Thread regarding Citigroup Inc. / Citibank / Citi layoffs

SVP or D level

I wish I would have been in SVP or D level to not get axed. So far what I have seen only these levels are in decision panel and only vp avp getting cut. Which makes no sense though because they again hire new resources for those positions once the wave is crossed. They don't have any idea what are they doing (an ordinary VP has better understanding) just thinking themselves as king and cutting people they don't like not on merit.


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Post ID: @OP+1krn47n6y

7 replies (most recent on top)

@aq confirmed! VP are on the target from high cost locations

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Post ID: @2d5+1krn47n6y

Talking about those incompetent SVPs and Ds I'm seeing infront of my eyes who removed few awesome VPs maybe to save their own back and kept those bootlicker VP who's only capability is buttering.

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Post ID: @ct+1krn47n6y

The March wave had Ds and MDs in it. Not sure what you're talking about.

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Post ID: @cs+1krn47n6y

Too young too naïve

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Post ID: @bf+1krn47n6y

There is also a major initiative to get rid of VP (and maybe AVP’s) out of the high cost locations

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Post ID: @b3+1krn47n6y

This is not true at all. Of course the volume is lower because there is less of them but they are impacted as much as us. I mean its probably more visible to with the constant email updates on alignment changes.

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Post ID: @aq+1krn47n6y

I have seen SVPs/Ds go this year, no one is safe when they swing the bog axe. Decisions are taken waaaay up - couple of levels below Jane.

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Post ID: @ap+1krn47n6y

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