Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Not really “new” as there was already a press release, several in fact a few months ago.

I was asked to cast my vote as to which contractors to keep. It seem the wheels are in motion to let go a rather large chunk of contractors. A meeting was held to select who to go and who to keep. A time frame was not revealed.

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| 881 views | | 2 replies (last May 12, 2025) | Reply
Post ID: @OP+1jty02bfa

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Yes, many of our contractors were told in the last couple of weeks, many last days are this week.

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Post ID: @hh+1jty02bfa

This is the week I believe we will see a reduction in contingent staff. Some groups will be hit hard, some not at all. I don’t have a crystal ball, just a whole lot of ad hoc last minute MD meetings last week. It gives one a sense of something is churning.

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Post ID: @hg+1jty02bfa

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