Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Why are some people so whiny at this company

Have only been in it for a few months but people are always whining about pay when at least in my area it's one of the highest paying employers, people mad about only getting 8k bonus (was lucky to even have 5k at any place else), people mad about... — read more 

A slow trickle of layoffs

Is that what the future is going to look like? That's my worst fear. Always being on the lookout for layoffs. I have anxiety as it is, so something like this would only serve to drastically intensify it. I hope we have one big round next year so we... — read more 

All Finance doors are shut

Heard few more financial companies are also preparing for their layoffs and not planning to hire till end of July/ end of 2024. It’s going to be a tough game. Specially for visa holders.

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| 1640 views | | 2 replies (last December 19, 2023)
Post ID: @OP+1q8g8eRC

Are we supposed to be grateful?

For the whole 'work from wherever you want' thing for the next ten days? Are we supposed to think our overlords are so, so generous for allowing us such a luxury? How kind of them! I'm in awe of their kindness and consideration for us regular... — read more 

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| 1760 views | | 5 replies (last December 18, 2023)
Post ID: @OP+1q8lYs9e

Some team members have been moved to other teams

I have heard that some of the tech team members from Shadman's team(CIO) have been moved from one department to another. One of the MDs mentioned that the people are being moved so that their positions can be saved up to some extent. The risk is not... — read more 

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| 1690 views | | 1 reply (December 18, 2023)
Post ID: @OP+1q8F4V25

LinkedIn job search engine freaking rocks

Such filters as “work from home” and salary amount. Yeah, yeah, I know, right about now the comments are forming of: “no one is hiring right now man”,” everyone is laying off”. Keep in mind this is NOT a permanent state of being forever never to be... — read more 

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| 1690 views | | 9 replies (last December 19, 2023)
Post ID: @OP+1q7NJstF

Motivational fuel.

There are tons of angry, worried, resentful posts out there. People concerned about being let go before, during or after Christmas. People angry with the way the layoffs are unfolding. Other’s upset as to the reasons “why we are at this juncture”. ... — read more 

I envy those who know how to switch all of this off

I know people who have "flipped the switch," to put it like that, since they know nothing will happen before the second half of January and are acting like business as usual. They are able to think about the coming holidays without stressing. I'm not... — read more 

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| 1440 views | | 4 replies (last December 18, 2023)
Post ID: @OP+1q70bapN

Your prediction for when it will all go down?

Jane has seemingly tied things to the 4Q 2023 earnings report, which is Friday, Jan 12. Obviously, during this event, she/Mark will mention the number of employees getting dismembered. Do you think people will get tapped on the shoulder before or... — read more 

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| 2320 views | | 6 replies (last December 19, 2023)
Post ID: @OP+1q6dNCjD

My two cents about ratings

Citi has very high standards, at least on paper: Genius Star OK S**t Everyone in the comments below are saying that unless you are doing something exceptional you should be 3, and if you do just a slight mistake - 4. What I do not... — read more 

What does a 3/4 rating really mean?

Been with Citi for only 12 months. Given that a 4 is bad. Is 3/4 considered the same? Although 3 is how and 4 is what. It still doesn't seem good. What does a 3/4 eating really mean? And what's your stance on whether those ratings will be apart... — read more 

What happens when an employee receives a 4 rating

If you feel you didn't deserve a 4 rating due to bad management experience and them trying to make you look awful. Do you have to acknowledge the 4 rating on workday? What happens if you do not acknowledge you had the talk?

Jane Ask Me Anything

It's amazing how she answered the questions without providing an actual answer to what was asked. She essentially dodged all questions. Would have been better to not do it. Anyone else more confused after the AMA?

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| 2220 views | | 9 replies (last December 15, 2023)
Post ID: @OP+1q49c9NE

Comedians hosting a Town Hall ?

What are your thoughts seeing a bunch of "Seniors" trying to be funny and having a laugh during Whitakers Town Hall while they planning thousands job cuts the same time ?

Stuck in perpetual "transition" mode

That's what it feels like. How are we supposed to focus on work in these circumstances? It's just a never-ending restructuring with never-ending cuts. And I can guarantee you, even after they say it's over, it will be only a few months before they... — read more 

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| 1221 views | | 2 replies (last December 14, 2023)
Post ID: @OP+1q4SGczN

Internal Mobility?

I see tech teams being moved from one country to mine but they are hiring the same people and paying for their visa and relocation. How does this make sense when we are supposed to be saving money? Also, if Citi is making you redundant purely to... — read more 

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| 1134 views | | 2 replies (last December 14, 2023)
Post ID: @OP+1q3oyNff

Early bonuses

https://www.reuters.com/business/finance/citigroup-offers-partial-early-bonuses-encourage-departures-bloomberg-news-2023-12-13/#:~:text=Dec%2013%20(Reuters)%20%2D%20Citigroup,people%20familiar%20with%20the%20matter.

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| 1940 views | | 8 replies (last December 14, 2023)
Post ID: @OP+1q3lM3b8

Concerns about biased layoff selection

I recently discussed the impending layoffs within our team with a colleague based in New Jersey. We’re both hoping to avoid being selected for layoff. During our conversation, my colleague mentioned that our manager assured him that he is working to... — read more 

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| 2160 views | | 8 replies (last December 14, 2023)
Post ID: @OP+1q33Kdvn

Roles with no real purpose

Did you notice an increase in roles with no real purpose? How many PowerPoint warriors does Citi need? How important is it to go from a meeting to a meeting where they keep repeating the same things over and over again? How come they are not the ones... — read more 

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| 1650 views | | 6 replies (last December 14, 2023)
Post ID: @OP+1q3i66bD

MD offline for two weeks...

If an MD has been offline for two weeks with no OOO on, is it safe to assume they are gone? Within Risk.

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| 1810 views | | 8 replies (last December 13, 2023)
Post ID: @OP+1q2fEzOQ

Toxic MD gone !!!

I will say I am glad to see one of the most toxic, degrading and demeaning MDs leaving. She would yell at her managers if she had low VOE scores, demean her managers in front of others and degrade them. If you worked there you know who I am talking... — read more 

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