Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Post ID: @p6+1jn66saet

Apparently in $hitibank Fvcked Up "Math" $280 = $81 Trillion.

This is Normal and BAU in $hitibank.

It's unfortunate $hitibank didn't make CEO Jane Boraxe's Salary and Bonus = Zero $.

But $hitibank sure as H3LL made employees' salary and bonus increases Joke Laughable Lilliputian or Zero $ !!!

Have bargain basement controls. Goal your people or demand that they make them work like top notch expensive controls. Use words like “it’s not an option”. This just makes it all happen. Sweep any shortcomings, you know like a 81 trillion $ mistake under the rug so that Jane’s bonus is not affected.

This is ridiculous instead $280 how come the transfer went to $81trillion that is simply 81+12 zeroes (81 billion). Is it truly a “near mess” situation?

Post ID: @na+1jn66saet Obviously NOT in $hitibank. No other bank has $hitibank's problems and Fvck Ups.

Every bank makes money transfer errors, but obviously $hitibank's money transfers and wire errors are so dysfunctional, nightmarish and monstrous that the Media and Internet get wind of the Fvck Ups asap ! You don't hear or read about GS, JPMC, BofA etc. accidentally wiring Free Money to the wrong recipient US$900 Million, US$81 Trillion, etc. do you ??

Per your post, there are NO automatic flags in the system set in place for these kinds of errors, or at the very least some kind of big red warning signs in $hitibank. This is one reason why $hitibank is always and forever buried under a mountain of Consent Orders and MRIAs from every Regulator on the planet including international Regulators, Not just the ones in the USA.

$hitibank does NOT know its AS$ from its Elbow. It's No wonder there are NO automatic flags, controls, triggers or red warning signs in its Stone Age & fragmented "technology"! ROTFLMFAO !!! $hitibank is FUBAR.

Shouldn't there be automatic flags in the system set in place for these kinds of errors? at the very least some kind of big red warning sign?

LOL.
You gotta give Jane credit. If nothing else, she knows how to look out for herself.
I’ve said it before, I’ll say it again. Jane is the original OG.
She’s proven time and time again, that she’s going to get hers by God.
Everyone can succeed or fail, the company can succeed or fail…it does not matter.
Jane will always always get hers.

@ax+1jn66saet

Of course it wasn’t reported because it’d jeopardize Jane’s raise and\or standing in the company with the board. It makes sense. I don’t think that way so it totally escapes me. I simply don’t think like she does. You made a very good point.

This couldn't have been reported earlier because this could have jeopardized Jane's raise.

Why was it not reported until now? 81 trillion is a rather huge mistake.
Doubtful at the onset it was looked at as “Well, no biggie. No harm, no foul.”
I mean if it was, that in itself is a problem.
If it wasn’t, then was it looked at as “well, no one noticed, let’s just sit on this and see if anyone catches on.”

No news here. Think about it…it happened in April, why report it now? Who did we pi-s off? I acknowledge that there are weaknesses at Citi just like at any other bank but it is improving.

P.S. I am not HR or RM. Actually, I am someone that is annoyed by some of our internal practices including the lack of transparency, under-par compensation and constant “change” that results in inefficiencies.

Doesn’t appear to be a near miss. It could have been a desperate attempt by whoever involved, and they must be investigated and fired.

Don’t forget to layoff even more people and make those who are left to pick up the slack. Doing this really irons out all the wrinkles.

My absolute favorite are the TH meetings where its asked if there are any problems. So someone says that reporting or inventory is inaccurate. The TH speaker then says something to the tune of “I challenge you to fix it. No one knows what’s wrong more than the people who use these systems. Who better to fix it.” and the person relating the problem is just a user. They are not a coder or a programmer. They don’t have the technical know how, they are just employed as a user of the product but now that they had a complaint, they’ve been told to fix it themselves.

This is a tongue in cheek method to shut people up. A way to tell the people if anyone complains, I’ll throw the ownership onto you.