It’s fun to look at the other boards. Holy cow at JPM. Toxic as sh-t. Trolls running amock.
Very entertaining in a train wreck type of manner. Makes me appreciate my sh---y bank even more.
11 replies (most recent on top)
just lfmaoo @OP not sure what worthless department they are in but JPMC already stated they are coming for Citis Global Market share. Which should be easy to do seeing as how poorly run the organization is.
Jokes on you sport.
All the banks are toxic.
Your nightmare is just beginning.
Bora Bora 2 is in the works. Stay tuned.
https://fortune.com/2025/02/14/jpmorgan-ceo-jamie-dimon-dei-bias-training-spending-racial-equity/
Layoff is not over and I wonder who the people here calling people DEI hires out of gut feeling will let go off first?
OP correct. Citi will mostly handle through attrition and pretty evident that there is no appetite ability to cut further. Will a company with 200K employees layoff people sure but here and there. May even start hiring aggressively in certain businesses.
Yup, severance budget still up in 2025 prepping for more layoffs and double click into any leader's vague goal of 'get workforce where it needs to be'... Cuts, cuts, ai to try to create efficiency, cuts, and more cuts.
Ok HR. Nice try with your useless false post. LOL. You can't reduce headcount by 2026 without more layoffs.
https://www.businesstimes.com.sg/companies-markets/tech-financial-services-layoffs-and-job-cuts-2025
Citigroup The global bank is trying to streamline its operations and lift profitability to compete more closely with its rivals, with an aim set out last year to reduce jobs by 20,000 by the end of 2026.
The company’s headcount was 229,000 as at the end of the fourth quarter, down by 10,000 from a year earlier.
What about JPM? If they pay enough - which they do btw, people from my Citi team left for JPM in the last year or so because they offer higher base + 2x the bonus in Risk - why not. Some people prefer the cash. I made the mistake to move from JP to Citi during the pandemic assuming salaries and bonuses are the same across all big US banks - not really...
Layoffs not at all over, but you and everyone should know this already...