An email came out today stating that all Tampa employees will now require to go to the office 3 days per week (instead of 2 days) starting on January 20, 2026. I guess they want more people to leave on their own.
29 replies (most recent on top)
Layoffs coming big in aml and other areas ?
@qy Where are you hearing about 4 days in office for 2026? For years it's been 2-3 days in Tampa depending on location.
@a3 no, that's not the 'problem'. Tampa and other locations at the time RTO started it was over subcribed with people (regardless if they come in or not the builds only hold X.) So, the RTO was 2 days in in order to allow the mass of people to rotate.
Well, turns out you can fit everyone into the Tampa campus 5 days a week (same with Irving). This isn't because some 'exec team' saw an empty campus.
Citi will be pulling everyone back into office starting with 4-days in sometime in 2026. Citi lags behind the big global financials in pulling everyone back in 4-5 days a week.
I Hear Irving, TX is next to bump to three days. Should happen any day now.
@a2 Bizarre take on long-term Tampa employees. Sounds like you're projecting on the 'bad' worker opinion.
Grass aint greener. Usaa is four days rto.
https://www.thelayoff.com/t/1kbe4ey2h
OK, ask your children then how do they find the job market now? Competing with millions of desperate workers from third-world countries being imported into the US/EU/UK in order to keep salaries flat in the past 30y and in the future - the so-called globalization idea, actively propagated by the rich capitalists. What you say is ridiculous - you were competing with millions of people looking for jobs haha. My recruiter friends today cannot keep up with the amount of applicants from India / China / etc. which were non-existent in 1990. And that is on top of the already imported tens of millions of people in the past 30y...
@ak Spot on correct. These Gen Zers have it easy because of technology. To see them whine and be entitled is sooooo nauseating and disgusting I actually enjoy torturing them with difficult interview questions whenever I'm one of the hiring managers ! LOL!
There was No Zoom when I graduated from University, so that I and millions of other people interviewing/begging for jobs did Not need to waste time and money commuting in person for ALL stages of the interview process, which could be 3, 4, 5 or 6 in-person meetings.
Most companies were still posting jobs in newspapers including the NYTimes Help Wanted Sections. Imagine Not having company websites to go to, to upload your resumes ! We had to circle the job postings we're interested in, cut them out and scotch tape them onto white paper. Then phone or email the contact info.
Some companies only phoned job candidates and Not emailed them about next stages in the interview process or if they got the first interview. I could go on and on.
These Gen Zers are entitled and want everything handed to them on a silver platter !
No one got out of the way for me or gave me a free job ! Now it's my turn. Why should I make it easy for anyone else ???
The problem for employers about RTO or other hidden layoff tactics is that the Competent employees with In-demand skills and knowledge will be the first to Quit because they can land new jobs asap. These are the employees that can actually help Citi improve.
The employees that remain at Citi are the Dregs-Ret@rds Citi and other employers do Not want. They stay because they can Not find a new or better job.
Citi is sh00ting itself in the foot by doing RTO, few if any In-seat promotions (Year 2025 was only 1% of the population), paltry salary increases and bonuses (IF Any at All !), etc..
RTO and these other machinations can and do backfire.
This is the Pareto Rule 80/20 by Vilfredo Pareto in the Year 1896.
Even in layoffs happens Citi Tampa only lays off Citizens and permanent residents.
@b2 he was mostly right and were about to find out as they finally have a viable way to do away with most of us.
You actually mean unless employees are in a revenue generating department, e.g. Sales, IB, Equity Trading, FICC, Front Office, etc., the employees are back office support drones.
A senior executive was once quoted as stating, "20% of the employees keep the company afloat and generate revenue. The other 80% do Not."
He then tried to backtrack and do damage control after the media backlash because he was saying the other 80% are expendable, useless or Fireable.
@aq I get the sense that you’ve never worked outside of banking. Working in a real finance shop in a manufacturing or CPG environment is totally different. In back office roles we’re all mostly drones. AI and automation will lay waste to entire departments.
So, if they can't get people in the office with a 2 day mandate, why do they think a 3 day mandate will work? The beatings will continue until morale in proves.
Sterling a-s licking more like - everyone knows that apart from parts of the bank like IB and trading the rest are just licking their bosses as--s to get promotions :D Because there is no real way to measure performance apart from PnL...
@ae grow up you lazy inexperienced GenZ”r. I was your age once no one got out of the way for me. I prospered due to my sterling intellect, winsome personality and despite a focus on appropriate work life balance ability to get the job done. Now at the hour of MY choosing I’ll resign once the three day requirement kicks in. I advise you do the same before the 5 day requirement kicks in.
@ae it feels pretty good TBH
Well done, and that is why young people in other locations are getting cut - to subsidize your cruising until you retire. How nice! People like you are the problem why Gen Z cannot get promoted and manage to achieve what your generation achieved - not that they eat avo on toast and do not save money... They just cannot make money because of the ceiling old people like you are putting on - you probably do not have kids in school, maybe you have couple of properties paid off - pathetic...
@ab Similar here - I took the job because there was an informal understanding that it was a "badge run once a week" gig, not "3 days in office gig". If Citi genuinely wants to compete with everyone else asking 3 days/week in office - well, they're going to get the most competent staff leaving.
@a3 Do you know the date of the surprised visit? Everyone has different schedules
@a2 issue is in Tampa there are very few large employers offering 2 days in office. At the time I joined 3.5 years ago no one was doing it (except for Covid outbreaks). Mostly hybrid opportunities didn’t exist. I purposely took this role for that and accepted 15K less than another offer (in office). Admittedly I took the job based on name rep and a desire to cruise the last few years of my career but I’m pretty sure there are a bunch of people hanging on because of that perk.
Timing (Jan 20th) is interesting after earnings and maybe a RIF announcement. Get rid of the people who they think are low performers or that automation can handle. And drive further HC reductions via attrition rest of year.
@a3 not me I’ll quit.
I applied for a job at Citi and they wanted me to work.out of Tampa, but the pay was so much lower than other places, I declined to go further with the interview.
Moving to Tampa is a death trap.
It's probably a little bit of both scenarios.
The problem was that some of the exec team made a surprise visit to Tampa and it was near empty.
So, this is a prime example of selfish individuals not following policy and ruining it for everybody.
I'll not be surprised if we all end forced back full time.
Frankly, Tampa is a ridiculous office. People there cling onto the job for years. Really low turnover shows that either Citi created too perfect environment there and/or Citi employees in Tampa are pretty bad and cannot find outside opportunities and/or relocate. :D