Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Jane’s email - so next cycle of layoffs in Jan’24?

Did I understand it correctly? Is the next cycle of layoffs happening in Jan’24, per Jane’s email? So that means no layoffs in Dec?

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| 2161 views | | 3 replies (last November 20, 2023) | Reply
Post ID: @OP+1pGJHvtN

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Correct. I think I saw I saw "early 1Q" for my division, so I take that to mean mid/late January. Even more chaos and so-called transformation coming. Yippie.

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Post ID: @uzy+1pGJHvtN

This is reducing management layer, so based on the new org chart some people or even team already gone
With the updated org reporting structure, new target ## or budget $$ will be cascade down, then next round for lower staff

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Post ID: @xnw+1pGJHvtN

That’s what I understood also.

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Post ID: @cak+1pGJHvtN

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