Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Getting a 4 & Severance

There has been a lot of back and forth on this topic. Lots of people got 4’s this year out of the blue. The question: are those people
Who got a surprise 4 denied their severance?
I’m talking 3/4 rating with no PIP


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Post ID: @OP+1km9kjxnv

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Consistent 1/2 or 2/2 with bonus for the last 10 years. Got 13% increase this year but got RIF'ed last month. Ratings aren't a guarantee, but if you are given a 4, chances are you are, you are being lined up for the ax. But I know someone who got a 4/4 and PIP but still got the severance package

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Post ID: @1xe+1km9kjxnv

@pb no bonus but full non working notice and severance upcoming. Last day was March 16th.

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Post ID: @vb+1km9kjxnv

4s do not get a bonus

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Post ID: @pj+1km9kjxnv

So are we saying that 4s still get the full paid non-working period, severance, and accrued PTO? I assume 4s did not received bonuses.

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Post ID: @pb+1km9kjxnv

Ratings do not matter I had a high rating with bonus and was RIF’d in March

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Post ID: @jm+1km9kjxnv

@jf but I got email, there will be 60 day non working notice period followed by 12 weeks of severance pay

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Post ID: @jg+1km9kjxnv

Got 4 rating first time after 4yrs, and was told that my role has been terminated, in mid-feb

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Post ID: @jf+1km9kjxnv

Can’t do it without you being put on a pip and have been deemed to fail. Undeserved 4s can be used to motivate people to leave or retire.

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Post ID: @cs+1km9kjxnv

I got a 4 for the first time in a very long career last December. During the short mid-February zoom call with the managing director, where I was informed of the elimination of my position due to 'restructuring', I was given a verbal statement that I was entitled to x weeks of severance. I await the docu-sign package that confirms the severance.

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Post ID: @cn+1km9kjxnv

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