Citi stock might go down further for next 2-3 years as Citi still struggles to rebuild itself. Better to Quit now when stocks are good and take your 401K to IRA's.

Citi's workforce has become dominated by employees with a computer science background, many of whom are supplied by vendors rather than being directly employed by the company. This has led to a lack of technical expertise as well as business acumen... — read more 

Very crafty indeed. Take care to note that the wording will be phrased to place any blame or praise solely on you. The examples given to me were along the lines of…. “In the direction the company is going, how do you rate YOUR contribution to the... — read more 

Layoffs are here. September, more will be let go and before end of year. Hearing September 13th would be a big day, some are experiencing layoffs this week as a precursor. Less packages and pips to go around for coming end of year performance review... — read more 

Quite a few insurance specialists got let go today in NY and CA. Managers reached out to them today.

Anything?

Laid off last year, took a long sabbatical, got my severance, then joined a new company with such a superior culture to C**i I feel so bad for those that stayed

July 2024: Also that Citi: - did not carry out a reasonable investigation - did not have reasonable grounds for believing the employee was guilty - demonstrated hostility towards the employee - did not carry out a reasonable investigation there... — read more 

at this point, it feels like me vs the overseas team. They run the show while I am their pawn to do tasks. I get worked assigned directly from them and not my manager. I work in silo due to the time zone difference. If I need to update them on my... — read more 

Since HR is so lame and useless, why not get rid of them? There’s cheaper outsourced companies as well as software that can do just as good if not better for a much cheaper price I’m sure. It may even better to use AI, why not. Whatever you chose... — read more 

Over the years I’ve heard different versions of the story of, several people leave one after another to another bank for more money and or opportunity. As we lose people, a higher up takes one of his directs for a ride and talk. They drive by the... — read more 

Because of the way they bring employees on from international offices and promote them quickly. There is no consistent culture or set of norms. Just employee competition and infighting. Eventually the brains drain and Citi is left with the... — read more 

https://www.bankingdive.com/news/citi-urges-court-to-dismiss-ex-employees-kathleen-martin-retaliation-lawsuit/720330/

I know there are requirements where we need,but for our case team is pretty old ,we used to deal with clients,why we need a full fledged BA team who are comparatively newer than developer. And these BA s are thinking themselves as parallel leads. I... — read more 

Question on 401k rollover- if you are leaving Citi do you rollover the amount to the new company or leave it until you get Citi match end of March 2025?

Great article from International Business Times (from this week)! https://www.ibtimes.com/repair-its-reputation-citibank-must-fix-its-culture-3740845 "Citigroup management needs to remember how the company became America's fourth-largest bank in the... — read more 

Some friends still there say alot of changes and same old buddy buddy system.

A toxic leader will use your ambition as a means to control and manipulate you. They dangle the carrot of promotions or raises to keep you working harder, even when no real opportunity exists. They set overly ambitious targets that are... — read more 

Does anybody know more about yesterday's layoffs in California? Is that an isolated incident or should the rest of us be worried about the continuation throughout the week?

Just remember it’s not a reflection on you. It’s purely tactical approach taken by leadership to cover up for poorly thought decisions to save severance costs and hire for solving regulatory issues. Your self worth, potential and talent does not... — read more 

Sept'2023 - Mar'2024 - 7000 Layoff Sept'2024 - Mar'2025 - 7000 Layoff Sept'2025 - Mar'2026 - 6000 layoff Banamex Sept'2024 to Dec 1, 2024 - Separation of 40K Staff from Citi Banamex to Banamex.

Didn’t have a good mid-year review? Even if you performed average or above, you might have received a bad rating. Well, look no further than the end-of-year review. Citi is being tricky—they might put you on a Performance Improvement Plan (PIP). No... — read more 

A rising tide raises all boats. Citi is lucky to be up again but it wont last long. The fundamentals aren't there to support growth in the stock. The bleeding will obviously continue and will likely never stop like at Wells Fargo, as management... — read more 

Is there any truth to September layoff rumors? I've seen it mentioned a few times, but no additional info was provided, so I'm skeptical about it.

Citi stock is on bad path again. Lots of managers, directors looking to jump the ship.

You dont know what tomorrow holds and cant plan anything ahead of time. There a chance you have to work on the weekend and only get a days notice or have a late meeting with oversea's team same night and only get a heads up near the end of your... — read more 

Remember all that talk about her amazing leadership capabilities?

There is a talk of downsizing Belfast site, and move those jobs to Hungary. Bottom line, if you're in Belfast site, you should be concerned. And if you're in the Hungary site, expect more hires and opportunities!

Citi again started hiring people in multiple locations. No more layoffs tension.

Is anyone job hunting at the moment? How is the finance and tech market? Please share your experiences and plans. Thank you very much.

When you have “on call”= too cheap to staff adequately. So Citi needs on call to save money to make it. Citi needs to provide small to none on bonus’s or raises to make it. Cheap all the way around except one area, Jane’s pay\bonus\stock payout for... — read more 

Citi Employees in EU are currently obligated to report most of stock transactions There is no such law in EU... EU law is much less restictive than US law and SEC, and Citi Global Policy.... , somehow limitiations are present only here RISK team... — read more 

We are living at Dark now. Sad !!

I have friends outside of Citi who are highly technical. They are already currently employed at fortune 100 companies and aren’t on any layoff list, even so, they keep their options open. I have submitted them for various positions at Citi over the... — read more 

Citibank files complaint civil action against Anthony Disanto https://trellis.law/case/42091/2024-03662/citibank-n-a-v-disanto-anthony

Citi: No comment. https://www.efinancialcareers.com/news/citi-stands-accused-of-attempting-to-implement-ai-on-the-back-of-excel-spreadsheets