Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Citi’s Severance Su-ks

I was just talking with an old peer who was impacted at Discover. She has been there three years. They gave her 7 months severance. My cousin was recently impacted at USAA. He was there for less than 2 years and was given 6 months severance. They also got warn notices and paid on top of the severance for the warn period. Citi gave me 3 months plus the warn period.

Citi is absolutely horrible. Do better, Citi! The job market is absolutely horrible. It is just going to get worse. Start taking care of the people that took care of you. You are turning huge profits and sc--wing your most valuable resources.


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| 54 views | | 4 replies (last 8 days ago) | Reply
Post ID: @OP+1m5jjmx1w

4 replies (most recent on top)

Was it Discover's severance plan in place? Sounds more like Citi. Their payout is 2 weeks per year. Note that is completed 12 months of service January through December. If your layoff date falls short say 2 months. Citi does not prorate for 10 months. That is a losa.

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Post ID: @23s+1m5jjmx1w

@dq this is not generous. It is sad compared to other banks.

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Post ID: @vw+1m5jjmx1w

@dq This stupid guy thinks Citi is generous. You all know who he is!

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Post ID: @kj+1m5jjmx1w

C actually gives VP and above minimum of 12 weeks regardless of tenure. Thats pretty generous. Not sure why they do that as normally you’d have to be there 6 years for that.

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Post ID: @dq+1m5jjmx1w

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