Thread regarding Citigroup Inc. / Citibank / Citi layoffs

David Chubak leaving Citi

Interesting.....hmmmmmm

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| 2482 views | | 11 replies (last January 18, 2022) | Reply
Post ID: @OP+1eKt1Rzp

11 replies (most recent on top)

Making the big $, I’m sure he’s doing just fine. :)

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Post ID: @7ylh+1eKt1Rzp

Not sure if he was pushed out and not sure he was happy about the move to CRS.....a year ago. Lets see where he ends up.

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Post ID: @7nve+1eKt1Rzp

They brought all of Retail Services into the Consumer Bank and out of Citi Holdings a few years ago. All the functions are being intermingled with the Consumer Bank - marketing, ops, IT, etc... Yes, Chubak is smart, but after just a year in role, makes you wonder if leaving is his choice or not.

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Post ID: @7qwm+1eKt1Rzp

You could be right about Retail services, CRS digital was recently brought into consumer digital, maybe select cards will be maintained, and the rest sold off?

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Post ID: @7hzm+1eKt1Rzp

my guess is they are thinking of spinning off Retail Services....David was the head of that division. Retail Services was also in Citi Holdings years ago so was slotted to be reviewed as an asset to get rid of.

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Post ID: @6drt+1eKt1Rzp

Pennies to the employees was due to the fact that the company gave always hundreds of millions to the wrong company and even more in fines. So the employees pay the price…not the upper echelon of course, they still get their huge slice of the pie for you know…..giving away hundreds of millions to the wrong company. Makes sense to me.

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Post ID: @3zzj+1eKt1Rzp

Is he the one that authorized pennies to employees after this kind of year where more was asked of us???

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Post ID: @2tnk+1eKt1Rzp

Who the heck is he? I think citi shall survive

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Post ID: @1kur+1eKt1Rzp

“ He’s not an id--t.”- - I agree he’s not but that leaves the question, what does he know that we don’t OR is it for truely a better position somewhere else. Is he leaving what he thinks is a sinking ship.

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Post ID: @1wxh+1eKt1Rzp

I highly doubt it has anything to do with the vaccine. He’s not an id--t.

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Post ID: @eij+1eKt1Rzp

Smart, not wanting to be associated to the jab.

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Post ID: @nnx+1eKt1Rzp

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