The H1B visa program is designed to bring skilled workers to the U.S., but the hiring process for these workers needs to be streamlined for efficiency and integrity. Verify Authenticity of H1B Candidates: Companies should ensure that H1B... — read more
Ruin Careers
Citi, has a pattern of hiring people, keeping them for a while, and then letting them go eventually. When you first come on board, you hear all the buzzwords—talk about the company culture, how things are changing, and how your voice will be heard... — read more
More Layoff Coming
Upcoming weeks more layoff will kicks-in and target on high cost centers first. Be ready folks.
lies
citi lied to public about fte numbers those numbers are much higher than reported from active directory we have 231k
For my 2025 New Year wish is for the board to pay attention and realize that the “Jane more of the same” is not working.
Now the the “first female CEO etc…” excitement is over with and has lost its shine, may the board start looking at results. Are we better off now than we were two years ago? In comparison to our banking peers, have we grown as much in market share... — read more
US Time Off / Vacation Planned Holiday drastically reduced for 2025
Has anybody noticed that we are losing 12 days of PTO next year? It wasn't like i was using them all but we are getting far less than these past couple years,
Lower talent H1B visa holders to blame for Citi’s woes?
Not all of them of course but people are starting to do a deep dive and instead of being a program to lure the best and the brightest (those usually stay home) it’s instead displacing higher talent but significantly more expensive US based talent. ... — read more
A new low for Citigroup
I, a C14 and team lead, received a new Director and Managing Director last March as part of phase 4 of the Reorganization of Citigroup as my two direct managers were laid off. Last week, on Monday December 23rd, I approached my current Director to... — read more
Rating system? What's a good rating?
New to this whole "what, how" review rating system. I just had my year-end and I was given a 2/2 rating. Is that considered pretty good? Or is it just OK?
Plenty of banks are hiring
Yes, layoffs are happening everywhere, but there are also opportunities out there. Many banks are hiring, and if you’re skilled at what you do, there’s no need to lose hope. I wouldn’t be too worried about the future. You’ll likely be able to find... — read more
Bonuses and Merit Increases
Last year my bonus was 9.5% and my merit increase was around 2.5%. Do you all think I should expect less again or the same, assuming performance stays the same? I have a feeling everyone is getting 3s across the board this year, as decreed from on... — read more
2025: Upcoming Changes and Concerns
The company plans to expand its digital workforce with AI solutions, eliminate redundancies, and cut costs. Example: scanning Git repositories for duplicate code. There's also a push to reduce contractor dependencies and shift operations to low-cost... — read more
I'm praying to be laid off
That would be the best Christmas present. I can't believe I went from being stressed about layoffs 24/7 to not caring at all, or even worse, hoping I’m affected. There’s something fundamentally broken with this place if this is how some of us are... — read more
You are what you give your time to. So, choose your work carefully.
Has Citi taken care of their people or conducted themselves in a way that’d make you proud? Ask yourself, is Citi the type of company you want to work for? For some, they can’t see themselves working anywhere else. For others, they can’t wait to... — read more
Termination
Quick question for those who were let go or are in their separation process: Is the document below still good? Also, can anyone confirm, that PTO and Sick days are paid with the package; mentioned on page 49?... — read more
Either the MD’s don’t have the ability to hear themselves or are really clueless.
Past MD comments during TH meetings. “Well the good thing about laying off as many times as we have is that we’ve gotten better at it.” This is a crazy MD comment. Normal MD’s in other companies look at layoffs as a problem. They look at it... — read more
Fear-driven culture
Is anybody else tired of being incentivized by fear and nothing else? It's exhausting.
Overworked and going nuts
It has always been bad around here with the expectation to work long after the official office hours. But this past year has been horrendous. Workload remained the same, while there are significantly fewer people around. I don’t even want to think... — read more
Comparing Citi to another big company I worked at, there’s just one difference.
