Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Did anyone got Severance ?

To January goers, did anyone received your Severance agreement Severance payment ? Seems Citi is forfeiting on Severance.

Citi Annual Review Ratings

Does anyone know if Citi is adapting an approach used by some companies of firing employees with the lowest ratings in the annual review process?

15's...

Message was completely lost on me because all I heard was her sniffing and swallowing. Also, not a great public speaker...

I thought it was a bogus post but apparently not so.

This is going to read rather lame but I truly can’t think of a way to be specific without jeopardizing the “who”. I read a post that claimed that HR was pressuring managers to place bogus or exaggerated infractions or perceived infractions in... — read more 

Citi, Why you need H1B ?

We know Citi is promoting project movement to India. We have expert MD and D to manage large portfolio. Why we need H1b developers and leads sitting idle in USA ?move them completely to India. You can make good productivity with less cost. Instead of... — read more 

Converting to IC seems make sense.

Some people don’t do any work just passing orders and they want their team to do work, so that they can showcase. Now most of these leads became IC , now it’s their time to work on ground and show their skills. But still there are some leads they... — read more 

No one wants to join Citi

I was talking to few friends from JPM, BNY in a weekend party. Everyone was aware of what’s happening in Citi. No one even wants to apply for a position for near future. The only people Citi can hire is laidoff Tesla guys

Shifting dynamic.

Companies are now veering away from the preferred hiring of ivy league college graduates mainly due to the risk that if hired, they’d protest at the drop of a hat over any perceived injustice. For the past 4 years its become en vogue to spin up a... — read more 

Unfairly laid off?

Hearing that people were rated against jobs they didn’t do, performance criteria they knew nothing about, different grades rated against same performance criteria (e.g AVP v VP) for same job,, rated negatively for something when rated positively for... — read more 

No Layoff for next 6-8 months

No Layoff for next 6-8 months. Citi needs stabilization and need to accumulate money for next Severance pay. What I heard is more work pressure and micro-management to happen for deliverables. They will pressure you so much that you leave on your... — read more 

Laid Off

6 years ago I left my previous job to join Citi thinking Citi was a top company who valued its employees. I now find myself unemployed in the worst job market. Ive contacted my previous employer and they are not hiring but my co-workers who I left... — read more 

Stop Vendor Consultant Hiring

I firmly feel that Citi's culture has worsened due to vendor's and vendor consultant's. Recruiting vendor consultants increases the level of vendor politics within the organization. We perceive prejudice in how work is assigned, acknowledged, and... — read more 

Worst management ever.

So the leadership got us into a downward spiral and had no idea how to get out of it. They hired outside consultants to tell them what to do as they didn’t have a clue. The situation was so lost that the figured the only answer is to lay people off. ... — read more 

It's pointless

We lost most of the best people on our team and that's become more than obvious in the past weeks. It makes me wonder, why in the world should I try hard and do most of the work myself now that all that's left of our team are people who either can’t... — read more 

When will nervous management look better?

When will nervous management may look confident ? Forget leadership , basic project management skill is not evident by the management , they are only looking for some cool flashy ppt and no idea what value outcome they need.

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Sinking Ship!!

Curious is the ship still sinking or are investors pumping in money to keep it afloat? Thought the smarties said the firm was no longer profitable, yet it is.. so confused.

Fraudulent job openings

I love how HR is allowing jobs to get posted even though the hiring manager has already identified a candidate. A great way to waste everyone’s time!

Separation Package in Canada

Hi, Anyone from Canada received the separation package document from Citi during their non working period? Its been a week of non working notice period but I haven't received any communication from Citi.

Promotion opportunities

Only reason i work at citi is because quality of people here is low and that opens door to faster promotion to people like me who graduated from ivy schools. i am in technology and recently graduated. i have no doubt i become a MD in five years.

SVPs

I am a MD. Why can’t some SVPs give up their employees gracefully for Ds and MDs to manage? SVPs are not that senior to manage people and should focus on being a hardworking individual contributor. They will have their chance when they become Ds and... — read more 

consultants hold upper hand than employees

Is there any way to reduce vendor favoritism. My manager seems joined citi from Xyz company and favors xyz consultants than employees. Did anyone faced this earlier? I am new to Citi and just under 1 year. I doubt if I can report my manager.

Do you feel like you are in Circus?

Hi , I feel like after re-org actually the least professional people managed to benefit from the changes and now we are all in a circus with clown management showing their seniors they are making something of a value. I really hoped this reorg... — read more 

For those SVP’s who are now IC’s

Do you see it as a demotion or as a positive? My boss is a new IC and in radio fashion he’s moved on. Can’t even see his calendar any more. Dont think he’s particularly upset though..

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