I’m lucky to survive in this round. I feel so sorry for whoever got laid off but I am curious what’s the next one. Any source?
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That five hundred million dollars becomes released on october the first , and that is , for severances. Jane gives her third quarter speech on october the thirteenth. I think they're go continue with the rolling layoffs. So as not to catch attention. If you notice on wednesday , when they did the layoffs , they came out with some nice positive stories in the news about citibank. Yeah , it looks to me like the rolling layoffs are going to continue at least through 2027. closed up our building about 10 years ago. At that time, we had over 1200 employees. Now we have less than two hundred. Our jobs are frozen, our o m's and our u m's are gone. They are now out of places like jacksonville , where they have an actual building a hub. They have about 7 places like this that have buildings that they are slowly closing out.The buildings are no longer there , but we are telemarketers. Because we're not fifty miles from a building , we're not allowed to apply for jobs , we 're not allowed to move and go get a job in one of the areas where they have buildings. We're being given the squeeze , and it's only a matter of time before our jobs are eliminated. We are mostly what is called back room work. We don't deal with the customer a whole lot. These are the types of jobs that automation is taking over. Citigroup Hagerstown MD
@da Devin, Offshore and contractors will replace American developers.
They've already set a lay off budget for 2027 with more layoffs coming. Heard this directly from a Senior Leader who has a heart and told me what's coming so I can be prepared.
@b1
Is BIR Banking and International Risk ?
@a1 this jives with what I was told in BIR
They need to layoff before the end of the month to avoid paying out bonuses. I am thinking the next two weeks will be brutal. Good luck all. I got the boot this week. C15 role
5 day rto
Everyday! until you either die with anxiety attacks or laid off 😱
@a1 IS Data or Transformation also slated for 9/30?
Supposedly, Risk will have a round of layoffs on 9/30/2026 and no layoffs will happen in 2026 Q4. They will start again in 2027 Q1, and AI will be the justification for the new round of layoffs post "Tora Bora".