Thread regarding Citigroup Inc. / Citibank / Citi layoffs

In our org the EMT-2 is all intact...

Looks like the peons are going to bear the brunt.. The fat cats will keep their jobs..

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| 1741 views | | 4 replies (last November 21, 2023) | Reply
Post ID: @OP+1pHh6WTq

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Post ID: @fyv+1pHh6WTq I was thinking the same exact thing

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Post ID: @nfl+1pHh6WTq

Do the math. 10% of 240,000 is 24,000 workers.

300 were cut last week at EMT-2 level. Next levels will take the bulk of cuts meaning lower employees at SVP, VP, AVP. Fat cats always protect each other.

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Post ID: @fyv+1pHh6WTq

Such misleading communication over the past two months.. Focussed so much on layers, management blah blah... looks like the ICs are going to get hit bad... realll bad.. but then ICs don't get paid enough.. is it the multiplication effect... but then even if multiplied it won't equate to what execs make.. Complete shitshow

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Post ID: @fgi+1pHh6WTq

That's always the case.

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Post ID: @tjk+1pHh6WTq

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