#company

Last few town halls, CEO in jeans and boots with huge belt buckle, now COO with jeans, sneakers, no collar shirt. Is this now the business casual standard? If so, I’m here for it.

22% raise while the masses get ran off to pay for it. Every single employee is a pawn, a commodity to be used traded and discarded at will. You are no more to her than stapler.

AI promises were made and it did not work out. It will eventually but AI did not bear the fruit (money) that was promised. We’ll have AI in place and it’ll replace “x” number of employees this year. It did not work but even still gotta run off the people to save at least some of the money that was promised. So…YOU are on the chopping block.

Meanwhile, Jane raise\bonus is locked in at the cost of your job. She’s laughing at the fact that you are paying the price and not her.
Those that are left behind the carnage will be worked to death to pick up the slack and again she will chuckle. You guys need to get past the point that she does not care what you do, say, think, suffer through or feel. You are such a non-concern to her much like a discarded bottle cap that you and your well being does not even register as a thought to her. She came from McKinsey for which their sole purpose in life was to help CEO’s determine the best way to sell laying people off for optics.

My advice to tech….leave on your own terms as soon as you can. Be willing to move elsewhere for the same pay and maybe even settle for less but at least you won’t be blindsided. Yes, I am aware it takes a very long time to find something so start searching now rather than after the axe falls. Skill up and go. Either Citi sees the value you bring to the table or they don’t and some other company will. Try branching out to other sectors. As said before a tech person at Citi is not exclusively locked in only to the banking sector. There are other sectors that also use PowerBi, SQL, Exchange, various vendor firewalls, routers, switches, cluster, AD, etc….. crazy, I know, but Citi is not the only ones that uses various technologies. Give other sectors more than a passing glance.

Another American company with 85% of its ‘team’ in low-cost countries and 3 confused dudes in the US pretending to be the HQ. Not really an American company anymore—just a flag of convenience for venture capital. 🇺🇸 in name only.

Lowe’s Co. Inc. detailed plans for a mass layoff. The company disclosed these plans to local and state officials. The affected operations include a technology hub. The company's headquarters is also impacted. Further details were not provided in the available text.

https://www.bizjournals.com/boston/news/2026/02/17/lowes-layoffs-employees-including-mass-workers.htm

Main Street Sports Group announced the closure of its Minneapolis operations. This action will result in approximately 20 employee layoffs. The layoffs are scheduled to take effect starting April 14. FanDuel Sports Network North broadcasts Timberwolves, Lynx, and Wild games. The CEO stated that NBA and NHL broadcasts will continue as planned.

https://kstp.com/kstp-news/local-news/owner-of-fanduel-sports-network-announces-layoffs-in-minnesota/

Does anyone know or heard any rumors when the Hiring Freeze will be lifted? Or will it ever be lifted for Support Center?

Congrats to all.

Looks like layoffs postponed for now.

Anyone else seeing random positions created and prioritized over necessary reqs? Im seeing alot of it now and itn random locations not in the forced “growth locations”

Barclays' new chief executive announced a fresh course for the British lender. He pledged to cut at least 3,700 jobs. The bank will also prune its investment banking division. This aims to rebuild its reputation and boost profitability. The CEO stated ethics would now precede earnings.

https://www.aol.com/news/2013-02-12-barclays-job-cuts-layoffs.html

Live in NJ, but due to. life circumstances will be moving to TN. Is it possible to ask for an exception to be remote? Been with the company for 4 years and got a promotion recently, if any of that matters. Anyone have any experience or know of others that were in a similar position?

TX area. Meeting was scheduled hour in advance.

Layoffs today across UKG, mostly focused on CX/New Logo Implementation. God Speed.

What is it?

Pickleball. Kayaking. Kick a soccer ball around. We are truly blessed.

If it's cost performance, it should hit the MD D SVPs isn't it.why i see only VP getting affected

I keep hearing that Archwell is going to buy the clinics in Florida? So there won't be anymore wellmed or optum clinics. Has anyone heard anything???

