Thread regarding Citigroup Inc. / Citibank / Citi layoffs

RTO hubs

Mine looks like everything but RTO en masse. I am beginning to think that RTO, like so many other things, will never really happen and it will get reshaped and changed many times as a strategy until all those jobs are outsourced to Moon. Corporate world really became lousy and chaotic. No tight ships anymore.

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| 1681 views | | 9 replies (last March 12, 2024) | Reply
Post ID: @OP+1rrTNwNZ

9 replies (most recent on top)

RTO at my location is a joke. The parking lot is still mostly empty.
I was playing the game of 3 days a week but now I have my own criteria. 2 days is my limit.

So far, HR has no consequences in place.
If and when they ever roll out any rules, they have to enforce them everywhere to avoid discrimination lawsuits.
In my group, jumping through a couple of hoops with Metlife and a doctors note will get you permanent work at home status.

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Post ID: @4ztl+1rrTNwNZ

Citi is such a juxtaposition. They try to sell cutting edge work environment and fresh new thinking but, they also push for return to office which is old world thinking.

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Post ID: @2efr+1rrTNwNZ

Don't see this happening in near future!

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Post ID: @2tvm+1rrTNwNZ

1rrTNwNZ - either train will be empty or derailed:-)

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Post ID: @2kei+1rrTNwNZ

@1ysh+1rrTNwNZ

Take Jane’s advice and….GET OFF THE TRAIN!!!!!

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Post ID: @1oud+1rrTNwNZ

I joined Citi during pandemic. Every time I commute to office it is costing me $90 per day, close to 8-10k a year. My compensation is not adjusted accordingly.
Some folks/ MD favorites get to work 80% remotely and they come to office once a month :-(

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Post ID: @1ysh+1rrTNwNZ

On days I go into the office, Citi only gets 8 hours from me and never anymore than that. This is the overall sentiment that everyone feels.

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Post ID: @nhq+1rrTNwNZ

RTO is completely political and financial and has zero to do with the "collaborative value" propaganda BS you are being told. Commercial real estate is on the edge of collapse and governments as well as commercial real estate holders and the holder of those loans, want you in the buildings for no other reason than to avoid defaulting on them. Commercial real estate is in the cr-pper and not worth the paper it's written on, the Fed is keeping rates high so it makes refinancing those holdings impossible. I just wish they'd be honest about it. I also love how Citi made it habit of closing sites over the past few years, forcing a lot of people to become telecommuters and now they are ostracized and can't post for a single role in the bank. RTO is amazingly stupid. It's expensive to employees and companies alike, less work gets done, there is really no upside - with the exception of keeping real estate moguls and loan holders from losing money. You are cattle.

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Post ID: @ijl+1rrTNwNZ

Be ready to be there 5 days a week.

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Post ID: @yso+1rrTNwNZ

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