https://www.thelayoff.com/t/1kaqkpf2t
Internal movement rating
Citi should not block someone to move out when a 4 rating is intentional.
Volunteer severance question
I’d like to approach my manager and volunteer for the severance package. 1 pay period per year that is. Are they accepting volunteer layoffs at this time? How does one know if they are?
Manager
Hello relatively new to Citi,worked hard last year.. from last 3 months my manager is unnecessary escalating things (earlier he was ok) now another peer (gave multiple prod issues,bring the system down in production once) is getting promoted it... — read more
Performance purge is coming up
Heard there have to be 4s on the team. This might be the new strategy to get rid of some serious headcount without any severances. Track your work and have enough evidence to contest the 4s. If they want you out they want you out.
USPB Dismantling
USPB is no more. Decisions will be made over next 6 weeks how to align the former USPB functions (Analytics, Risk, COO, and Client Experience) into Cards and Wealth. There will undoubtedly be layoffs in 1Q26 for these groups impacted. I’m sure... — read more
Citi wants desperate people as a preference.
Overall, being let go may be a blessing in disguise. Citi does not want people who WANT to be here but rather people who NEED to be here. People need a job that goes without saying after all you gotta pay the bills. Citi though, wants people who... — read more
Anyone see the VOE results yet?
I have heard that it was about the same as last year. No faith in upper management, no clear direction etc…. Anyone see the results yet?
Leaving for a competitor?
If you resign and are going to a direct competitor, as a C15/16- does Citi generally make you work your notice period, or puts you on garden leave? Or does this vary case by case? Asking for a friend.
Question
If someone is on WARN period notice and accepts a new job within a week, do we have to say we accepted a new job to the current employer? Will the new job affect getting both or only one (the notice period payout or severance)? Also, let’s say I... — read more
Layoffs on Monday
it’s coming
How Long To Receive Severance Email
How long does it take to receive severance email and paperwork to sign? Some people are approaching the end of the 60 day non working notice but haven’t received the email
Rating performance review
Any idea when the discussion will start
purge to Compliance forthcoming?
Is there a major round of layoffs about to hit the compliance department? Dan Veale, the global head of surveillance was reassigned to a far less prestigious area of ICRM. Jennifer Taylor, the Chief Compliance Officer of a major unit, has not been... — read more
Citi to boost investment in India says Citi's Head of Banking - Viswas Raghavan
https://economictimes.indiatimes.com/industry/banking/finance/banking/citibank-to-boost-investment-in-india-as-firms-eye-global-expansion-viswas-raghavan/articleshow/124917840.cms
Did CTO announce layoffs are coming in today's all hands meeting?
In today's all hands meeting, the CTO pretty much said Citi will follow the lines of Amazon and Meta and will be laying off people. He didn't say specific numbers and exactly when but the message to me sounds like there will be layoffs coming.
Wellsfargo
https://www.thelayoff.com/wells-fargo-and
severance tellin the tale – no job losses comin in Q4
https://www.efinancialcareers.de/en/news/citi-s-severance-spending-suggests-it-won-t-be-cutting-jobs-in-q4
New CDGP in 2026
2026 CDGP - Continuous Delay of Growth and Prosperity 😊
growing uncertainty each day
poorly communicated layoffs have led to declining morale, many in my team are considering leaving
layoffs 2026
So, there’s kinda this talk goin’ around, yeah? Like, some rumours say layoffs might hit sooner than later — like early next year, 2026. Folks are sayin’ it’s comin’ quicker than expected, innit? Just something to keep an eye on, you know.
Ratted out by a colleague (HWW)
Yesterday I got called out for not working long enough at my assigned location by someone else who works there. They emailed my boss and told her that I am not respecting the "full intent" of the "How We Work" policy. Apparently I leave too soon... — read more
Is this what karma is?
Really! J become chairwoman.. so many laid off (some were so good resources),so many are still suffering under some id*t thanks to the reorg
Anyone laid off in Florida received their separation agreement?
Anyone laid off in Florida since Sept received their separation agreement? If previously laid off in Florida, when did you receive the agreement?
Heads up on year ends
HR did this the first year of Bora Bora and did it again. I'm not sure if this is for all departments but its definitely for mine. My manager showed the direct email from HR because of fear of the teams reactions and blaming him. all year ends were... — read more
question of benefits when picked for R.I.F?
I have a question over the benefits that Citigroup offers staff being laid off due to a Reduction In Force (RIF). I have heard that everyone keeps two weeks pay for each year that worked at Citigroup, but are there any other benefits offered as part... — read more
$25 million bonus excessive top analyst says
https://www.barrons.com/articles/citi-ceo-fraser-bonus-called-excessive-560ac41b Greed has no limits. Get rid of hardworking workers and make it hard for them to get roof over their head and food on the table while greedy executives splurge on... — read more
Citi Benefits- Medical plan
Noticed that Citi’s medical plan costs are rising significantly compared to other firms like Wells. For next year, the increase is around $380 per paycheck, which is substantial — even annual salary or bonus adjustments don’t seem to offset that jump — read more
Citi has its best quarter, Jane becomes Chairwoman, gets $25 million more, the staff get something too...
Layoffs in Q3, forced 4-ratings in Q4, more layoffs in Q1. I suppose they need to find that $25 million from somewhere. I can't wait to read Tim's next tone-deaf family saga. Maybe it will go like this. I was eating caviar in my mansion when my... — read more
CEO Becomes Chairman of Board
The last semblance of segregation of duties and independent oversight is gone. Not that Citi is the only one to do this. But well....
Another round before the end of the year
Any truth to these rumors? If the answer is yes, fu-k Citi. That's all.
Year End reviews/ Backfill freeze/ q1headcount ask
6% headcount reduction ask by end of q1 2026 acrossthe board. YE process used to identify along with freeze on any new backfill requests from November 1st and retirements.. Usual stuff combination of all
Administration Cancels C!t!bank Settlement for Discrimination Against Armenians
I'm going to post this for a 2nd time and see if it get's removed again. LMAO. I think I said the naughty words "Consent Order canceled" last time... — read more
Why aren't they backfilling roles?
Someone quits and months go by before they backfill the role, leaving the rest of us to drown in extra work. Do they think people can just do two jobs forever?
https://www.efinancialcareers.com/news/citi-s-severance-spending-suggests-it-won-t-be-cutting-jobs-in-q4
Just came across this article saying severance spending hints there won’t be job cuts in Q4. Curious if that’s really the case.
No net Citi Layoffs
HC is flat to Q2 at 229K . Excluding Banamex still have 9K to hit Bora Bora targets.
VOE 2025
Is anyone seen the results yet ?
$250 Billion Wired to Hedge Fund
Did Citi mistakenly wire $250 Billion to hedge fund last week?
Does code of conduct apply to senior management? Asking for a friend
I got a notification to do the code of conduct training. From memory one of the things included in this training is about treating people with respect. Am wondering if Jane directs and MDs have to take this training.