Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Reorg left me with workload for three people

I just hope I’ll be able to keep this lousy job until I find something else. I am actively looking. It doesn’t look good out there, but I’m determined to leave. I would accept even a lower pay, if in exchange I would work just my load. I need life... — read more 

Wealth unit sale

https://www.investmentnews.com/industry-news/news/wealth-unit-sale-an-option-for-citi-suggests-bofa-report-254278

Citi is Pre-historic

I was laid off and It took me 5 months to find a new job at another bank. After starting my new job Im not kidding when I say I cannot believe how behind Citi is when it comes to tech. Citi is severely behind and I see it now that I have another... — read more 

Salary range

We are currently interviewing to fill a role in NAM. I am based in Belfast. Salary we are interviewing for is more than 50% greater than my pay even tho it’s exact same role/title. Is this normal?

When is the next layoff?

I am simply just trying to survive in this company for another 6 months. Working here su-ks now though ngl, mismanagement and WLB have gone out the window

So its working out for them

https://seekingalpha.com/article/4697001-citigroup-bold-turnaround-efforts-paying-off-strong-eps-growth-expected

To those who are job hunting

Do not give up! I have spent 4 months applying to hundreds of jobs, interviewing, stressing... I finally landed an incredible opportunity at a competitor. It IS possible! Here are some things I learned in the process: Cold applying via LinkedIn... — read more 

Only ivy grads should be a leader

Citi’s problem is that there are not many ivy grads and those guys from overseas who have fishy diploma become a leader. Only ivy grads can save Citi.

Inspirational quotes comparison.

Steve Jobs: “Don’t let what you cannot do interfere with what you can do.” Warren Buffet: "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching... — read more 

By design

People are moaning and groaning about management being blind yada yada….. It’s not like they are blind, its more like its by design and do not care. Yes there’s been a paradigm shift to where there’s micromanaging, sporadic shifts in decisions... — read more 

Return to Office Terminations

Would Citi actually terminate people for not religiously following the return to office policy? There are a lot of teams that have a mix of some folks hybrid and others grandfathered in full time remote. Does not sound consistent. There are sites... — read more 

Citi Reputation

Since being laid off, I’ve taken some time off and now I’m actively seeking new job opportunities. A recruiter friend of mine mentioned that applicants with a background at Citi aren’t looked upon favorably in her organization, and warned me that... — read more 

Mandatory rotation policy for vendor consultants

How does mandatory rotation policy for vendor consultants for every one or two years work? This will avoid taking control of the entire project and also hiding the important data about the projects. This will also stop vendor favoritism.

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Post ID: @OP+1sKpEOay

Is Citi eliminating SVP title?

Most of SVP magically promoted to director last week, including some just demoted to I C. Is the goal eliminating SVP title? Otherwise they lost their mind!

Not shocked with what I observed at Citi

https://finance.yahoo.com/news/ex-citi-banker-says-she-225730781.html former managing director at Citigroup sued the bank and its chief operating officer on Wednesday, alleging she was fired for opposing what she said were attempts to give regulators... — read more 

Understanding the Flaws in the 6 to 8 Directs Rule

The implementation of the 6 to 8 directs rule appears to be fundamentally flawed, and it is imperative that the company considers the potential repercussions it may entail. Effective management cannot be achieved when constrained by arbitrary... — read more 

Fat finger error….

https://amp.cnn.com/cnn/2024/05/22/investing/citigroup-fine-stock-dump-fat-finger

Citi lawsuit

https://finance.yahoo.com/news/ex-citi-banker-says-she-225730781.html

Good fireside chat with Johnbull in Tampa

Much negativity here which I get but there was some good discussion on mentorship, communication (CITI needs a lot of work here), taking risks in your career and of course dealing with change amid chaos. Gave us reassurance that we are through with... — read more 

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Post ID: @OP+1sEakT09

Citi discrimination

https://www.msn.com/en-ph/money/companies/people-of-the-wrong-race-citi-hit-with-racial-discrimination-lawsuit-over-atm-fees/ar-BB1mJDMI

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Post ID: @OP+1sEdACuF

New manager

Re org gave me a new manager and she’s making my life he-l. She used to be peer. Asking status in every 2 hours. Micro management at its worst level. I’m the only one suffering I feel as I used to be peer. I’m understanding but not sure what to do — read more 

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