEZ?ocid=uxbndlbing

Once the recession hits and it will, there will be tough times ahead. It will be swift and sudden and very bad lasting about a year. Then with time the market will level out and climb back up. Companies will hire again to accommodate growth.

From what I’ve read 8 out of 11 times that rates were risen like this, a recession has followed 1-2 years afterwards. I suggest EVERYONE save their money for the tough times ahead.

https://www.linkedin.com/posts/bank-on-our-future_take-the-confidential-survey-now-activity-6922474098782584832-G6Zx

The average loyal employee receives a 2-5% pay rise each year. The average job hopper receives a 10% - 20% increase in salary every time they move jobs. So citi managers instead of complaining about candidates hopping jobs every 12 months, how... — read more 

Stock price down 27% in the last year. The CEO may have to step down just to save her own investments. I hope she's putting some money away for later...lol.

Management at Citi acts if they are the only company on the planet hiring anyone. They try really hard to sell it to the employees to keep them in line. This is just not true. The salaries that Citi laughs at, other companies embrace... — read more 

I don't know what your situation is like, but personally I've been under heavier load than ever. Faced with abnormal pressure, shorter deadlines, unrealistic demands, increased criticism, I can't conclude anything other than that Citi is avoiding... — read more 

It's ridiculous how much is expected of us these days.

Citi stock is at a 52 week low right now. This measurable metric should be the CEO’s primary focus and if it HAS BEEN the primary focus and this 52 week low is the result, then maybe we have the wrong person for the job.

You are wanting to start a business and are looking for a location. You notice this one store is in a good location but there’s a lot of turnover and you don’t know why. One day its a restaurant, months later a donut shop, months later a nail salon... — read more 

Is this a bad sign?

My manager constantly talks about how it is impossible to fine good new employees. I keep wondering If he just pretends or does he not see the real picture. I mean who would want to work at such a company where people are overworked to the... — read more 

Layoffs are a common tool used especially when mgmt is not sure what else to do. There are times when mgmt knows they need to do something but they aren’t sure what, so a good layoff shows the board that “action is taking place” that “we are on top... — read more 

ALL major banks and almost ALL analyst predict that in about 1-2 years after the interest rate hikes that are coming, we will enter into a light to moderate recession lasting for at least 1 year and another 1-2 years after that to return to “normal”... — read more 

) Recession will hit and\or interest rates will climb. Businesses will be strapped for cash, benefits, etc… general layoffs will ensue. Citi Management will leverage the tough times to crack the whip even harder. Repeating the common phrases of... — read more 

I’ve seen a scenario play out over the years that I truly don’t understand. There will be one niche area with just one expert. The expert leaves, they throw someone else in that role whether they want it or not. Goal them aggressively with being the... — read more 

Will there be layoffs this year?

People are leaving this sinking ship without severance, so there is no reason for layoffs. They will move people around to go where needed. This will only continue as the people who are left will have to put up with being overworked everyday or... — read more 

Hey complainers, isn't it better to get out of here when you get another offer than after you've been laid off? People like to say they’re above all this here and can’t wait to get laid off, but I don’t think there’s much truth in that. It's easy to... — read more 

I'm starting to hear of the "normal" restructuring & possible layoffs around the June time frame, yes even when they can't find good workers! I can testify to nervous management and addional reporting requirements. Just wanted to share. Has anyone... — read more 

At this point, it would only help those of us who're planning to leave but either haven't been able to land a new job yet or are still scared to take that step. Judging by the people around me, there is a lot of us. When the next layoff round is... — read more