Thread regarding Citigroup Inc. / Citibank / Citi layoffs

7/29 layoff thread

Post here if you hear of layoffs today, or if you get the dreaded “catch-up” or whatever meeting on your calendar. Try to include location, org, etc. support each other and stay informed!


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| 18 views | | 81 replies (last 29 minutes ago) | Reply
Post ID: @OP+1kypzdrwc

81 replies (most recent on top)

@bd what is 388?

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Post ID: @bh+1kypzdrwc

Was let go today. 9 AM meeting with manager and his boss. Expecting email from HR.

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Post ID: @bg+1kypzdrwc

@az got my news today. 26 years. We don't mean sh-t when it comes to corporate greed.

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Post ID: @bf+1kypzdrwc

@aw The new wave is always today. PIN iT!

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Post ID: @be+1kypzdrwc

@b8 Not true. There was a useless guy in my group from 388 that was impacted today.

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Post ID: @bd+1kypzdrwc

Anyone from Canada Location? Are any layoffs happening in Canada ?

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Post ID: @bc+1kypzdrwc

@b2 Managers Control Assessment - its Operations Risk

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Post ID: @bb+1kypzdrwc

Irving, yes.
Irving, over 5 years for me. Tech.

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Post ID: @ba+1kypzdrwc

Was let go this morning. Irving MRD team.

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Post ID: @b9+1kypzdrwc

388 Today, none, nothing, even the people wanting to leave. I am disappointed and have to scale back on any remaining work contribution and ethic. Good luck to y'all in the flyover state sites and keep posting here on TheLayoff.com a great source of hope.

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Post ID: @b8+1kypzdrwc

Any news for Technology?

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Post ID: @b7+1kypzdrwc

I'm now the only US based person on my team 💀

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Post ID: @b6+1kypzdrwc

@an Ops, TM, ICM....any news. IRVING?

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Post ID: @b5+1kypzdrwc

@b3 good riddance

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Post ID: @b4+1kypzdrwc

@a3 This is the first thing I did when I was laid off back in february! I wanted to share my lay off story and let people know what’s going on in different orgs/departments. Community is important! If you don’t have anything nice or useful to say, don’t say it at all!

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Post ID: @b3+1kypzdrwc

@b1
MCA - is it part of marketing & content?

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Post ID: @b2+1kypzdrwc

Was let go today. USCC MCA team.

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Post ID: @b1+1kypzdrwc

@as correct as they are replacing them in costa rica. Those remaining will be training their eventual replacements. Not many US people will be left for MCA

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Post ID: @b0+1kypzdrwc

Let go after 15 years. Service means nothing.

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Post ID: @az+1kypzdrwc

@OP

The layoffs today appear to be wide spread. Multiple departments and multiple regions.

Clearly there is something going on. There must be a mandate from the very top to cut costs. I’m not sure if EMT will truly understand the resulting impact with cutting so many people in one day. There will be a fallout.

They are sitting on a lot of cash due to record profits and want to leverage this opportunity to trim the ranks. However, the folks being let go represent real work that was being done.

Now they’re gone …. ‼️

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Post ID: @ay+1kypzdrwc

Billing here. Canned after four years today. Cash and trade processing analyst was my job title

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Post ID: @ax+1kypzdrwc

@ar The next wave could be this September or October.

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Post ID: @aw+1kypzdrwc

Control Execution in Recovery/Collections took a huge hit. Both analyst level and direct supervisors. Myself and my entire team are gone. Many of my peers and their remaining team members also got hit in the business control world.

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Post ID: @av+1kypzdrwc

Managers Control Assessment (MCA) under USCC have 100+ impacts.

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Post ID: @as+1kypzdrwc

@OP Only today or we still have another wave?

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Post ID: @ar+1kypzdrwc

@ak Sorry to know that you got impacted. What is the last date you will be on Citi payroll.

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Post ID: @aq+1kypzdrwc

I am only hearing about Data teams being impacted (and across the US). Anywhere else?

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Post ID: @ap+1kypzdrwc

@ak Irving too, impacted.

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Post ID: @an+1kypzdrwc

Irving -I'm impacted had meeting 9 am 1-1 and they laid off . Anyone have 1-1 meeting they are done

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Post ID: @ak+1kypzdrwc

@aa locations? Line of business/function?

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Post ID: @ac+1kypzdrwc

@a7 they tend to do it early in the morning, so you’re probably good.

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Post ID: @ab+1kypzdrwc

Confirmed....bloodbath!!!!

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Post ID: @aa+1kypzdrwc
  1. No lay offs for Non-citizens.
  2. "New" contractors SOWs are getting approved in the high cost locations.
  3. Almost NO layoffs in India, Poland, Costa Rica and other low cost locations.
  4. More hiring in off shore locations: both employees and contractors.
  5. American dream??? Yes, just a dream!
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Post ID: @a9+1kypzdrwc

One of my colleagues was laid off 30 minutes ago, based in NYC. I am still processing the news. There's only ONE person left in my colleague's team. Unreal.

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Post ID: @a8+1kypzdrwc

If no meeting so far, it means I'm safe this round? Irving, Enterprise Risk team.

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Post ID: @a7+1kypzdrwc

@a3 it’s their choice. Most folks like to post somewhere and say it out loud if it happens to them. It’s a way of coming to terms with it. If not, they won’t. But others on their team might, or if you hear about other teams being impacted, then here’s a place to post it.

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Post ID: @a6+1kypzdrwc

For all the layoffs happening over the past few years, our area only saw the first cuts in May. This was for ICRM, when we had cuts across the globe. Only 4 in our Belfast site, 0 in London, 0 Nj.

Best of luck to anyone impacted, but these threads don't bear much without LOB / locations.

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Post ID: @a5+1kypzdrwc

got laid off in Jersey City NJ today

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Post ID: @a4+1kypzdrwc

I’m sure that if someone’s life is turned upside down today, that their first priority will be to come on here and give you all the details to make you feel better that you were spared. SMH

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Post ID: @a3+1kypzdrwc

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