My colleague left Citi at the same salary but with a better piece of mind where he is at. He’s trying really hard to help bring me on board. I so hope that it happens. A lot of years we have “record revenue” and profits are high but we get measly... — read more
Is citi still cutting people?
Strongly considering jumping over since they announced RTO 5 days at chase bank.
Does Citi track badge in and badge out time while in the office?
Does Citi track badge in and badge out time while in the office?
Voluntary retirement options for employers
Citi soon announcing Voluntary retirement options for employers !
DEI Org
Any news on if Jane is going to hang onto the DEI Org structure? The DOJ's Civil Rights lawyers and regulators have been tasked with coming up with a list of targets for each economic sector and Citi seemed to have really leaned into this.
W-2 release date
Anyone know when W-2 tax forms will be released at Citi for 2024? In prior years it was always by January 15th or prior
Everyone say “hi” to the Citi employees assigned to check this site every few hours and report back to management what is being posted.
Hey there guys.
This is not doom and gloom folks, this is reality
I don't think some of you are getting the message. Citi does not want or care about your happiness. Contrary, they want you to leave. Employees are one of the largest expenses and cutting expenses lifts the stock. The ELT cares about themselves and... — read more
RSU payouts
What date to RSU shares get delivered into Computershare?
Regret
I left a smaller bank to join Citi for better pay and what I believed would be a stronger path to career growth. Calling this decision a regret would be a colossal understatement. For the past month, I’ve been trying to figure out how to get my old... — read more
Company culture.
I tried paying my mortgage and bills with company culture it did not work. I went in and told them “instead of a cash draft, I wish to pay my mortgage in company culture”. They asked me to explain so I told them that “Citi said I should be happy... — read more
Come on, guys. It could be a lot worse.
Enough of the doom and gloom. Things can be a lot worse. Let's stop the gloomy downcast thoughts. Sure, nothing is perfect and maybe it's going to get worse before it gets better. Just be grateful for what you do have right now and tell ourselves... — read more
Lowering employee morale
What a mess we are in? Employees are becoming less enthusiastic, engaged, and positive about their work, potentially due to factors like loss of job, unclear expectations from their managers and leaders. Jane and Tim need to bring back the enthusiasm... — read more
Why no payslip showing up in Workday when bonus payout is tomorrow?
Why no payslip showing up in Workday when bonus payout is tomorrow? Also, my bonus was down significantly from last year. Manager said our whole department basically got sh-t upon and given a small pool to work with. I did get a 2% merit increase... — read more
Is this a new way to get us to leave?
Are we now at the point where Citi will continue making cuts to benefits until enough people who have had enough are gone? It certainly seems cheaper to gradually thin out the workforce this way instead of spending money to lay everyone off. I truly... — read more
Tech and Services Management Changes
https://archive.fo/faeNy
Citi cuts back on 401k and BofA steps up their game
Su-ks for us. Citi just made cuts to retirement as BofA decided to give a nice retention bonus to their employees. Citi really has the worst benefits in the banking industry.
We could just get rid of the ELT
That would provide about the same savings as getting rid of 20k people and not much would be lost in value, as witnessed by the current state of the bank.
Layoff this week
Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by 2026. According to a new report from Bloomberg, Citigroup laid off several managing directors in its Wealth at Work unit this... — read more
You good people of the realm are a “cog”, you are not the whole machine.
Given this, make yourself an important “cog”, one for which if you were missing the machine would fail. Strategize yourself, skill up and become more valuable.
All you can do is be prepared
None of us know what tomorrow will bring. All we can be certain is that there'll be more layoffs, but we can only guess when. There's no point in stressing over it. Make sure you're prepared in case it happens the best you can, and then simply... — read more
demote SVPs who are in Tech and dont have basic knowledge of Tech, They just make politics to keep their positions.
Every where SVPs without basics, strange how they got promoted, is these promotions are based on age criteiria? these people are destroying with their politics, even they know resources have strong tech knowledge, they are keeping them behind screen... — read more
80/20
20:80 ratio at Citi got us now too many managerial layers, where we started seeing heavily bloated MD’s and D’s. Few years ago at Citi we hardly see few MD’s. Now whoever comes in here having the title MD’s. It’s just wasted and added weight to the... — read more
???????
Which line of business can we expect more layoff at 2025 ? CTI or Risk or ??
$hittybank guy is in rare form.
I check this site out a couple of times per week to see what’s the happenings. $hittybank guy seems to post hourly. Don’t get me wrong, Citi could be a whole lot better with such little effort and I’ll be the first to acknowledge that there are... — read more
I wonder how much disinformation is spread on this site by Citi mgmt or HR.
It’s funny when someone makes a post that just a little too on target with the truth. Some of the responses that follow sure seem like they come from mgmt. Often times its followed up with a host of different post of nonsensical stuff of no value... — read more
Are you happy with your comp?
Raise%, bonus%? How you did compare to your colleague?
The answer isn’t pulling back from the abyss but its designing a company that doesn’t get there in the first place.
This of course requires a leader with vision and foresight. So the question remains, do we have that now?
Poor Timing
I get it is never a good time to have layoffs but I find it to be poor taste to announce 12 billion in net income and then a few days later to lay people off. Did impacted people have compensation conversations yesterday and then told today well... — read more
Citigroup Cuts More Jobs
Managing directors in the wealth and the technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank's clients, according to the... — read more
Layoffs start this week
https://finance.yahoo.com/news/citigroup-axes-more-jobs-bloomberg-192003864.html
A bunch of children on this site.
You guys just don’t get it. All this bickering over layoffs, pay, comps etc… Its all stup!d. The bottom line is that the plan to punish everyone else but Jane for bad business decisions, is working. Its all unfolding exactly as it should. — read more
Shadman Zafar to "retire"
Co-CIO (USPB, Wealth, infra)
India Tech Promotion/Annual hike - Bonus
how much % for promotion, % for annual hike? bonus for folks in india tech team
Sorry to hear
Long-standing customer here sorry to hear about layoffs with city. They must be moving US jobs over to India because eight phone calls to the customer service line 8 different Indians that are on not understandable leads to no resolution of the... — read more