Have you guys seen that global has been updated. Past communicated moves are now in global directory with more changes to come.
Next Layoff News
When and How to know which Services impact most and region wise ?
When’s next round of layoffs in US?
Anybody got info from their seniors as to when is the next phase of layoffs in US? Is it end of February?
Feel bad for the people joining
Most of them are lured into Citi with big $$ and then find out they landed in a wasteland and bonuses are the worst. Then it’s all about survival and Lord of the Flies. You may as well forget about banking and winning deals in the marketplace, as... — read more
My job is kind of a joke
I work in somewhat of an operations role but more of a control in the process, but still a cog in the machine that inputs stuff. It's both analytical and mechanical, but it honestly seems kind of pointless. some days of the week, I have almost no... — read more
Managed Projects consultant jobs
Wanted to find if consultant/contractor jobs in 3rd party managed projects (from companies like Wipro/Infosys L&T,TCS, Cognizant etc.) safe? Have a offer via one of these for technology managed project and evaluating if safe to join
Ciri is paralyzed in fear
Is this what you wanted, Jane? Zero productivity and paranoia?!
Consultant Job Security at Citi Post-Restructure: Seeking Advice
Hi, After Citi's recent restructure, some other consultants are being laid off by Feb 20th, but I wasn't included in the cuts. With March near, I'm uncertain about my job's security. Not being part of any team, does this make me less secure? If... — read more
worker bees
What do you do when you're silenced and have no opinion or voice? You become a worker bee. your creativity isn't welcomed. you can't leave yet because you have family. you try to find a job, but its hard. what do you do? 0m ago by Anonymous
If I got promition, whcih means i will be safe from Layoffs?
If I got promition, I will be safe from Layoffs?
Who knows that layoff status..when they will inform..
If we are not included in mettings..can we assume that our position gone.
How do you get notified?
For those that where laid off did you receive an email or letter confirming you last day?
Internal openings
As someone needing to find a new position (internally hopefully) I've noticed that there are very little job postings going up. From what I've heard and experienced it's very hard to get a call let alone an interview. Any insight on this is much... — read more
I have a feeling I'm being driven to quit
I'm not the only one who feels this way in my group. In the past several months, micromanaging and negative comments have both increased drastically. My boss never used to behave this way, which makes it even stranger. It's like he received a... — read more
HR intentionally lagging on severance payout, at least that’s how it seems.
Just another example as to how useless HR is and needs to go. From reading post after post, it seems that HR is holding back on payout to either: a.) continue to gather interest off the money instead of paying it out or b.) hope you’ll be desperate... — read more
6-12 mos break after a layoff?
Anybody is thinking to take a 6-12 months career break after a layoff? Instead of jumping on the next work opportunity take time to focus on traveling, hobbies, socializing, mental health, spending time with family..
Layoff severance terms - US
Can someone please confirm the severance structure for the US? I’m hearing 2 weeks for every year served OR depending on annual pay (for example $100k+ minimum of 12 weeks) plus Warn period? Is it the 2 weeks per year or is it based off the annual... — read more
Does it seem quiet?
Feels quiet in office lately but a few zoom meetings. Does anyone feel the same and everyone is waiting for something?
managing-up
https://www.efinancialcareers.com/news/Andy-Sieg-Citi I always thought this the case at Citi- managing-up. I see some MDs all the time going around with their bosses MDs, I wonder when they even work
Mass layoffs hurt people, companies and society
“The ubiquity of layoffs has convinced a generation of managers that there’s no other way to do business — that periodic downsizing is necessary, even beneficial to companies. But it’s not. Regular layoffs are a perfect example of a widespread yet... — read more
Severance lawsuit needed?
If you are laid off and you are to get the severance+WARN yada…yada…and as I have seen on this board, Citi dragging their feet on the payouts…. I assume its to encourage you to take just any job at all, which in turn stops the severance+WARN payouts... — read more
Managers exhibiting odd behavior . . . ?
Like everyone, I have a chance of losing my job but am really not that concerned (odds of dismissal are low, I think). Regardless, my manager is involved in the layoffs/reorg exercise and has been acting very distant, disorganized, and very hard to... — read more
Payscale release in Workday
Are the salary ranges still being released in Workday? I heard they would be visible Feb 2. Has anyone been able to view their range?
Focus on layoff info
Why this forum is converted into a forum assorted topics with cribbing about what others are getting and why others are not belong laid off. Some are also focused on rediculing Jane and HR. Why can’t some moderate the forum and keep the focus. — read more
Giving notice
Assuming you are not tagged for layoff and you give 2 weeks notice, can you change mind and offer to continue during that 2 week time period?
After signing severance papers
Do they send you some offboarding package, like leaving citi handbook and details about deposit of severance funds, copy of signed severance from their side, anything else? Or just directly deposit funds in account?
Vendor consultants & H-1b1 visa employees
Have these groups really been impacted. It seems like there is still a lot of people in this group who were not laid off/contract discontinued last year or last month. Shouldn't contracts be up for revision for consultants by now with it being 2024?... — read more
Interesting article regarding balance of power shift to employers
https://www.forbes.com/sites/jackkelly/2024/02/05/the-balance-of-power-has-shifted-toward-employers-what-this-means-for-workers/?sh=689e72f45a2e
Citi doesn't care about retaining top talent
Attracting and retaining top talent will always be an impossibility for Citi. They are so hard set against paying at the lower end of the pay scale and so begrudgingly increase your pay slowly over years. It also warrants mentioning that the job... — read more
Where do we stand on layoffs?
How many are left to be let go?
So spot on about CGW culture.
“Sieg is taking aim at the culture that led to poor results. He told staffers at a town hall meeting to manage-up less, which led to a flood of supportive emails from those who tuned... — read more
Is it difficult to land a job and get rehired at Citi?
This is my "first round" working for Citi and since I was the chosen one, I'm not sure how tough it is or not to get a job at this company. Anybody that has been out and rehired, is it highly competed and tough to land a job at Citi or is it fairly... — read more
Layoff Interest
Can we express our interest to HR to include me in layoff list(if company willing to compensate severance) instead of direct manager?
Citi is the laugh of the town, the punchline of banking
Whatever gains Jane was hoping for from the Bora Bora shakedown will more than be offset by Citi’s inability to hire decent talent for decades to come. Basically a slow motion train wreck that is continuing to corrode Citi’s credibility and... — read more
BOA ceo got pay cut for not meeting goal AGAIN
https://www.bloomberg.com/news/articles/2024-02-02/bank-of-america-cuts-moynihan-pay-3-to-29-million-for-2023 https://www.wsj.com/articles/bank-of-america-cut-ceo-brian-moynihans-pay-6-in-2022-11675462048
Services
We were told final organizational details would be by end of Feb, ahead of schedule (Jane messaged everything by end of March)
Is Jane still seeking Citi management advice from Warren?
So Buffet bought 3 billion $ in Citi stock, then later in the year advises ( or should the word instructs be used?) Jane to continue with the layoff. How is this ethical? ... — read more
Fake internal job postings
Should we assume that every job that gets posted internally is already earmarked for someone else? It sure does appear that way.
Weird email -Spending account deductions
I have been with the firm for 20 years and today for the first time I got an email saying they were changes to my spending account that could be cause due to leave of absence , or missing a payroll deduction. Why would they need to make a change if... — read more