Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Its embarrassing.

The constant re-org and shuffling around, several times a year for two years now. It’s a true reflection of the leadership direction that we have to work under.


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| 1842 views | | 9 replies (last January 25) | Reply
Post ID: @OP+1kfh5qvw3

9 replies (most recent on top)

I’ve seen companies re-org a time or two in a short time but at Citi its really concerning. The constant promo, then that person leaves, then promo again, rinse repeat…its nuts.
This is a compass that something is going wrong. Deeply wrong. Bad decisions, mis management, obfuscated details, mis-direction or directionless….it all feeds into it.
It’s not good at all. So…..if Citi lets me go….ok, I’m good with that.

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Post ID: @r7+1kfh5qvw3

@hv Truth! I get more accurate info from forums and news outlets than I do internally. Senior management just continues the same tone deaf rhetoric of how great we are. Every layoff is followed by Senior emails on "what an accomplishment!" "look how great we are", "look how great we are becoming!", "Jane is our God!". "thank everyone for their hard work!" "We couldn't do it without you". Do what? Be a sacrifice to raise the stock price? Disgusting. These people lie with a smile on their face, collect their millions and sleep soundly. Immoral, unethical, and apathetic fueled by greed.

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Post ID: @j6+1kfh5qvw3

It's even more embarrassing to know the layoffs been disclosed by public media rather than the direct managers telling us

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Post ID: @hv+1kfh5qvw3

I have no idea how to run a company, not a clue one. Here’s the thing though, neither do the upper echelon. It’s obvious as each TH is delivered with a best guess answers with nothing firm. So far, this is the plan.

Re-org, reshuffle, go here, no there, forward….back some…no..wait…hold on…let’s try this….no go back….let’s spend money….hold on…wait a minute..use more buzz words…..I’m not sure.

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Post ID: @ce+1kfh5qvw3

Let's all stop working

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Post ID: @b9+1kfh5qvw3

Place is a absolute joke

The dmv of banks, useless middle managers who have ZERO say in your comp and the MD's are F'ing buffoons hiding behind their most productive directors.

Jane is a F'ing tool, gotta get her bonus and the fake metrics pumped up for the Board.

Clown show!!

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Post ID: @ax+1kfh5qvw3

My org did a shuffle in October. Doesn't seem fair from a YE and calibration POV.

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Post ID: @a9+1kfh5qvw3

An outline of the Citi direction.
Mark everything as urgent, shorten deadlines, provide no direction, underpay your employees and have excessive endless meetings.

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Post ID: @a7+1kfh5qvw3

It really is a joke and reflects a lack of direction. By the time any group gets settled in to a new org structure, it changes again. How are we ever supposed to become efficient when you continually move everyone around?

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Post ID: @a1+1kfh5qvw3

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