I think some of the biggest mistakes that people make is: expect a company to bend to their will expect a company to stay the same They often forget about option 3 which is to move on. With every single layoff there is a talent vacuum that... — read more 

Does anyone know how Citi notifies employees of layoffs? Specifically, those being laid off? Anyone's help is appreciated!

Citigroup Cuts Hundreds Of Jobs, Lays Off Employees In Investment Banking, Mortgage Units: Report Citigroup layoffs 2023: The Wall Street giant’s investment banking and mortgage units are among the most affected by these layoffs... — read more 

I find all this news of layoffs this week so incredibly hard to believe. So many other replies of this being such a huge unsubstantiated rumor just can’t be wrong. For weeks now, post after post of this being such an impossibility wrapped up with “I... — read more 

I don't see any posts about layoffs continuing today, and by now we'd definitely know if something was still going on. I'm going to take that as a sign that layoffs are done and they notified everybody they wanted to notify yesterday. Am I missing... — read more 

Watch this space. Citi wide layoffs being announced today. Calls have happened, and will continue to happen all day.

The pendulum swings one way then another. The great resignation one year, massive layoff the next. In both cases there’s a vacuum that needs to be filled. Companies don’t really layoff, they just exchange employees. Instead of making 6 figures at... — read more 

Finally happening by this Friday or next, across the board but highest pct will be in technology…, all know the reasons why.

He lost interest.

I heard the citi hiring is on hold

Locking in a 2 million dollar raise for herself BEFORE company wide layoffs. Well played Jane, well played. Like her or not, she’s a smart one.

Cutting a credit card holders limit from $10,000 to slightly over the balance they hold in the account should be illegal. It sets up an overdraft and that triggers increases in the interest rate. If a consumer isn't paying attention it can be a good... — read more 

While corp America may be still leveraging HB1 workers, that may come to an end soon. Congress will be penalizing companies enough to where it’d be cheaper to hire US citizens than HB1. I know that this has been said before but there are new... — read more 

RTO is a class issue. It hit me the other day that one of the reasons I have such a negative reaction to RTO is because it’s about the power dynamics - not employer/employee but Elite vs Worker (look yourself up in workday ‘Worker’). The benefits of... — read more 

What does citi usually offer base on salary range? If it is on the lower end how much can you counter by to get closer to high end?

I applied for risk and cyber jobs in Florida and some of these are at an SVP level. The range they're wiling to pay with both base and bonus is half of what is listed on salary boards at that level. They are moving many jobs to Florida and Texas to... — read more 

Bonuses are cashed. Let's see what happens.

“Controlling labor costs via periodic layoffs is like breathing for Silicon Valley: cyclical, necessary for life,” Malcolm Harris, author of the forthcoming book “Palo Alto: A History of California, Capitalism and the World,” told me. The layoffs... — read more 

I suspect the next Clown Hall meeting will discuss focusing on re-alignment (layoffs as in plural) and adding resources in the right places (offshoring to replace who they are running off). Layoff’s will happen Q1.

Citi has a long history of: Laying off at least once per year. Maybe not a massive amount each time but its done. & Following the lead of other banks. If other banks are doing it, then so will Citi. So for now, Citi hasn’t laid off, but will. Other... — read more 

How long does it take recruiter to reach regarding offer once final interview is complete? I noticed that Citi recruiter are usually not very responsive.

can we create a log of salary here? curious what others make. We can go somewhat light on details for anonymity. but perhaps YOE, Grade Level, Salary, Bonus?

And only got a 2% increase in salary. What about you?

I have been on other layoff bank sites, and they all seem to be very concerned. I work here, and have to admit, I am concerned. Are you worried?

How many experienced hires have gotten sign-on bonuses.

Citi had some layoffs this week, Does anybody know how many or what groups?

Raise and bonus less than last year, but given more job responsibilities. The Citi way.

If you live in a state that’s considered a “work at-will”state, means that your employer can terminate you at any time for any reason. Likewise, you the employee can quit without a two weeks notice at anytime for any reason. “Work at-will” does... — read more 

Interesting approach Pull under performers back to the office. Are they using ms teams and how often you move your mouse for productivity? https://amp.cnn.com/cnn/2023/01/18/business/citi-work-from-home-jane-fraser/index.html

While Wells Fargo seems to be the focus for now, it could later apply to other banks. https://www.wsj.com/articles/too-big-to-manage-banks-may-face-breakup-top-regulator-says-11673982801

In spite of increased cost of living, raises and bonus’s will be sparse. Headcount will decrease. Those left, will be expected to take on the responsibilities of those that are gone. Hours worked will increase along with pressure to meet aggressive... — read more 

Role: Keep the lights on role. I do not generate $ but am considered a cost to the company.. Ranked a 2: Rewards: 1K bonus, 3% raise. Pretty much the same for the past 3 years.

They're actually tracking if you're complying with the hybrid and noting ion performance reviews.

This should be good for other banks as they will absorb those customers for mortgages. While sad for them, good for us, no?

Does Citi provide sign-on bonus?

No matter what sector or company you are employed in, you should always work under the belief that you’ll be laid off eventually, its just a matter of time. This is motivational fuel to: Save more money. Update your skills and\or resume. Pay off... — read more 

Asking for a friend. :)