Thread regarding Citigroup Inc. / Citibank / Citi layoffs

High level people dropping like flies now.

Treasurer is out, guess he knows how bad its going to get since he manages the balance sheet LOL

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| 1702 views | | 10 replies (last October 19, 2023) | Reply
Post ID: @OP+1p7Iww3z

10 replies (most recent on top)

Sinking ship. Big leadership problems in Citi!

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Post ID: @3zfe+1p7Iww3z

The correct term is “A Managed Resignation”…………..

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Post ID: @1bdd+1p7Iww3z

I worked at Citi for over 30 years and was let go beginning of this year. When my colleague told people I retired, I told her tell the truth I was let go, and that I saved enough money to not have to work before I retire, and I am great. I even thanked my manager when she laid me off since I got a year severance plus unused vacation days This is all the truth.

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Post ID: @1hdf+1p7Iww3z

Do you really think that people would say they are running as far and fast from the company as they can to the press? Several others were said by management to be leaving for other opportunities but were actually let go. It's called keeping up appearances.

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Post ID: @1pob+1p7Iww3z

Not a good sign. Jumping ship or being pushed out.

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Post ID: @vro+1p7Iww3z

“departing to pursue other opportunities” doesn’t sound like retired or jumping ship. That’s generally the language when pushed.

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Post ID: @dej+1p7Iww3z

after being at Citi for 33 years, it may be as simple as retirement for them.

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Post ID: @spc+1p7Iww3z

@rav+1p7Iww3z
https://www.bloomberg.com/news/articles/2023-10-16/citi-treasurer-mike-verdeschi-to-depart-after-33-years-at-bank#xj4y7vzkg

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Post ID: @gxk+1p7Iww3z

Where did you see/hear this? If you saw an article please post. Thanks!

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Post ID: @rav+1p7Iww3z

This is not a good sign

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Post ID: @yoq+1p7Iww3z

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