Is there any portal to view the total headcount for permanent and contract staff as of present dated.
Why Do People Think HR Does Nothing? 🤔
HR often gets a bad reputation — many employees believe HR just pushes paperwork, enforces policies, and organizes events. But the reality is far from it! 👥 Talent Acquisition & Retention – Finding and keeping the right people is no easy task! 💼... — read more
Message to Jane.
Underpaying your employees doesn’t make you cost effective, it makes you short sighted. If you don’t pay your people what they are worth, someone else will. I think you’ll find when your best people leave, it’s not them. It’s you. — read more
new citi policy?
Is it standard practice at Citi for SVPs made as ICs to attempt to control all aspects of a project, requiring everything to go through them, and consequently delaying project delivery to retain control
Anyone here from the Technology COO? 😅
What do we think
When it comes to geopolitical unrest……
So is it a good idea to trim back in a geopolitical region that’s known for: a.) counterfeiting patents, trademarks, and intellectual property b.) hacking\back door\cyber exploits Is this a wise choice? If so, is it one we will make? Before... — read more
March layoffs?
Anyone been laid off this month? Someone said 3/3 but didn’t provide any other info.
Geopolitical unrest.
So with the current tariffs in place and even more to come especially with finance, what do we do with China and some of the other regions. Do we close up shop or do we still expand in those regions.
Citi Copy-Paste Error Almost Sent $6 Billion to Wealth Account
https://www.advisorhub.com/citi-copy-paste-error-almost-sent-6-billion-to-wealth-account/ Make sure to develop mandatory training around this and make those who don’t have anything to do with money at Citi take the training. — read more
Another Miss - Making a record here
https://www.advisorhub.com/citi-copy-paste-error-almost-sent-6-billion-to-wealth-account/
Citi Bank Dr-g Test?
I’ve seen a few articles talking about dr-g testing going away for most banks. Are they dr-g testing new and current hires at Citi?
Layoffs in Wealth
Anyone hear anything about layoffs in Wealth?
Tax calculations package
My coworker and I were informed we are being let go. We are trying to calculate how our package will look like after tax deductions also how many vacation days we will get pay. We have 15+ years of service each. We are in Florida so only federal... — read more
Numbers game.
There is a certain culture that duplicates work in order to fudge the numbers to look busier than they normally would. It has nothing to do with honesty or ethics. Ethics never comes into play. The way its looked at is that it must be allowed and... — read more
citiway
I have just received remuneration only 1000 times higher than in the contract, can they take it back? Can I run away?
Citigroup mistakenly credits customer account with $81 trillion in "near miss".
https://www.msn.com/en-ca/money/topstories/citigroup-mistakenly-credits-customer-account-with-81-trillion-in-near-miss-ft-reports/ar-AA1zY1Hu?ocid=BingNewsVerp The answer is easy. Do more with less. Have extremely aggressive deadlines but demand... — read more
Nothing more to say, really...
https://www.ft.com/content/9921925e-5a32-48cc-a3e3-3f77042477d2 You get what you pay for - risk is underpaid and the majority of people are mo--ns. My manager does not have a clue - I came from a proper shop and they still do not listen to my... — read more
Now that Citi layoffs are over…..
It’s fun to look at the other boards. Holy cow at JPM. Toxic as sh-t. Trolls running amock. Very entertaining in a train wreck type of manner. Makes me appreciate my sh---y bank even more.
Pointless Town Hall Meetings
Oh yippie! More Town Hall BS. How can these people even stand to do these meetings? I just let it play in the background. lol. Our AI is not as good as what they are making it out to be. It su-ks really compared to other companies. Additionally, when... — read more
The ONLY thing that Citi HR moves fast on is laying people off. It’s almost as if they look forward to it.
If you reach out to them for anything else at all, they act as if they’ve been so begrudgingly inconvenienced.Others have pretty much already echo’d the very strong across the board sentiment that HR at Citi is quite useless. HR at Citi does what we... — read more
Too complex Internal Mobility process why?