Roche is currently undergoing a significant global restructuring of its Roche Digital Technology (RDT) organization (former Roche global IT). Under the leadership of Wafaa Mamili, the company is centralizing operations through a new technology hub in Hyderabad, India. While total headcount is projected to grow globally, this strategy involves substantial workforce reductions at key sites, including Basel, Mississauga, South San Francisco, Mannheim, Costa Rica and more.
These transitions, which also include the departure of high-level and high-performing specialists and long-term contributors, are expected to continue throughout 2026 in accordance with local labor regulations and social plans. It may no longer be a "great place to work" especially for IT specialists.

I do only because I get to work remote and make a lot of money.

Something big is to happen in PI ?

Since we all headed there...

If you do the math, look at the earnings of recent quarters, then you realise it really is only a matter of time……..

He has done such a great job at Ford, he has been anointed into the BoD at McDonalds.

The guy is a "1" performer.

BILLIONS and BILLIONS of losses in the last few years with this EV bullsh-t and what? Here at Ford, its nothing but applause.

Fortune reported Binance fired compliance staff over Iran sanctions violations. The report claimed $1 billion in USDT linked to Iran flowed through Binance. Binance co-CEO Richard Teng publicly denied these allegations. The company stated its internal review found no sanctions violations. Binance neither confirmed nor denied general layoffs but clarified they are unrelated to sanctions.

https://incrypted.com/en/binance-has-denied-rumors-of-staff-layoffs-and-sanctions-violations-involving-iran/

This practice is so rampant among other big banks, tech, and other Fortune 100 companies. https://www.youtube.com/watch?v=t5fXrPMGM5E

Anything to do with oil seems to be going quickly to Venz. A race for the money. Chevr. already in the game.

What’s wrong with all the posts on this site? This place is a complete mess. Can anyone explain what’s happening at Ford?

Quite entertaining though.

As the saying goes:

"If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck."

If the company is going to betray everything it once stood for, hire executives from "peer" companies, why not just accept the reality that it's just another sh---y bank?

Sorry but, I was in sales for a decade across multiple companies and you guys are complaining about a 60% quota?! If you can't hit 60% then you aren't doing anything at all because that's incredibly easy to hit. Ya'll do realize that most companies have a 90% quota right?

I'd be ecstatic if it was only 60% because you know, I do my job... Those bi--hing about this are the ones that made it possible for this new SCP, btw. They are the ones who Dell is WANTING and HOPING to get rid of.

You think the ISR's who are actually doing their job and are hitting 80+ consistently gaf about this? No, they don't. They are happy because now they are basically guarenteed money.

60% is literally laughable though.

An uneasy calm is there

Mano posted on LinkedIn to announce his exit. What could possibly have been so bad to leave after a year? So many legacy execs have failed miserably and easily remain on the payroll, especially in finance. What happened?

Now that the severance periods for most MRO employees have ended and the fallout of CEP and all the EOI's. How many MRO employees that took a role with COP are still there and happy?

Feels like a ton have left.

what happens to the shares that we buy as part of a salary sacrifice scheme now. ? the shares are not trading now I dont think so how do we understand the value of these?
Can we still sell them and should we stop buying them?

It's usually announced in early March, right?

What are we seeing…

https://variety.com/2026/biz/news/warner-bros-discovery-paramount-skydance-board-bid-netflix-1236664163/?fbclid=IwdGRjcAQAELpleHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEedi07M5OTw_-C4AkreI9eONQXAhDT4y1e1dgY62kHS4qi-9-PloLepzKypjE_aem_9SNa7lxdHAvM5wtMgTJPTA

Given an option, where would you rather go for T? Cu----g, GA or Plano, TX for future greener pastures too

Why Shell IDT employees are looking to flee the company

I've heard there are none, can anyone confirm or deny ?

I'm a Manager and I have had to lay off top raters over low performers because the leader has a vision. I can tell you, ratings have some sway but ultimately no one is safe from the shoulder tap.

Keep your options open.