The other company I worked at, and no I’m not going to tell you the company name, was a large company although not as large as Citi. The politics was the same, the processes and procedures were a little different. There was also the same... — read more
Where can i find a list of new managing directors?
Just wanna know if anyone from tampa or aml made it.
The house that Jane built. Citi is a burnout culture.
At Citi you are judged by the sacrifices you make. Hobbies, vacations and even family time are viewed as distractions and reasons to penalize. This is the house that Jane built In healthy cultures people are judged by the commitments they keep... — read more
EAP
What does most of the managers at Citi are not supporting EAP?
Guys, just let it the freak go and move on to some other company. Seriously.
A bell curve or not and the ole HR soft shoe shuffle of, as having already been posted….“A bell curve that’s flexible, sometimes inverse but adjustable to be recurve if needed….blah….blah…blah….its all designed to confuse and frustrate you so you... — read more
Bell curve ranking
Why is everyone surprised by Citi using bell curve to rank employees? Bell curves are used in schools, universities and companies all over US - what's the fuss? The problem is not the curve - the problem is the number of promotions / pay rise buckets... — read more
7K down, 20K….MORE are left?
“So far in 2024, Citi’s employees have already had to cope with a workforce reduction of 7,000 employees; and over 20,000 further jobs are set to be cut by... — read more
‘We fought’ | Citigroup MDs question controversial approach to end-of-year performance reviews
Copy and pasted so formatting may be off: https://www.hrgrapevine.com/us/content/article/2024-12-19-citigroup-mds-question-controversial-approach-to-end-of-year-performance-reviews News Compensation, Benefits and Payroll ‘We fought’ | Citigroup MDs... — read more
The fastest way to ruin a project is to ignore the people it’s meant to help.
THIS is Jane’s regime. They ask for feedback, you give it, and if its something they don’t want to hear, they ignore it and you get labeled a naysayer. This mindset comes from the top and trickles on down. A plea for feedback is more of a call... — read more
Don’t be manipulated. Don’t be as weak minded as they expect you to be.
There was a TH in Belfast and the message delivered was that “Bora Bora is done, its over with. Congratulations, you made the cut. Now we will layoff a few here and there but Citi always layoff every year like that.” Don’t buy into it. Its a... — read more
To the poster who’s fond of name calling…..
There’s times where you have a valid argument but when you start the name calling and using phrases such as Dvmb, $hittybank, Fvck Up, etc…. you sound like an angry teenager and people just roll their eyes and think “oh, him again” and quit... — read more
Citi has yet to learn.
Citi always spends more money and investment on processes from consultants rather than technology. Citi has to learn that you need to do more than say “we are a tech company”. You have to actually buy the tech and train your people on the tech and... — read more
AI brings potential opportunities but are we ready ?
Still working with consultants, who are trained by the vendors, Citi employees spend most of time playing politics. The main fun lies in driving out new joiners and not adopting the change. To outside financial markets and technology markets we are... — read more
Jane has failed. I think Jane has done the best she can, I guess, but has failed nonetheless.
I think being a consultant for McKinsey gave her an overinflated sense of management skills. Sure, she can wedge in all the corp buzz words in a sentence but that doesn’t make you a leader and in all honesty, who cares. You can give the best... — read more
No VOE results conversation?
The numbers aren't too low, as I thought they would be.
why its not changing?
why most D/SVP dont even have basic knowledge? Now i see team leads want to secure their old buddies and fire new ones, who ever comes here for better future were targeted with politics and make sure they left asap, most of the leads are narrow... — read more
EOY Meetings & Ratings
Did anyone have an OK EOY review with their manager or was it just "Blah Blah Blah" again like mine? Lol. Did the majority of people get 3-Valued Contributor again or did you get what you think you deserve?
Mike Whitaker is CIO of BGC
https://www.prnewswire.com/news-releases/mike-whitaker-joins-bgc-group-as-global-chief-information-officer-and-member-of-executive-committee-302321175.html OMG. God help BCG. But then, God help companies that hire BCG ...