Thread regarding Citigroup Inc. / Citibank / Citi layoffs

If MD survives in the coming week. Does it mean my role is safe?

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| 4664 views | | 9 replies (last November 16, 2023) | Reply
Post ID: @OP+1pBREXC7

9 replies (most recent on top)

No one is safe... MD stays... doesn't mean subordinates are saved.

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Post ID: @1pzu+1pBREXC7

Are we sure about Mike though? I can't imagine him being let go out of all these people.

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Post ID: @1gsb+1pBREXC7

Rozycki is out? Is that a good thing or a bad thing?

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Post ID: @1btm+1pBREXC7

No one is “safe”

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Post ID: @yfz+1pBREXC7

MD Mike Rozycki is out, per the TX rumor mill. Heard that during two zooms today.

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Post ID: @bip+1pBREXC7

Waves of layoff from now until March 2024.

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Post ID: @sch+1pBREXC7

Nope.

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Post ID: @sye+1pBREXC7

I am not involved in anything so just going by my understanding from Jane’s townhall and the news articles. I would say “no”. The MD is safe but his/her organization might not make sense and/or needs tweaking to follow the new operating model.

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Post ID: @tsx+1pBREXC7

We can’t say that for sure. I heard that span of control will also be reduced to some max number.

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Post ID: @tqb+1pBREXC7

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