Thread regarding Citigroup Inc. / Citibank / Citi layoffs

https://www.reuters.com/business/finance/citi-breached-rule-meant-keep-banks-safe-made-liquidity-reporting-errors-2024-07-31/

Another proof that Citi is full of mo--ns, especially the risk departments... But that is what you get when you do not want to pay top buck for the best risk managers.

by
| 741 views | | 3 replies (last August 1, 2024) | Reply
Post ID: @OP+1tNIplce

3 replies (most recent on top)

Post ID: @dnd+1tNIplce You're right! There are job postings that are 125K to 195k when I saw similar or the same jobs and titles 3 months ago going for 165k to 225k. The general trend is that the range is lower even if it's not 50k lower.
These are some of the signs of a Dy!ng bank slowly but surely will get sold in pieces or whole. Wachovia got merged into Wells, BancOne into JPMC, Chemical into JPMC, Credit Suisse into UBS, Bear Stearns into JPMC, etc..

by
| | Reply
Post ID: @lni+1tNIplce

How else can they pay for rolling consent orders- they have to get the money from somewhere… amazed that shareholders are still happy to contribute paying off regulatory fines…over & over & over…

by
| | Reply
Post ID: @zuc+1tNIplce

Check out and look at the internal job postings. Citi literally decreased the highest end of the salary range by about $50,000 for most jobs.
For example, if previous roles were going for #200k to $250k, the same jobs/titles that are newly posted are now $150k to $200k. ROTFLMFAO!
Citi will only get low caliber or desperate long-term unemployed job applicants whose last resort is applying to Citi, BNYMellon and other peer, lower-tier banks
Then the cycle of Fvck Ups, dysfunction and mismanagement continues. ROTFLMFAO!!!

by
| | Reply
Post ID: @dnd+1tNIplce

Post a reply

: