Citi senior management are sorry to have to let some valuable employees go. However are they keeping more valuable employees or just talkers or brown nosers? Imagine a group with all talkers who are presenting a few doers’ work and all try to comment to show their existence? Everyone in office posting successful story, discuss good experience all day? Doers either laid off or quiet quitting. Happy, happy until one day big issue exposed?
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It would have been good to retain talent that would align with achieving the organizational strategy. But not sure what has been the logic.
Most of C15's are useless. Many were hired from outside (JP Morgan) in last 3 years . The good for nothing C15's only talk and do not do anything that will resolve a data issue just reporting and fluff stuff..more PPT's and fake control objections
Yes. I can see promotions are based on number of years in organization but not considering their new learnings. Most of the people are at retirement age and no much interested on new learnings.
Lol I come from a different industry and these ranks are ridiculous and there are some people that act like they're really the big bosses when they're individual contributors with inflated rank.
I don’t think people are sad about transformation and what bothers is this process is not correct. Hopeless and inefficient bosses are around because they are close to their bosses and people got promoted are who butter bosses.
I don’t think anybody really cares about talent here.
Post ID: @1ysv+1qRwhqSz : SVP is a made-up title for middle/back office to keep them happy and low paid. Directors should be the only ones who manage. Citi will keep the brown-nosers, that is for sure.
True. 60 percent above SVP in my group and they are hiring more and promoting more. Everyone think they are bosses but not knowing how to do work.