It months to say yes or no , even for candidates with in Citi , why system is too complex, this is one of the main reason Citi downfall. HR should act fast and push managers to give feedback and close.
A Request to Citi HR
Many consultant-hired employees lack proper education, and their work histories are often fabricated. Citi only reviews the past 5-6 years of experience, so a full employment history review is recommended. Additionally, please assess all DEI... — read more
Did Citi just announce end of DEI?
Did Citi just announce end of DEI?
Let me tell you something
Our CFO just sold Citi stocks, day after it was reported his compensation That means FED is going to cut rates Easy money over
AI taking over the corp world.
I’ve read a few articles from different authors stating that AI can be and will be easily trainable to take over the lower positions. The example they used is, believe it or not, HR. The HR formulas of thought are easy. If this happens, then fill... — read more
Reshuffling or Layoffs?
What's going on with risk and controls? Seems to be a lot of changes, reshuffling in Q1, and long periods of OOO? Probably due to data moving under Ash and his team. They are probably like WTF!
I can assure you Jane is laughing her @ss off.
33% pay hike for recovering from the downfall lackluster performance that she caused at the expense of your jobs (for those let go) and your own raises.
Brace for impact
It's the layoff season again at $#iti. My manager called me this morning to read out the standard script... We're sorry, it wasn't an easy decision and the same cr-p they keep saying about simplification. For anyone else who has been impacted, be... — read more
Over It!
JF gets a huge raise and others get barely cost of living. Managers/Directors/MDs are incompetent and say they want to hear what's going on and proposals for improvement then are non-responsive and nasty. People are just down right RUDE a$$holes... — read more
All of these attacks on Jane, yet
When you see her on townhall meetings, or in the lobby or elevator, everyone is smiling and happy to be in her "glory presence ". Such phoniness!
Citi Sites Reduction News
By 2027 end, Citi planning to reduce no# of sites from 250 to 200 or lesser.
“Meeting expectations” gets Jane a 33% pay raise. You, however don’t get the same.
The playing field has always been slanted in favor of the upper echelon, this however is ridiculous.
Flat Compensation Year
It is super frustrating having to tell my team that compensation was flat this year but our CEO received a crazy big raise.
THERE IT IS….as predicted in this parody of McKinsey which is Jane’s roots. 33% increase in pay for her.
https://www.thelayoff.com/t/1vXqD3Xl Notice Jane Fraser’s picture on the wall. Then notice the breakdown later on of the pay. “Laying off people at the bottom of the company and giving tha money to those at the top.” “Hey, that’s me, that’s me at... — read more
Citi Lifts CEO Jane Fraser’s Pay by a Third to $34.5 Million
Citigroup Inc. lifted Chief Executive Officer Jane Fraser’s total compensation to $34.5 million for 2024 — up a third from the previous year — as she continues to drive a plan for higher returns at the Wall Street bank. Fraser’s pay, the vast... — read more
Inefficient processes
Please comment here about specifc processes/departments that are inefficient. I've noticed that the end-to-end project delivery life cycle is wrought with duplication and lack of clear process ownership. I'm wondering what other processes are... — read more
JPMorgan CEO Jamie Dimon is facing an internal revolt- - -RTO policy is not going over too well
https://m.economictimes.com/news/international/us/jpmorgan-ceo-jamie-dimon-is-facing-an-internal-revolt-heres-the-main-reason-for-it-and-what-workers-are-planning-to-do/articleshow/117311704.cms
Too Outdated
Citi employees , managers (SVP's , D's and MD's) in Tech divisions are too outdated. They spend more time in politics rather than spawning new projects and providing technical leadership and guidance. I personally think SVP role can be completely... — read more
Trump to become more restrictive on offshoring?
They keep mentioning it in the news that the commander in chief is casting his eyes over becoming more restrictive on offshoring hires. Now what ‘more restrictive’ means, I have no idea. I mean what could he possibly do? What options does he have... — read more