Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Review Results. Good? Bad?

Curious as to the impact the 900 million + 400 million fine loss has impacted review comps if any.

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| 1840 views | | 3 replies (last January 20, 2021)
Post ID: @OP+18VyWK5C

Severance Package

Can anyone shed light on what Citi is giving people that are laid? What exactly is included in a severance package at least on a basic level?

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| 20170 views | | 17 replies (last April 1, 2024)
Post ID: @OP+18RVnX8b

GCB re-org and layoffs coming

i received early word from our team leaders that GCB will be undergoing a re-org, and currently there is a wave of layoffs being planned. likely due to the focus toward regulatory measures as well as covid's impact on GCB performance. anyone have... — read more 

AVP

Hi all can anyone tell me details about sir what to expect when interviewing for an AVP role? If I get the role, is it hard or easy to succeed ? Thanks for any insight you can provide.

Bring it on!

I'm glad to see in the comments here that I'm not the only one who is actually looking forward to layoffs. Things at this place have gone from bad to worse in a hurry and I really don't want to be here to watch it reach 'the worst' phase. I'm sure if... — read more 

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| 2840 views | | 6 replies (last January 6, 2021)
Post ID: @OP+18w3V8VL

RIFs

When can we expect more RIFs to occur?

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| 2310 views | | 3 replies (last November 19, 2020)
Post ID: @OP+17YVyW43

Early retirement

Does anyone know if Citi offers early retirement (I am 56) as an option to a layoff?

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| 2730 views | | 9 replies (last November 29, 2020)
Post ID: @OP+17UHtUN5

OFallon still can’t get its sh-- together

So the new director took over after Louise Sherman’s abrupt “retirement” and he promised the buck stopped with him. Really David? Does it? Nothing has changed since you took over. Same c-appy leads doing the same c-appy job all while the location... — read more 

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| 2590 views | | 6 replies (last November 3, 2020)
Post ID: @OP+17xFoKky

Citigroup Resumes Layoffs

Citigroup to Resume Cutting Jobs, Ending Pause During Pandemic Citigroup Inc. will resume job cuts starting this week, joining rivals such as Wells Fargo & Co. in ending an earlier pledge to pause staff reductions during the coronavirus... — read more 

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| 4050 views | | 3 replies (last September 24, 2020)
Post ID: @OP+16XRtXSn

Yep we're criminals - OCC and Fed are after us

https://www.msn.com/en-us/money/markets/citi-faces-possible-occ-fed-reprimand-over-risk-controls/ar-BB192lLV I think its all over for this hell hole, get out while you can.

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| 1454 views | | no replies yet
Post ID: @OP+16XReWOT

CEO announcement?

any thoughts on changes that Jane will bring in after Feb 21? Haven't worked with her so curious on thoughts for those who have.

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| 2260 views | | 4 replies (last October 1, 2020)
Post ID: @OP+16TGDk7A

Offshore answering!

I called customer service & a woman in another county answered. I couldn’t understand her & it took over 60 minutes to be transferred to an American! Maybe they shouldn’t be laying off Americans.

Coronavirus is a golden opportunity

https://www.linkedin.com/pulse/timing-next-financial-crisis-under-construction-dahn-shaulis/?trk=mp-author-card https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html

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| 1620 views | | 1 reply (March 17, 2020)
Post ID: @OP+141LHQt2

Stock price

Back down to $50/share (or $5.00 prior to the reverse stock split. I guess I’ll have to wait a little longer to get back to pre financial crisis levels of $500/$50. Thanks for your leadership “‘Mikey”. #newceonow

2020 going forward

Well here we are. Citi announced stellar earnings, more than ever since 2006. Most if not all bonus’s were diminished if existent at all. The upper echelon got their well deserved rewards while the lower cogs in the machine got nil. Staffing has... — read more 

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| 3110 views | | 3 replies (last January 29, 2020)
Post ID: @OP+137DIV6u

Structural layoffs. The robots win

https://www.bloomberg.com/news/articles/2019-12-06/robots-in-finance-could-wipe-out-some-of-its-highest-paying-jobs?srnd=premium

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| 1350 views | | no replies yet
Post ID: @OP+12pS0oHZ

VOE Results

So VOE results have come and guess what.......EVERYONE HATES CITI! Upper management is still in denial. The O’Fallon AML dept is the worst. Keep up the great work guys! Maybe next year we can light up all the charts with new low numbers and all red... — read more 

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| 3440 views | | 7 replies (last December 26, 2019)
Post ID: @OP+12mJ0bN8

Secret Lay-off Program starting with “M”???

Heard that there is a program underway for major layoffs in January. Something that starts with a “M”? Anyone know anything about that that can be shared here? I’m fine taking a package, just give me a little bit of notice; we’re all adults.

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| 3650 views | | 8 replies (last February 20, 2020)
Post ID: @OP+12bQmpbO

Citi Layoffs 2020

What are your thoughts about potential Citi Layoffs 2020? Any news or rumors?

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| 6050 views | | 7 replies (last December 4, 2019)
Post ID: @OP+126UG8VR

Layoffs Nov 2019

I was told my last day will be 11/22/19. 18 years with the company. I’m over 40 with a family of 5 and was the sole provider. I live in St Louis area and work at the Progress Point site.

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| 2400 views | | 4 replies (last December 29, 2019)
Post ID: @OP+125mcAYW

Partnership with Google.

Good for the bank or a Trojan horse that will lead to more layoffs? https://www.google.com/amp/s/www.cnbc.com/amp/2019/11/13/googles-checking-account-is-setting-up-a-showdown-with-apple.html

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| 1040 views | | no replies yet
Post ID: @OP+120seiIR

Why even bother with layoffs

If attrition continues as it has for the past several months, there'll be absolutely no need for layoffs. People are burned out and are leaving in droves. Of course, they are taking the knowledge and expertise with them, but it's not as if our... — read more 

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| 2560 views | | 7 replies (last October 19, 2019)
Post ID: @OP+11r5Z1x2

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