There's a storm coming, MDs and Ds. You and your friends better fatten your HYSA, because when layoffs hit in March, you're all gonna wonder how you ever thought you could live so large and leave so little for the rest of us C13-C10.
Eleanor D's org chart is insane
Literally, 400-500 people report into her/her directs. Some of her direct D's have 40-50 people by themselves. What exactly is she delivering for Citi? DCRM? That's a joke - the data concerns are not resolved by her team. Her data concern team, led... — read more
Garbage Bank, Even Worse Culture
Been here for long enough to know that Jane is a zero with shoes. She's ineffective but somehow or another got the Chairmanship last year. I guess you can say it's the age old concept of "F up, Move up?" Meanwhile 15,000 people are gonna lose their... — read more
When will bonuses get paid out?
Any one know the date? I think could be this week.
Locations
Which locations/sites in North America give you the best chance of avoiding RIF?
I'm a bit confused
Is the latest round over or is it just getting started? With no officials numbers on how many were cut so far, it's hard to tell.
401k withdrawals during layoff uncertainty
Do you think it is best to stop 401k withdrawal with the layoff uncertainty?
They know months in advance who is going.
Do not think for one moment your manager is taken off guard at the last minute. I would say they and h/r know within 2-3 months ahead of us finding out.
Ok now this is funny.
There’s articles out there now that mentions future layoffs at Citi if you can imagine that but the twist on it is that it mentions focusing on MD and directors as the target. The funny part is that before these articles this board was littered... — read more
Citi moving jobs overseas
They are laying off everyone in the United States and hiring in all these hubs in Costa Rica, Manila, Mumbai, Warsaw. They are paying the workers for cheap labor. Thats how they are planning to cut expenses yet they are racking in millions by... — read more
Interesting Point
Citi’s stated goal of reducing headcount from roughly 240,000 in 2022 to about 180,000 by 2026 cannot be reconciled with the headline figure of ~20,000 layoffs. Even allowing for normal attrition and divestitures, the numbers imply that a far larger... — read more
Another Layoff Article on Citi
Citigroup Plans March Layoffs for Senior Staff https://www.benzinga.com/markets/large-cap/26/01/50108593/citigroup-plans-fresh-march-layoffs-targeting-senior-roles Citigroup is preparing for another round of employee layoffs expected in March... — read more
50 odd SVP's promoted to Dir's in the Enterprise Data Office?
Amidst layoff's? LOL. Given the number of D promotions, did I somehow miss the closing of the data articles within the consent order? Some of the names on the promotion list to D...laughable. Zedro knowledge of anything even remotely related to data... — read more
Layoff… who?
heard TX, ID, and Kansas City had layoffs… what department? team? always hearing through the grapevine. who is next? where is next? why can we never find this out?
More and More
https://uk.finance.yahoo.com/news/citigroup-extends-global-workforce-reductions-170010907.html
I wonder when will it be enough
I guess they 're hoping all of us will be willing to do jobs of three to four people to keep this place running. I really hope we prove them wrong.
Just in…..
https://www.reuters.com/world/citigroup-lay-off-more-employees-march-sources-say-2026-01-23/
comp discussions
has everyone had comp discussions already what is the deadline for managers to inform
Why wont they just tell us anything?
They never give us a heads up about stuff like layoffs. It just happens. How are we supposed to plan our lives? Keeping us clueless just makes everyone angry and scared.
Not related to layoffs
https://www.cnn.com/2026/01/22/business/jpmorgan-chase-trump-lawsuit-debanking So he and his son is friends with Citibank :-)
London consultation forum
Anyone hear about this?
TAMPA LAYOFFS
AML Tampa, are we seeing layoffs?? Hearing mixed things.
Always 3/3 last 3 yrs
Last 3 yrs 3/3 , same bonus same increament 1.5%.doesnt even meet inflation. More commute , different managers to adopt, constant priority changes. I dont understand what else to do to lift to 2 rating.
Its embarrassing.
The constant re-org and shuffling around, several times a year for two years now. It’s a true reflection of the leadership direction that we have to work under.
Younger vs Older
So Citi wants to run off the older generation but the younger generation (mine) has no desire to work in a culture like this. The younger generation’s personal time off is not something they are willing to sacrifice for the good of Citi’s profits. ... — read more
Work toward the go F’ yourself goal.
No matter where you work, you should work toward accumulating a financial base to where you can tell anyone that they can go “F’ yourself”. This takes time, a lifetime in some cases but it can be done. Don’t spend your raises or bonus’s and... — read more
One one to sum up Citi
Michael Jackson- they don't really care about us This sums up citi and all the posts regarding this. Act accordingly, decline work without training, refuse to chime in for other people's role( you will be graded for their work while they skate... — read more
Anybody have the actual numbers left to layoff?
I remember when this first started ppl had very specific number counts. I guess we are at 9,000 left to lay off for 2026. Can anyone give an insight as to how many of those 9,000 left will come out of divestures and how many will come out of actual... — read more
It’s HR that needs to be let go.
If AI and automation can’t handle the HR load that Citi has, then forget about it being able to handle things of more complexity. Seriously, the HR paper shuffle is about as low hanging fruit as you can get when it comes to a comparison of job... — read more
was there any job cuts in Citi Wealth London last week?
Do you expect any private banker layoff in Feb/March 2026 in London?
Is Risk is safe now?
Didn't hear about any cut in Jan and also given that had huge cut in 2025
If you were RIF’d, what was your year end rating?
Based on Jane’s recent announcement that the bar will be raised and “we will not be graded on effort”, will Citi be taking a Goldman approaching and simply cutting the lowest performers? It’s hard to believe that memo can be released and still let... — read more
Return period
If RIF how long do you have to wait to accept another role there to avoid loosing the severance payout? RIF in Dec and some networking in other teams and want to bring me back ..
I agree with Jane, just change out the old guard and get rid of the ‘old ways’ of doing things.
I’m on board with that, bring in the new blood with innovation and forward thinking. Bring in the visionaries. This includes Jane. She’s old guard, right? The Citi vision needs to be more than ‘wait and see what the other banks are doing, then play... — read more
Feel insulted !
Have been working for Citi 25 years. Managed to be spared from all the lay off waves in the past, because I was always at the lower end of the pay-scale. 2025 was one of my most productive years with managing 3 projects on top of my BAU work by... — read more
Easy question
New employyes get how many pto days and sick days??? And what federal holidays do you get off? Much appreciated!
Citi contributes to mental illness for employees
Citi should be the last company to discuss or bring awareness to mental illness. For the past 3 years employees have been on the edge seeing fellow coworkers especially within the United States get impacted and their jobs being outsourced overseas... — read more