Thread regarding Citigroup Inc. / Citibank / Citi layoffs

You are wrong. Citi will not BE like Wells Fargo but may actually be worse. As one poster already stated elsewhere.

“ What’s embarrassing is this….Watching an MSNBC segment on the different sectors in regards to the stock market. Upon reaching the financial sector, the panel discussed the various banks. The pro’s the con’s, the good and bad, projections etc…. Citi was never mentioned. They started to move on to another sector and someone on the panel said “Wait a second we forgot one. We forgot Citi”. There was a slight paused then they all laughed in unison for a bit and then moved on to the medical sector.”

Thanks "Human" Resources Original Poster or MD. The only "people" posting the way the OP posted or write cheerleading posts are members of the HR Department, Executive "Management" or people who are too young to retire and also too old to find a new job. They're stuck at Citi because they're d@mned if they voluntarily or involuntarily leave Citi. And so they defend and rationalize what Citi is doing. They even protect Citi. This is especially prevalent when the MDs talk about Citi. Citi is the next titanic bank like Wells Fargo on the brink of dea+h or worse, First Republic Bank or Silicon Valley Bank now non-existent and bankrupt !

The only "people" posting the way the OP posted or write cheerleading posts are members of the HR Department, Executive "Management" or people who are too young to retire and also too old to find a new job. They're stuck at Citi because they're d@mned if they voluntarily or involuntarily leave Citi. And so they defend and rationalize what Citi is doing. They even protect Citi.

You sound like the "back pit " consultant who jump to new company every 6 months. Yes you don't worry about your career and just focus on money.
People have built resumes and careers for long time. Yes we made the wrong choice to stay with Citi.

@1uan+1pcRYC3J, we heard you the first time, so you might want to ease up on posting that on every single thread.

Unless an employee has worked for several companies in the same industry, the employee will be limited in comparing corporate cultures, layoff-handlings, etc.. Trust me when I say that the way layoffs are handled at other large financial firms is just as bad if not worse. As bad as it's been handled at Citi, it's worse at JPMorgan Chase, Goldman, Morgan Stanley and HSBC. Companies do this on purposes to drive voluntary quitting so that they do Not need to pay severance, avoid Quite Quitting and slacking off at work, and make the whole experience a guessing game as to who's getting fired until the last second! It's now a real life Hunger Games but worse! It's every man and woman for his or herself, and No one wants to help others because why help another worker look good when you may be viewed as Guillotine eligible??? Doing Layoffs just means Citi and other companies are sh00ting themselves in the foot because No one or very few employees want to collaborate for fear of Not getting credit for their work!!!

Thanks its a good checklist which is usually missed.
Some more points:

1. Verify your citi email id in Linkedin. This gives you more validity to your profile.
2. Book Doctor appointment ahead and get 3 -6 months of medicines if you have any.
3. Do a complete body check
4. Throw your focus to GYM to rebuild your health
5. Go to degreed.com and udemy.com and learn some important courses which will help you for your future job search. Upgrade your skills
6. If you are visa holder, focus on retaining your status in US
7. Plan your purchases for Christmas and Thanksgiving

SAVE MONEY !!!

You cannot email your job performance to yourself.

The problem with Citi is that it has no identity left. For the last few years they told workers that it was the best place to work. It turns out that work life balance was just lip service. All the perks are being reversed and Citi is going back to the past. Credibility is gone.

sending anything other than paystub or tax forms to your personal email address even with a captioned exception will likely flag an infosec audit. your performance appraisals are likely property of the org, just as a passport is a u.s. government issued document, not your personal property.

The original poster feels and sounds like HR.

Thank you HR or higher ups for this post (extreme sarcasm). The way things are being handled is not processional or empathetic as they claim. I agree with The other poster, it's not that easy.

Thats because citi hires alot of people that have no business being in finance very emotional people that couldn't manage their way through a wendys drive thru

When the recession is over with, there will be a hiring surge for all sectors.I think those still at Citi should venture out and leave. Move on to another company that’s not so volatile for more money. At least put some feelers out and submit your resume. You never know, a company may come across with sweet deal. Give your two weeks notice and move on, trust me, Citi will be just fine without you.

Seriously. Like it’s personal and they are victims of an evil plot. It’s a restructuring of the company. There will be layoffs that go with that. No one is torturing you. It’s just a job. You weren’t going to stay forever anyway. Just prepare for whatever happens and don’t freak out about it.

It's really that simple! (it's not)