You’ll start off with a decent point or argument but when you start using “ $hittybank”, people stop paying attention. Especially when you start ranting. Plead your case, make it civil and you’ll get a better response or even higher + rating. — read more
Outsourcing
Are any jobs safe from being moved overseas?
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
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
Human Resources - considered the worst department in the company
The HR department is not there for the employees and is not reachable. Processes drag on unnecessarily, and no help is provided. It is inaccessible to external inquiries, and overall, it is considered the worst department in the company. They work in... — read more
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
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.
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/
Another awful End of year inbound
So with the word coming from the top it seems like another terrible January for compensation and promotions incoming
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
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
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.
My productivity is dipping due to layoff anxiety
I'm feeling like I'm going to self-prophesize myself into being cut due to this. I'd laugh if it wasn't sad and terrifying.
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
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
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?
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
Year End Reviews
Why? Why? Why? Year end reviews are pointless.
Who knows every thing they are at lower levels, who knows nothing they are higher levels.
its the problem of Citi, lower lever can not give directions and higher level dont know how to give direction. its a loop.
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
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.
Your loyalty should be to your dreams, not your company logo.
I recommend that ANYONE take Jane’s advice 100% and get off of the train to find a better job. When the job market heats up, and it will, polish up that resume and get to trolling the job boards. Nothing ventured, nothing gained. The stock market... — read more
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?
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
When is the next round?
Dont we still have close to 5k layoffs to go
Other companies experimenting with replacing HR with AI.
It seems that AI is being tested and vetted on a more simple level than just tech. It stands to reason, if AI can hammer out some seriously accurate code, surely it can be well suited to replace HR. Generating requested forms and paperwork... — read more
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