Thread regarding Citigroup Inc. / Citibank / Citi layoffs

CTI leadership is gone

Looks like all CTI directs are let go in favor of the existing ICG/PBWM directs in the Co-CIO org, except Chuan who moved into BA group. No favoritism there, lol. Not a very good look for the reorg from CTI perspective.

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| 6241 views | | 15 replies (last November 28, 2023) | Reply
Post ID: @OP+1pGhkzLc

15 replies (most recent on top)

Got zero out of Balaji’s town hall other than we wait again till January for next layer org structure. But “don’t worry about changes outside of your control”. Sure, he’s got his role cemented, the rest underneath have nothing solid to lean on. Oh where oh where has our leadership gone???

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Post ID: @8kao+1pGhkzLc

Yes, I saw it basically…..

“Things are happening….we have to look at various things…..growth is needed at the same time we need to trim down…open door policy….I need to figure things out….I have to look at stuff that’s yet to be defined…..”

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Post ID: @7vjx+1pGhkzLc

Did anyone get anything from the meeting with B which concluded just now?

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Post ID: @7bdw+1pGhkzLc

Chris, Suzanne, and Chaun all appear in other areas. It’s always been clear that Jim was moving on from CTI which would go into the CIO org. I guess the rest have been layered and we will have to wait to see which of them survive in TI under Balaji in the next round of the Citi Hunger Games

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Post ID: @lcm+1pGhkzLc

@nlx+1pGhkzLc, that’s the very first page, On the second page, the only direct report under him on CTO will be Chris Welland.
Chuan Li has moved to BA area. And, there is no presence of 10 MDs. May be some or all of them are rolled into Balaji Kumar

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Post ID: @ydz+1pGhkzLc

Balaji Kumar is the new lead.

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Post ID: @myg+1pGhkzLc

Says nothing. Just that Jim is at the top.

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Post ID: @nlx+1pGhkzLc

Seems like 10 out of 12 Jim Adam’s direct reports(All MDs) gone based on Whitaker’s new O&T org chart.

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Post ID: @xou+1pGhkzLc

This is getting crazy

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Post ID: @wbt+1pGhkzLc

Looks like Rozycki is laid off?

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Post ID: @dml+1pGhkzLc

This situation is quite chaotic, an absolute shitshow. Co-CIOs are appointing their own go-to guys to roles where they lack substantial experience. We expected a few, but this is just crazy. "The Bobs" are giving this 'streamlined restructuring' their best.

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Post ID: @gge+1pGhkzLc

This is just at tbose level. Soon probably as part of next layoff - a lot will be merged / streamlined - more layoffs

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Post ID: @dui+1pGhkzLc

Who do you mean CTI directs ? I am part of CTI.

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Post ID: @bgn+1pGhkzLc

Who is the current head of CTI ?

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Post ID: @qul+1pGhkzLc

They also kept both ICG and PBWM Production Management groups. How's that address redundant functions and "streamline" processes? They should have been merged.

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Post ID: @bwk+1pGhkzLc

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