Well I guess that answers if layoffs will be slowing... https://www.bloomberg.com/news/articles/2025-01-15/citigroup-earmarks-600-million-in-severance-for-fresh-job-cuts

Are they happening yet?

Earnings: $1.34 a share, vs $1.22 expected Revenue: $19.58 billion, vs $19.49 billion expected Citi's net income was $2.86 billion from the quarter, an improvement from a net loss of $1.84 billion a year ago.

Thoughts? Seems to be not that bad and stock likes it.

The worst thing you could do is nothing. If you don’t like your group, then go to another group. If you can’t change your group, then skill up and become invaluable to your current group and manager. It gives you a better footing and you’ll find... — read more 

Hi, does anyone know what the severance looks like if I was to be laid off. New to the company so not sure.

I find it interesting they decided to cap 401k match at 12k. I know it only impacts high earners but I am wondering what is next. What else do they want to save money on? Our benefits already lack our peers. No pension and now a sh---y 401k =a... — read more 

An ex employee who is still friends with many higher ups warned me there are layoffs this Thursday. I don’t know the validity and am posting simply to see if anyone else has heard this rumor.

https://www.ft.com/content/eb633a7e-57aa-45ac-acad-ea520ba6de7b

Jpmc called people 5 days in office and scrutinize people down to the hour trying to make sure the hours in office match their expected time. Citi has a lot of structural issues with not very smart leaders but atleast Jane is empathetic of people... — read more 

I noticed it seems to be business as usual, its almost like being an employee in Citi is like being in a bubble, not noticing how the Stocks and regulatory fines are affecting Citi. Its almost like it never happened. Citi operates like its not having... — read more 

Starting it to check how do things look: I got mine (Risk): promotion + 15% increase + 25% bonus. No signals for imminent cuts. How are things on your end?

The Better Business Bureau gives Citi an F rating because it's received a high volume of customer complaints on the BBB website and it has failed to respond to many customer... — read more 

https://www.wsj.com/business/jpmorgan-chase-disables-employee-comments-after-return-to-office-backlash-19199a4a

From starting Monday (Jan 13), all of your direct manager will reach out to you for the discussion about the hike and bonus for 2025. Be Ready !!!!

Just food for thought as you get low balled on comps and re-leveled at a reduced salary. Enjoy.

Low ball you with compensation and bonus?

There is HOW (Leadership) WHAT ( Risk/Financial/Client) does it matter and does it do anything if I have 3/3/2/3 or is it still 3/3 ?

Usually a 2/2 but 3/3 this year. However, I had the best feedback from a manager ever. All praise. I know some say a 3/3 is not bad, but nothing in the feedback was negative. Oh well, not surprised. I try but people can tell this extended... — read more 

Is RTO now all days?

B10 officer roles. Thought hourly roles were remote? Did that change?

Go above and beyond your role to help others across business or silos, volunteer as a leader in an affinity group, receive accolades for innovation….. none matters when your boss says “i had to mark you down nothing i can do about it.” If you don’t... — read more 

Unless you have a quota and bring in revenue from sales, it does not matter. Go beyond your role and help others outside your business, develop great relationships that are effective and productive…. you will still get marked down because it is... — read more 

Do you not find it strange about lower rating, remaining quiet about any bonuses coming up. Being more strict about return to office. I remember managers reviewing attendance at the end of the year last year and had meeting with employees that were... — read more 

are people with a 4/3 and on a pip, eligible for internal mobility. I would imagine it would be hard if a hiring manager asks for a rating.. but curious as a matter of policy, is internal mobility allowed.

Any idea? What will be the no# this time.

For a segment about Chase they mention Citi extensively. I really hope we don't move this direction, but if we get a new CEO it will happen in short order. https://youtu.be/8vwEbP9nfuY?si=8gcNJcUo_K9IpNUo

Someone emailed me today and asked me a question. I'm over it!

I'm not there yet, but I'm surprised more people are not doing it. I'm wondering why.

All this talk about reduced salary and no bonus' this year, but has anyone actually seen their salary cut? Or gotten a 0% incentive that can speak out of their mouth instead of the ar-e?

Am tired of this cr-p

How’s Citi in Sioux Falls? Thinking of coming over.

The people in charge think holding steady means success. There's no plan, no vision, and no push for anything better. It’s just the same old story, day after day.

Are your managers MIA too? Mine manager has been barely around lately (and they were not out much for the holiday and usually working, emailing us all the time, IMs, etc no matter what. They've been kind of non-existent since they got their annual... — read more 

As Jane Fraser enters her fourth year as chief executive of Citigroup, the Wall Street analysts tracking her progress are telling investors that they have high hopes for the stock. Some bank analysts have named it their top pick, or among their... — read more 

I just watched a segment on CNN about how Trump wishes to ease up on banking regulation. They did not go too much into details as its all speculation until legislation is actually presented with proposals. There’s no telling as to how this will... — read more 

Another big one is coming?

https://www.reuters.com/business/finance/wells-fargo-names-citi-dominant-pick-predicts-stock-double-three-years-2025-01-03/