“Other investment banks are adopting a “wait and see” attitude: If revenues are tracking below estimate in February and March, the industry could cut more workers, said a person familiar with a leading Wall Street firm’s processes.” —CNBC

Rumor has it that former unvaccinated Citi employees are going to file a class action suit. Has anyone heard about this? I couldn't find anything about it online.

Why bother doing more than bare minimum?

Let see what anonymous poster says, what does this link have to do with Citi? Like you don't remember Citi in 2008? ... — read more 

Statistics show that on average, changing jobs every so often you end up making more money than if you were to stay in the same role for the same amount of time at the same company. Its easier to change companies every 3-5 years for more money at... — read more 

Citi has really been good at bending to the will of the “woke” community and every bragging about it every chance they get. Now, the woke community is leaning toward a union within Citi. Will Citi continue and bend the knee? Right now, even... — read more 

Does anyone have the latest? Even from 2021/2020 is fine. I want to jump ship from my current job but have to know what some of these job rankings mean and what I can expect. Thank you!

Seriously, we are over the covids….

I currently work at BNY Mellon. Our CEO recently announced a change to the 401K plan. Currently our company match (max 7%) is implemented each pay period. Starting in 2023, the match will be paid at the end of the year (actually, three months after... — read more 

Thoughts?

Post after post of frustration, anxiety and angst. The key points resonate with the same themes. ) Yes, Citi will assuredly layoff under the guise of streamlining, consolidation, etc…phrase it however you want, you are still placing people into... — read more 

In May 2020 I posted an article in the Higher Education Inquirer on the last economic downturn. It was the 27th downturn in US history. Remarkably, few could see that downturn coming, a result of the covid pandemic. More than a million people died... — read more 

So I know four people who have worked remotely. Two before COVID (which was commonly acceptable with your managers approval). Three of the four filed a HR request to continue working remotely. The first over 6 weeks ago. So far HR has not replied... — read more 

A CEO’s core metrics are: ) take care of their people ) raise the company stock price So the “take care of their people” part is not happening due to the layoff galore with even more layoffs to follow in Q1 of 2023. “Raise the company stock... — read more 

Is it stack ratings such that at least someone in each group must be the low score?

https://www.beckershospitalreview.com/workforce/the-great-remote-work-mismatch.html There are many people re-skilling themselves to align with business’s that allow more work from home. I doubt Citi will throttle back on the having you come back... — read more 

https://www.cnbc.com/2022/11/23/citigroup-faulted-by-us-banking-regulators-for-poor-data-management-in-living-will-review.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

We’ve all seen it before. They’ll shift some people around here and there. Some will be placed into positions where they don’t need to be in and some will be placed in the right spots. Some will be shuffled in order to protect them from leaving. ... — read more 

How could there not be? During a recession each company has to prove that they are serious about cost cutting. You don’t do that by stop providing styrofoam cups, you do that by chopping off headcount. This, time after time, is what shareholders... — read more 

Will there be a lot?

You can expect Q1 cuts under the guise of productivity and performance. Streamlining the business and consolidating roles and so forth.

https://www.thelayoff.com/t/1jhJl7ta

https://www.cnbc.com/2022/10/14/citigroup-c-earnings-q3-2022.html

After reading different studies, reports and feedback from varying company HR reps, its interesting to me to see how the new re-adjusted way of thinking potential hiring candidates have. First, Citi does not pay well, upon asking initially what is... — read more 

Salary range for AVP in Citi as a Senior Auditor in NYC? Does citi offer bonus? Sign in bonus? Yearly? What’s the average cost of 401K and health?

I used to see many positions posted from Citi, but not now. Hiring freeze?

I never really understood some of the image that cooperations want to present. Everyone coming into work all wearing the same polo company branded shirt. All jostling together in front of the company sign outside for a group picture. The posed... — read more 

Everyone happy?

So many managers, most of them promoted in the last five years or so, are not qualified to be managers. They got where they are based on their specific background or by being friends with their boss. Citi has to replace these managers with people who... — read more 

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How is virtusa as a vendor for Citi? Is it the biggest vendor? How stable is the job if I join citi through virtusa as delivery manager ?

I'm not trying to defend the company, but our layoffs were under 100 people while other banks cut hundreds upon hundreds of people from their mortgage and landing. The only thing that worries me is whether there will be more to make up for the... — read more 

https://www.bloomberg.com/news/articles/2022-09-02/citigroup-cuts-dozens-of-mortgage-staffers-after-market-slows

To think, I complain about three days a week. https://nypost.com/2022/08/30/goldman-sachs-lifts-covid-protocols-urges-workers-back-to-office/

What’s a reasonable Business Associate - AVP base salary in NY? Sign on Bonus? Annual Bonus?

At least my experience is that no matter how hard someone tries, Citi will always try to keep them exactly where they are. Then why does everyone constantly repeat the mantra that the employee is solely responsible for his or her career progress?... — read more