Citi is quietly doing layoffs without much noise like Amazon or Microsoft. They are not in news much.
The government must look into the fake internal job postings, promotions for favorite candidates, and immigration visa abuse. Citi is notorious for replacing American workers with H1B, L1 TN, OPT, H4 EAD candidates.
They hire in India, Ireland, Poland, Costa Rica Singapore, and their last option is hiring in the USA.
Most of the Indian managers are racists and they discriminate other south asians based on caste and culture. It's a absolute disgrace to the America.
Citi HR and Ethics teams are a joke!
They will hire overseas and make them rich and show layoffs in the USA to bump up the stock!
The only strategy is lay off people and get more bonuses! This cannot survive for long. It's a shame that the assets of the big four banks in the USA are not even comparable to some average banks in China.