Citigroup announced over one thousand job cuts. Meta also cut 1,500 jobs in its virtual reality division. However, little evidence suggests AI is displacing workers en masse. A recent analysis found the proportion of AI-disruptible jobs remained... — read more
What do we know about the upcoming layoffs?
Where do we believe or know where majority of the layoffs are going to be? Do you think it’s all transformation or more than that?
Belfast is on the hit list, several times this year from what I understand.
There is no safe haven for anyone regardless of region. We will see.
ICRM AML Layoffs
I can confirm AML in ICRM is in scope of layoffs in Tampa.
Layoffs soon
Real soon
Let the layoffs set the pace.
It’ll be hard as pressure will be applied under the guise of “meet the goal or else” but just put in 8 hours per day…..ONLY. Let the days of 50-60 hours per week be a thing in the past. Those of you who did work like that last year, what did you... — read more
Jane is from the McKinsey group before she hired on with Citi.
Here is a video that outlines her layoff plan during this skit. You can even see her picture on the wall at the beginning of the vid. If you listen really close you can even hear her voice. “Hey, that’s me….that’s me at the top.”... — read more
Next wave of layoffs?
Many Treasury colleagues were laid off yesterday. Does anyone know the next wave? specifically in treasury?
What to expect? Comp?
Citi is my first job at a large bank post-grad, so looking for some perspective. When I joined in August, I didn’t get a sign-on bonus but was offered a “target award” to be paid in February as long as I’m still employed through the end of this... — read more
Any anyoffs in the enterprise data office?
If so, which team within the EDO?
This seems more like extortion
We've all been working our behinds off, so what this latest "warning" sounds like is more "now you'll do even more hours and skip holidays and work weekends and you'll be happy about it or we'll fire you for poor performance." They want more free... — read more
Does the ISO Utility within Information Security, still exists?
Has remaining ISO utility employees been moved from US to Poland? Also, who is the MD or supervisor over ISO utility function?
There hasn’t been a word invented yet that describes how little Jane cares about employees.
She is laughing her @ss off every time she thinks about her 20 million $ raise last year and the 20 million $ the year before that, knowing that YOU are not getting a dime. All wrapped up in “the bar is raised, you guys need to step it up”. Rest... — read more
The bar is raised
https://www.businessinsider.com/citi-jane-fraser-memo-old-habits-performance-job-cuts-transformation-2026-1
Accomodation request
I requested temporary medical accommodation and received layoff notice in few days. Also no one responded to my medical accommodation Request, not even an acknowledgement. Is this driven by this?
Are layoffs done for the 1,000 that was reported externally pre-comp?
Heard internally 14th was layoffs - 15th comp day. What is everyone hearing?
From an Offshore location, Team Director told the whole team to be available for 1 hour tomorrow morning (15th)
Does this mean the whole team is getting fired? or is this just for some team structure change, no invite on calendar. Very anxious
Layoffs are considered a failure of management but you pay the price.
Its either bad direction that failed and\or improper forecasting. JF though plays by different rules. According to her….. . “We are not graded on effort. We are judged on our results,” she wrote, adding she expects “the last vestiges of old, bad... — read more
By site?
Do you think cuts will be determined more by site/location or function? Or both?
Tampa
Laid off. Anyone else in Tampa?
Notice period for voluntary separation (SVP)
I finally found something else. Took me 9-10 months. I don't remember what I signed in my contract in terms of notice period. Is 2 weeks enough for SVP or it has to be more?
Severance details
What's the pay at SVP level? 60 day notice + 10 or 12 weeks pay?Do they pay for any carry over vacation + accrued vacation for the year?
Comp day has arrived in APAC
Compensation calls are beginning in APAC region, good luck all
Whos been laidoff?
I'm hearing Boise Idaho, I'm in San Antonio but haven't heard of anyone here being affected it looks like SA was exempt this round but we have confirmed layoffs for SA in march
Any changes to the severance?
If people affected feel comfortable sharing.
Good luck to everyone
I hope those who want out get laid off, and those who badly need their jobs get to stay. May everyone get what they need. That's all.
Laid off today
Got the boot today, best thing every happened to me. Thank you Citi! They plan on canning everyone on Transformation projects. They said lay off are due to AI. What AI? All data exists in excel sheets and not even applications. Citi doesn't care to... — read more
Godspeed Boise
Just heard from a friend in fraud with a C05 position that they basically laid off everyone in Boise Idaho.
It just started guys...best of luck
TRM requests started going on....
does anyone know what department is being cut?
I'm in fraud analytics and a bunch of my coworkers got pulled in for a surprise meeting today, one I was not part of and I'm extremely anxious and on edge. Has anyone heard anything yet? There's nothing out here that will pay me the same as I make... — read more
Citi not paying promised severance - anyone else experiencing this?
I was laid off in November and still haven't received severance. It is difficult to get ahold of anyone in HR. Anyone else experiencing this?
Advice for those facing the new wave
I was let go last year along with 200+ people. I considered myself lucky cause at least we got an informal notice ahead of time and that allowed me time to make financial decisions. Last day of work was end of March, followed by 60 days of pay work... — read more
Worries and woes everywhere.
Everyone is on edge, wringing their hands hoping that all will be well in regards to their employment. Lots of naysayers out there. Lots off people who desperately try to sell that its not use to look for jobs elsewhere. Lots of people who try to... — read more
NYC WARN
Does anyone know the link to the NY/NYC WARN notices? I can find for 2025, but I see nothing posted for 2026 yet, whereas NJ already has listed... https://www.nj.gov/labor/assets/PDFs/WARN/2026_WARN_Notice_Archive.pdf
1K layoffs are being reported by the media too
They're happening this week. But do we know if all the cuts are US only?
After effects
Will I get "rewards" for going to HR for re-evaluation ? (Did not hear back from them)
Layoffs can be painful but:
I hate to see these layoffs but I recall the high flying days of 2002 - 2006. The stock price was >500 (adjusted for reverse stock split). Shareholders were hosed for years due to mismanagement at C. Jane is, I believe, doing what is necessary to... — read more