SVP roles in my part of Risk are being eliminated. Many 1 on 1 conversations with people, they are being offered demotion or leave.

Office communication today in Poland, 485 to be laid off out of 7,000 total. 1:1 or group reorg update meeting scheduled for most of employees today.

Does anyone else find the way role changes were communicated as lacking in empathy? Meeting set up by new managers, with old manager as optional. Not being informed until the meeting that your directs would be reporting elsewhere. Your directs being... — read more 

Just an observation, everyone that works at Citi claims that they're an SME. Business analysts understand Microsoft PowerPoint, not economics; developers understand copy/paste code from stack overflow; metrics owners need tech assistance for... — read more 

Managing Through Fear and Uncertainty Managers at Citigroup have begun to experience the latter. Last January, CEO Jane Fraser announced that the company will cut 20,000 jobs by 2026. Many employees don’t yet know if they will be affected. In some... — read more 

Is it only 2 weeks WARN period now?

I heard O'Fallon got hit hard.

other banks in wall street typically offer 2-3 weeks of salary for each year of service plus new york mandated 3-month notice period. so if you have been working for a bank for 7 years, you are usually entitled to receive 20 weeks salary plus 3... — read more 

Was this timing truly necessary? They had to do layoffs so close to Easter? Why? A few weeks before or after would have worked just as well, you can't convince me otherwise. This seems like an unnecessarily cruel and/or callous move by the... — read more 

What does that mean? Missing members are going to be redeployed/cut?

That would save a ton of money.

Roses are red, violets are blue Who will be next? I bet on you As we all wait for news I woudl like to invite for your poems nothing offencive, just to laugh

Half of the week in and still no communication regarding this "layoff"... How can someone work like this, lol?

I got cut today (Tuesday 3/26). My long-standing manager went through a formal script with me. After spending 8 months training a new resource, I was informed that my role was being eliminated (oh, what a word). I had a ton of work on my plate, there... — read more 

If you have been laid off, have they offered a proper severance package or are curtailing it?

https://twitter.com/TheLayoff/status/1772526478296821940

Is it as bad as yesterday? I have a feeling it's a much lighter day, but I could be wrong.

As was reiterated in eFinancialCareers today, it is likely that most of the layoffs are yet to come. This will be a protracted process for the next 7 quarters. So the "closure" we get this week is only worth so much. I think we have to get used to... — read more 

It seems many departments are shifting people managers to IC's and then their director reports along with them are now all reporting to the same c13. Now the c13 has people in 3 to 4 different ranks between exempt and non-exempt. Are the ranks... — read more 

Got very little sleep last night stressed about a 1-1 scheduled. Turns out there were other participants, hidden and for all of us it was an org change. While the new role might not be what you signed up for, it’s better than a layoff

Those guys provide no value to the company at all. From them you get either no answer, busted links, a link to the FAQ which is filled with guess what…more busted links and eventually the HR chatbot. If that’s as good as its going to get you... — read more 

If any AVPs have been laid off, please share. Have you heard anything about the AVP role being eliminated company wide?

I find it very interesting that many people who are getting laid off are older workers. Many of these people have been at citi for 20+ years. Citi is purposefully losing decades worth of institutional knowledge. This place is too process heavy. It's... — read more 

What should we make of this? Anyone laid off and it was not a 15 min call slot?

Lots of recent (2-3 years ) hires targeted. Saving Severance.

After laying off a lot of breadwinner this week, she will hold up high her wine glass to toast and tell some jokes.

Been nice being employed, I guess. To those layed off so far, what was your meeting invite name? Not even going to be hopeful, I know I'm being laid off, but I'm curious how it happened for others.

All India - High level SVP's and Directors are major targets

Has anyone been told they will be moving from individual contributor to people manager but no clarity on c level move or compensation?

Take it with a smile. And continue your life. But...if you don't like your boss and have no plans to ever reapply again, and it would justified to give bird with a smile.. But go in peace.

A 15 min meeting was scheduled with my team, AVP, VP and SVP. We are a relatively small team, would they cut us all at the same time or is that held individually?

Meetings were scheduled. Any insight into what was communicated?

Was anyone on PIPs notified of layoffs?

As an SME I would like to express to all that has recieved that oportunity Severance ++ Possible the longest holidays in a life ++ Forget about problems mindset ++ We have to stay and maintain Happy for You, I hope dollars wont be to... — read more 

Layoffs in California; on Zoom; 1/2 hour ago (12:00 pm Pacific)