Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Has anyone heard of any class action lawsuits in connection with these layoffs? Asking for a friend

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| 1493 views | | 13 replies (last May 11, 2024) | Reply
Post ID: @OP+1shbv17B

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Post ID: @cppq+1shbv17B Companies are required by law to report the metrics to the State DOL in the case of mass layoffs. Check with NY State DOL and/or NJ DOL.

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Post ID: @cwvl+1shbv17B

I would be curious to know the metrics on the layoffs to-date (i.e. age, ethnicity, etc by country). Is this information public? There were a few 50+ yr olds in the March layoffs. Too young to retire/too old for the job market.

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Post ID: @cppq+1shbv17B

Citi hasn’t let go any H1b’s. It could be one more reason to sue.

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Post ID: @2blj+1shbv17B

Define the class.

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Post ID: @2too+1shbv17B

Would you mind saying which locales- even just continents? Assume USA, but any in European Union or UK for example?

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Post ID: @1uyd+1shbv17B

Hey OP - to answer your question, no I haven't heard of any lawsuits in NY, but know about any other locales

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Post ID: @1gan+1shbv17B

Post ID: @OP+1shbv17B LOL ! "Asking for a friend." That's believable, old and used. LOL!

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Post ID: @1xea+1shbv17B

Studies are showing that companies with a good DEI rating aren’t very profitable.

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Post ID: @1ijk+1shbv17B

DEI is diversity, equity and inclusion. Its good and legal.
However, Citi is hiring lots of Indian/Asians women candidates in name of DEI. In reality, this is not providing equal opportunities to other communities. This can be questioned by law.

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Post ID: @1jyh+1shbv17B

"Citi is holding good in terms of DEI"
isn't DEI illegal

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Post ID: @1ctx+1shbv17B

Yes it is group filing against unlawful termination practices or employment contracts.

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Post ID: @1kol+1shbv17B

Do you know what a class action lawsuit is? Asking for a friend.

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Post ID: @1scp+1shbv17B

I don't think you can take any action / lawsuit except claiming vendor, h1b favoritism or diversity.

  1. For vendor you have to prove your manager is from same vendor and has significant number of employees or consultants from same vendor.
  2. For H1B, you can claim that the "Speciality Operation" employees are turned to "Managers" which they shouldn't be.
  3. Citi is holding good in terms of DEI

Remember, Citi protects itself in terms of regulations and compliance and its very hard to sue them.

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Post ID: @1dcz+1shbv17B

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