Any rumors of the Irving campus going to 3 days a week in 2026? Mainly asking because we all saw the news of Tampa.
24 replies (most recent on top)
Just got an email today confirming 3 day requirement by March 2
Keep in mind that people who are trapped or who feel trapped, don’t want to be alone.
So, they overzealously spout out false rhetoric of “it’s impossible to go anywhere else”. Just ignore them and do your own thing.
Whoever says you can’t find a job outside of banking, is an mor@n. If you are pigeon hold as a bank teller, I can see that but that does not span all roles. Naturally if you are good with numbers (number cruncher, excel, accountant etc…) you can do the same type of job elsewhere.
If your an uppity up making 300K+ and worked your way up to that from the ranks only in the banking sector, then you’ll probably have a very hard time trying to wedge your way in to another sector at that same pay of you ONLY have experience in banking, this is true.
However most folks don’t make that much or are at that level. I myself am in tech and I’d have no issue, AI or not, finding a job outside of Citi. Yes, I realize that the job market is nothing like what it was 10 years ago. So what. It’ll take a little longer to find something but if you put in the grind, you can land something. Just like what I’m doing right now.
Oh, no, wait, I already did find something outside of Citi and left. Well there goes that theory that there’s no life outside of Citi or banking.
Don’t listen to the koolaid drinking naysayers guys. Just keep grinding away, keep your head down, continue to develop your skills and\or learn new ones and start your job searching and be patient. There’s no shame in taking a job elsewhere making the same pay for a place that treats you better.
@10s sounds like teen spirt. Er BS.
Sounds like jealousy and incredulity. Yes, there are actually people in the Investment Banking and Equity/FI Research departments whose base salaries are at least US$300,000.
Does every employee have a minimum $300k ? No. But there are more than a handful.
Same with Sales and Trading depts..
@x6 all of this post is utter nonsense. Capped of with finance VP’s in banking making 300-600K
LOL you’re a clown
@wg well it’s true. I had my own business for a decade after that and before joining Citi. I am a total unicorn in that regard. Things like Zoom and Workday and Teams didn’t exist when I last worked in an office.
@wg+1kc4wfbdv
You’re absolutely right. An exchange admin at Citi can never ever get a job as an exchange admin at any other sector.
As an example oil companies will be like “no way sir, we are only going to hire exchange admins from other oil companies. Even though your duties have nothing to do with finance or oil directly, and the exchange admin duties are identical, it does not matter. You’re from the finance sector so its impossible for you to transition elsewhere”.
or
“no way Mr. number cruncher. Even though you balance the purchase books for banks, there’s no way you could ever crunch numbers in the insurance sector. Even though 1+1 is the same in both sectors, you’re from the banking sector, so it can’t happen”
This is how it all plays out. The old you’re in the sector you are in forever caste system, its impossible for you to go elsewhere.
It’s this sort of thinking that makes Citi monumentally lame. A constant forever message of “think outside the box” delivered daily but you, yeah, you hit the nail right on the head sir. Well done on delivering a perfect example on WHY Citi is internally as lame as it is.
@km It's difficult if not impossible to work for years in cpg/manufacturing/pharma etc. basically a Non-financial institution and then land a job in a Financial Institution (bank, private equity, hedge fund, asset mgmt, etc.) Unless you're a Nepo hire or famil/politically connected.
It's also possible the poster is Lying. Seems more like a combination of:
Poster is Lying
Poster works or previously worked in Citi HR
Poster worked as a Headhunter/Recruiting Agency.
Poster now working as a Stockbroker/Financial Advisor (nice euphemism) in a bank, a revenue generating dept. where there's high pressure to sell and hit revenue targets/goals, else you don't eat.
It's an uphill battle trying to convince a bank/Financial Institution to hire you if you were in cpg/manufacturing/pharma etc. selling household products (food, appliances, deodorant, cars, cleaning fluids (Lysol, Clorox, etc.), shampoo, soap, etc.) and then pay you banking salaries.
The bank's hiring managers and HR will look @ your resume/CV and ask, how does selling ice cream relate to selling banking/financial products or mitigating financial risks?? You're lucky if they don't laugh in your face, but they'll most likely not even give you an interview.
Also, it's an acute triangle with very few executive level positions at the top in cpf/manuf/auto/pharma etc.. Their VPs are the equivalent of banks' MDs, but NOT equivalent in salary levels.
Example, a VP in a bank/financial company working in Equity or FI Research w/base salary $300,000 to $600,000 will be the equivalent of a cpg/manuf/pharma etc. C-Suite Executive Management. VPs in Equity/FI Research in banks are a dime a dozen. Not so in cpg/manuf/pharma.
