Anybody have any intel on this dept. based out of Miami?
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?
It's becoming pretty clear to me that the company's goal is to have some employees quit to save up on severance costs
Converting managers to IC, their whole change on year end reviews and grading scale and giving mostly everyone a 3 and how they're making it more difficult to get a 1 or 2. Low or no bonuses. Everything seems to be geared towards making some... — read more
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
Fifteen minutes with fraser
What’s this meeting about? 😳🤔
Can anyone share their experience to get redeployed?
Can anyone share their experience to get redeployed?
The last town hall meeting was the epitome of how Citi is truly ran.
Disorganized, poorly ran, made light of a bad situation, lots of “we think” ,”we hope”,”we believe”, stammering, vague and uncertain. There’s no one I know who watched it who walked away feeling good about it much less motivated. The statement of... — read more
Severance Check or Direct Deposit
Does anyone know if they direct deposit the severance or mail a check?
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
Overglamorization of long hours everyday without the reward, isn’t working.
The constant message of “times are tough, just continue to put in extra extra long hours everyday with no compensation of a large bonus or raise” is not working. No one feels this blind cult following loyalty of put in way more than 8 hours per day... — 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
Next round of layoffs in June.
Four hundred thirty across NY and NJ.
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
Lack of good leadership at Citi
Did Citi ever have worse leadership than we have now? I can't remember that we did, and I've been here a while.
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
Next Layoff Round
Any news for next round of Layoff?
With the noncompete gone, how will Citi keep people who want to leave?
This was a heavily used tool to keep people from aggressively searching elsewhere as their options were limited. https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes “Under the FTC’s new rule, existing... — read more
FTC votes to ban most noncompete agreements
Maybe this will happen. If approved, 120 days after approval it obliterates most non-compete agreements.
Business Analyst, QA, DevOps to move complete Offshore.
Business Analyst, QA, DevOps to move complete Offshore. If Your offshore counterpart is involved more than you beware you are on spot.
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.
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
Any thoughts on changes in Citi Poland ?
Hi, is there anyone here from Poland? How do you find changes in Warsaw office?
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.
MD's/D's/SVP's/VP's : Any one tried Double Dipping? or MoonLighting
I heard about Double dipping and moon lighting, that People in India , London and US who are citizens can parallely work for other company while working for Citi. How far this is true ? What are the possible ways for Citi to find out ? Can I start my... — read more
Anybody know if AVP, VP, and SVP ranks will be affected for IC?
Will those ranks continue to exist for individual contributors? Do they mean anything other than a pay range? Does it make sense for all the employees of a VP are also VPs but IC?
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..