Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Outsourcing

Are any jobs safe from being moved overseas?

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| 580 views | | 7 replies (last November 13, 2024)
Post ID: @OP+1vrfKb4Y

Tired with this dirty politics

Guys can someone help me with internal movement process (looking for outside too,nothing able to crack) it's a sh-t I am stuck not sure how to come out

by
| 640 views | | 8 replies (last November 19, 2024)
Post ID: @OP+1vrJrA6s

Leveling yada….

The problem is not the level, its the pay scale. You have a developer and he’s/she’s top notch and deserves top notch pay. You have to make them an SVP at the upper end of the payscale to pay them what they are worth so that they don’t leave for... — read more 

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| 740 views | | 1 reply (November 13, 2024)
Post ID: @OP+1voPVPpz

Start a Union

To start the process, you must file an election petition with your local NLRB office. Along with the petition, you will need to show that at least 30% of the employees support your election petition, which is usually done with authorization cards or... — read more 

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| 580 views | | 3 replies (last November 12, 2024)
Post ID: @OP+1vmEHF6H

Layoff Staff Rehire

I am disgusted to see in some loc. such as EMEA, layoff staff rehired after couple of months in different position after having big fat checks.

by
| 750 views | | 6 replies (last November 8, 2024)
Post ID: @OP+1vmleUrf

Disgusting.

Once again, we’ll see the same ole, same ole, where Jane gets a significant bonus + raise and everyone else will get nothing. This coming up review rewards will be even worse if that’s even possible. The hammer has come down at a high level the... — read more 

Thoughts?

https://nypost.com/2024/10/31/business/ex-citi-bankers-urge-ceo-jane-fraser-to-claw-back-bonuses/

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| 1070 views | | 4 replies (last November 4, 2024)
Post ID: @OP+1vh7ZA94

PTO payout missing after layoff

Hoping someone can help. I was laid off in February and Citi still has not paid out my PTO/vacation days, about 10 days (8 from rollover and 2 from accrual). HR initially said that they days would be paid out with my last severance check in August... — read more 

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| 570 views | | 4 replies (last November 12, 2024)
Post ID: @OP+1vgSAfTS

Anybody take COBRA?

I believe COBRA is free for so many days (while you decide if you want it), unless you need it then you start paying. Is that correct? If you do take COBRA, can you stay on it until age 65 (Medicare)? Also, did anyone take Citi's COBRA or is... — read more 

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| 450 views | | 5 replies (last November 12, 2024)
Post ID: @OP+1vgTzCl7

Follow the rule

All this moaning and groaning, speculation and anxiety can all be dealt with by following one rule. “Care about the company, as much as the company cares about you.” Once you embrace this, the rest of it melts away.

by
| 410 views | | 1 reply (October 31, 2024)
Post ID: @OP+1vgyOr4A

Inspired.

I’ve been watching this site for a long time now. What I find informative are the posts that are heckled at as a half truth troll post and when you fast forward months maybe even longer and it unfolds as exactly as it was posted. Many of the... — read more 

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| 870 views | | 5 replies (last October 26, 2024)
Post ID: @OP+1vaCn6en

Expect more non-visa hirings in US , Canada and UK

All countries are setting for their reduction in immigration targets for upcoming years mainly till 2027 or 2028. This is to protect employment for residents and improve immigrant quality and only fresh talent in upcoming AI or new technologies. If... — read more 

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| 630 views | | 3 replies (last October 25, 2024)
Post ID: @OP+1v9yOmIH

Is every manager a pr*ck at citi?

Just got off an interview there, what a bunch of rude worthless people lmfaoo no wonder this company hasnt made any market value in 14 years.

Re-Org, Re-Org, Re-Org

Yet another re-org is under way and you may get a new manager starting in the new year, around feb. There are plans for moving people around and also layoff after current sham end year process. Most will be 3s or 4s to negated bonuses. Ratings... — read more 

Active %? Inactive %

Has anyone else been told that you’re subject to a new metric that records if you are working and at your desk for your whole shift?

Maybe Senator Warren is right and its time to break up Citi.

Maybe she has a point, Citi is too big to manage. Either Jane is doing the best she can but is out of her depth and can’t manage effectively OR she does know how to manage on an enterprise scale but Citi is just too huge. Thoughts?

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| 530 views | | 2 replies (last October 21, 2024)
Post ID: @OP+1v6OuXlF

The stupidest meeting

I attended a meeting where my multi skip level manager spoke. The question came up over salary increases or the lack thereof. They mentioned that its been brought up to the powers that be that we are not competitive in pay as a bank in comparison to... — read more 

Everyone is leaving

From another post. All of the heavy hitters I know from tech, to project managers and managers have all said the same thing. They’ve had far more than enough, they are…..DONE! True, they need a paycheck but not necessarily a paycheck here. They are... — read more 

“ the bank has been grappling with a shortage of skilled personnel, finding at times that it did not have the right training…”

Here is the link: https://www.msn.com/en-us/money/companies/a-key-to-citis-regulatory-woes-staff-need-skills-enhancement/ar-AA1siS6k?ocid=BingNewsVerp “ the bank has been grappling with a shortage of skilled personnel, finding at times that it did... — read more 

Celebrate? Yes? No?

Revenues grew by 3% and expenses decrease by 2%, I’m glad to see that but that’s expected given the reduction in staff. Laying off your staff and selling off slices of the company will do that. The true test of leadership is “can you get the same... — read more 

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| 640 views | | 2 replies (last October 16, 2024)
Post ID: @OP+1v0QH0kc

Is Internal mobility real?

Does Citi actually support internal mobility? I’ve never heard back from even lateral positions that need my exact skill set. I’m wondering if these positions are real or do they just post internally for rules sake.

Bonus / 401K Match Question

If I were to leave Citi the first week of January (i.e. I am still employed at year-end), will I still get my annual bonus and 401k match?

by
| 1490 views | | 9 replies (last October 21, 2024)
Post ID: @OP+1uXbgpcs

Venting

Another useless call. I wish we were treated like adults in this reorg process. This is not an audition for an Oscar movie so no need to act and give us the facts, share at least a "semblance" of a timetable for the end of the year, and that's it. We... — read more 

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| 980 views | | 5 replies (last November 13, 2024)
Post ID: @OP+1uW3Crhm

Citi monitoring this site, I hope so.

I really do hope that Citi is monitoring this site. I don’t believe it’d change anything but at least they’d realize that their employees are not stupid or blind. Being vocal and voicing your honest opinion comes down to money. If money (your... — read more 

New layoffs coming

I was told a new round of layoffs will take place before the end of the year. My friend in O&T mentioned that once the remainder of responsibilities gets transferred away her team will most likely be dismissed. No further info was provided but for... — read more 

Jane is a McKinsey alum.

Notice her picture on the wall. Worth watching to see what you’re getting. https://m.youtube.com/watch?v=4Cy0vYKI6_Y

Selective layoffs? Maybe.

Conversation witnessed and no, I’m not going to give the who or where. Think what you want, don’t really care. Management realized that the Bora Bora was not handled well. Too many of the wrong people were let go. Experienced tenured staff, staff... — read more 

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