20,000 to be laid off. 7,000 were laid off this round. Leaves 13,000 to be laid off in the next two years. Says 5,000 will come off divesting businesses. That leaves 8,000 in the next two years. Roughly about 4,000 per year from technology and... — read more 

The fact that the acceptance rate at IIT is less than at Harvard does not mean IIT grads are better - because it only means that India has too few IITs per capita. But it does not tell anything regarding the difficulty of the entrance exam and/or the... — read more 

In burnout cultures, such as Citi, people are judged by the sacrifices they make. Hobbies, vacations and even family are viewed as distractions to penalize. I healthy cultures, people are judged by the commitments they keep. Interests outside of... — read more 

and left all these middle managers who have no clue what the employee duties actually entail. So while the idea of eliminating the layers of management wasn't really a bad one, the execution ended up leaving the clueless least innovative ones in... — read more 

Heard most of the US vendor contractors will be let go in few months. They will be replaced with Indian team members.

Recently reorged to a team with a strange dynamic. My superiors are all about hierarchy - recently been told to not directly engage with anyone from upper management without going through direct manager first. Yo Citi is weird. Been at a few banks... — read more 

Following their last day, did anyone get a talent redeployment email? Apparently it is a path to encourage us to reapply to open positions.

Do you know how senior is a senior vice president?

If you were told ur safe, go look in global directory to see if you have the letters “IUO” in your email domain. I am interested in hearing from people who were told that they were safe and yet now see these letters =|.

The entire org was run with 80% contractors from Indian It companies with a bad rep. Some were sitting on bench for an entire year but they weren’t let go. Instead hardworking FTEs were let go. Management is crazy and dragging the company to sh-t for... — read more 

Einstein: We can't solve today's problems with the mentality that created them. Bill Gates: “It's fine to celebrate success but it is more important to heed the lessons of failure." Steve Jobs: “Being the richest man in the cemetery doesn’t... — read more 

Its for this reason, under this current regime (Jane), Citi will fail. Its time to get rid of the antiquated thinking and political agendas. It’s time to level up on CEO quality and you’re not going to get that with the status quo. The talent... — read more 

Everyone in the team is looking for moving out. There are no clear directions and there are more expectations about upcoming budget cuts and job cuts. given such as instable environment. I would rather quit than struggling here. I’m just going to... — read more 

I spoke with friend of mine who got laid off, just asked if he is willing to come back or join another team. The answer is no he want to take this as best opportunity to move to another company. I think they are blessed. They are paid to search for... — read more 

I see lot of IC are leaving due to so called demotion and some of these people used to work as Product Owner. Sad reality of Citi now.

Citi retirement healthcare is way to expensive, government healthcare marketplace is the best deal that I can find. I have a 401k since I started Citi after pensions ended. I've read the Citi retirement guide completely and have one... — read more 

Something about this Org went wrong. Talkers got to the leader position but the new manager told me he does not care about I do but how he feels about me because shareholder never knew what is actually going on. What is going on in Citi?

Do citi care about the people who resolved problems? I see all talkers are promoted to managerial position in this reorg!

Has anyone heard any rumors about this? I’m wondering if Citi will do this or if they legally can. I just assume they’ll decrease the bonus instead of a pay decrease.

What were the signs you noticed that made you come to that conclusion and were you right?

Help, do they pay a reduced rate while on notice?

Someone on here several weeks ago claimed that if you went into Global Directory, you could tell that someone had been laid off if you looked at their email address and it said, "@iuo.citi.com" instead of just "@citi.com". Today, I noticed that... — read more 

and keeping them managing people and being in charge of the same function they used to manage. This is absurd. Then the managers that had less than 6 people are poaching people from wherever they can to keep their job even though the functions of... — read more 

My team dynamic has changed significantly. Everyone is quiet, there is no camaraderie, and a tangible feeling of people either not wanting to do or say the wrong thing, or if you do say or do the possibly wrong thing, everyone else is quiet to see... — read more 

Anybody else find this working (last date is April 12, 2024)/non-working period (last date with Citi is June 29, 2024) confusing? Severance won't be paid until June 29th? HR doesn't know if you can file for unemployment during your working and... — read more 

These big changes are supposedly effect 4/15. Aside from being told the name of my new manager and I that I am now an I.C. I have been told no specifics on what my new role and responsibilities will look like. Nobody knows anything when I ask... — read more 

We all survived 2 major layoffs as of now . Management will stabilize env for a while before next layoff. Now employees, managers will be under constant poll for deliverables. Each manager has to fight for his employees or his position will be... — read more 

https://www.citigroup.com/rcs/citigpa/storage/public/Citi-2024-proxy-statement.pdf

It is rather sad to even write this as it shows how little trust there is between my line manager and I. My manager wants to do a development plan and "help me to succeed" - it was one of the tasks in workday. Is it a trap? What shall I look out... — read more 

Or do they all have to be employees

There is a section that says: “The board of directors recommends that you vote AGAINST proposals 5-10.” Beneath that is proposal 8. Proposal 8: Stockholder proposal requesting to report to shareholders on risks created by the company’s diversity... — read more 

I started at Citi last year. They guaranteed my bonus for the first year. I remember hearing that I would have to give it back if I left within a year. Does anyone remember if the requirement was a year from hire date or a year from receiving the... — read more 

Can the CEO give me an exception to be a people manager even though I have three direct reports?

When do you receive the severance package $? Is it on the day after which non working notice period starts i.e. 15th April? Or is it after the notice period ends i.e. 29th June?

What happens to your Stock Grants when you leave ? Is there any one who got stock grant ? any "D" or "MD's" ?

Anyone tried to negotiate their redundancy package? what's the outcome?

IC here after they took away my team but they want me to manage them still. Insane request and beyond demoralizing and clueless of these incompetent politicians who continue to operate