Today I and several other people in Citi Frad division were laid off as well as representatives in Quality. The average tenure of those dismissed was 4 yrs or over. It is devastating and I’m just still in shock.
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@fc I’m so sorry for everyone impacted. I was laid off in February.
For the person who is worried about not hitting the full year mark in August, you will receive an email stating your exact separation date. Hope it works out for you.
Until then, 401K contributions will continue to happen and insurance will be as usual.
The last paycheck for your non working period should include your vacation pay. If your age plus years of service equals 60, you will get a full year of vacation less what you have already taken. Otherwise, you will get your accrued vacation less what you have used.
I received my severance pay two weeks after that last paycheck.
I wish you luck in your future endeavors.
It’s almost like they drew out of a hat. That’s how random and poorly selected they were 😞
@OP I have one for you...I was given my 60 day notice yesterday and I would have had 5 years and eligible for retirement (and be fully vested) on August 23rd (my 5 year anniversary) since I am 57 August 2nd. I could lose substantial retirement 401K funds due to missing a few days to become fully vested and I will have to go on COBRA instead of applying for retiree benefits. My Warn notice says my final separation date will be between Aug 10th and Aug 24th. If it's not August 24th, I'm sc--wed
Over 10 years at the bank and let go in fraud as well. Devastated.
Discussion about the Gray/Johnson City lay offs.
https://www.facebook.com/RebeccaPepinWCYB/posts/pfbid02TknSfq1pTZUNwGKgaiJ8tTQGEH54BZDaFF2vCNt6GRM9iZMKbtWniHXyvRy5Ebbol
@OP it makes sense they cut fraud. AML has to work fraud cases, and most of the fraud cases we see are so poorly worked.
Sorry to hear about this, redundancy can be a daunting experience even you resend the job. Please do not blame yourself, take some time to rest. It could lead to something better.
@OP representatives in quality? Do you mean Quality Control analysts?
I heard it was like 35 people from fraud. Smh. I wonder if this round is done or if theyll keep at it for a couple days
Sorry to hear that; did they provide a rationale (AI or offshore) or just you're done?