@ga you’re on crack. Most of my experience is in CPG. Salaries and importantly bonuses are significantly higher until you reach director level where they even out. Had been running my own business before I joined. The initial offer was laughable. I negotiated 20K more and was still being paid less than my last role but was OK due to hybrid nature and given a goal to just cruise into retirement in a few years.
I don't disagree with you about it's compensatio bonuses levels and neducal/pension benefits.
Citi is at the low end of the range more comparable to BONY Mellon and Wells, Not GS, JPMC, Morgan.
For example, a Financial Analyst working in a manufacturing/cpg company w/ a $100,000 base salary can probably get $125,000 even in Citi.
We can take +15% to25% as a guide and benchmark.
@ga+1kc4wfbdv
Man, you could not be more wrong. Saying that finance pays at the upper end of the pay scale…ummm….no. I guess it depends on what your role is but for the most part, no. If you’re in compliance for which finance needs an army of compliance people vs other places, maybe, other than that I just don’t see it.
A number cruncher at Citi can be a number cruncher in the medical field, or industrial or retail or energy sector, not to mention tech for…get this…MORE MONEY.
Citi likes to tout that they are the end all be all for comps but honestly, they are average at best. Average pay, average 401K contributions, average insurance, average everything again, at best.
Did you ever consider that people go into or work in Finance/Banking because it pays better than other industries like manufacturing, auto, cpg-Consumer Packaged Goods/Food, pharma, etc. ??
A Financial Analyst working in the Finance/Banking industry has a higher salary than one working in the Finance Dept in a cpg, auto, manufacturing, pharma etc. company. Of course, unless you're a nepo hire or have political connections, then your salary will be higher than your coworkers' salaries. Bonuses are also generally higher in Finance/Banking.
I know people who had to take a 50% to 70% base salary pay cut after they got Laidoff from JPMC, Deutsche Bank etc.. and got so desperate because they were unemployed for years, that they accepted jobs in non-Finance/Banking industries. Their jobs were still Finance-related, but their new employers were non-Finance/Banking companies. And their bonuses really Svck compared to what they were previously getting.
Investment Banking job burnout may be real (as well as the tragic De@th by exhaustion you hear about in the news/media where people literally D!e at their desks). Also it's feast or famine. During the feast years, you're making money hand over fist and more than enough to pay back student loans, live a luxury lifestyle, pay for a down payment on a house, etc..
But this is the price of making a Sh!t load of money. At some point, many people will be selected to be part of a "Transformation" and Laidoff. At which point, they become priced out of most jobs, kryptonite and untouchable by many companies.
yeah well they achieved their goal to push people out. Tampa doesn't have enough space for 3 days a week so inside and outside will be tight with people. This helps nothing. I hate hearing people talking loudly on Zoom on the floor and i crank up the music to drown out the convos.
When you are working on something complex and Bob and Sue are giggling over coffee or Frank is expressing how you can take your power back and your brand on Zoom it wears on the nerves.
Guess what? Some of the best people who actually do the work will leave and they'll be 🫨scrambling again. Remember they don't care about people and keep having the sheep feed their AI. Just my 2 cents.
Did it ever occur to you that there are other jobs out there DIFFERENT than the financial institutions. Are you such a sheeple that thinking THIS is your only choice? Have you really pigeon holed yourself so bad that finance is the only gig you have to stay with?
As one poster said “ Why work at Citi and make “x” amount to go into the office, when you can work somewhere else and make “x +20%” more and go into the office there?”
@a6 Citi exceeded its 2025 RIF budget ($600,000,000) by $700,000,000. Meaning, more than double.
@d8 Good luck if you're referring to walking out to another high paying financial as they are all returning to office. Wells Fargo going back to 5 days a week starting 1/26 - all telecommuting status resended excluding medical exemptions.
JPM/Chase - 5 days in, no telecommuting, etc, etc
Well, you can tell the senior MD this…..
It doesn’t bother me one bit. As a matter of fact, it’d benefit me.
If I work from home, you get 10+ hours out of me on those days.
On the days you make me go into the office, you get only 8 hours.
So it’d be 3 days per week you only get 8 hours per day out of me. No less, no more.
It would not hurt me to work less for the same pay.
If senior MD have an issue with it, then they can also prepared to kiss my @ss.
Yes, I was on fly on the wall in a meeting last week that hinted it would roll out in Irving in Q1 2026. Senior managers are preparing for it.
If I’m made to go into the office more often, then you might as well work somewhere else for more money. Why work at Citi and make “x” amount to go into the office, when you can work somewhere else and make “x +20%” more and go into the office there?
Mission retirement Feb 2026
Mission all 5 days by 2027
Yes. Plan is to drive out as many as possible via attrition as Mark Kason has signaled lower severance costs in26. Bora Bora being an abject failure..