Gremlins that instead of fostering an environment of positive growth in such a way that you WANT to be here and others from the outside WANT to be part of Citi……
You have gremlin MDs that rely on desperate people that NEED to be here. These are people who are easy to bully, manipulate and whip into servitude and long hours and sacrifice of personal time.
You can’t do that to those that are not desperate. I’ve seen quite a few already financially sound people on solid ground take a look around and “Yeah, no, this is not happening, there’s nothing here of any substance” and leave.
This in itself speaks volumes. The constant pumping out of notice after notice of “tough decisions” , “tough growth”, “hard messages”, “difficult changes” etc… is enough to deter anyone from hiring on to Citi. How do you draw in AND retain truly top talent from the outside given this environment. Sure, Citi can draw in the top talent but retaining them is another thing.