Thread regarding Citigroup Inc. / Citibank / Citi layoffs

VP - No bonus and minimal raise

VP, I got 3s across the board

No bonus and 1.5% raise. How worried should I be about layoffs?

by
| 2272 views | | 16 replies (last January 20, 2024) | Reply
Post ID: @OP+1qDEsZtv

16 replies (most recent on top)

That’s the same for everyone almost 1%

by
| | Reply
Post ID: @2whr+1qDEsZtv

The VPs are all the sales guys.. This is what our customers deal with..

by
| | Reply
Post ID: @1lkb+1qDEsZtv

The VPs seem very immature...

by
| | Reply
Post ID: @1elb+1qDEsZtv
  1. 999999947
by
| | Reply
Post ID: @1pys+1qDEsZtv

2 .9000

by
| | Reply
Post ID: @1hfu+1qDEsZtv
  1. 4
by
| | Reply
Post ID: @1muf+1qDEsZtv
  1. 13
by
| | Reply
Post ID: @1fdu+1qDEsZtv
  1. 4
by
| | Reply
Post ID: @1fyy+1qDEsZtv

OP - What was your bonus % last year?

by
| | Reply
Post ID: @1set+1qDEsZtv

I am motivated more then ever to keep my job. The bonus wasn't great but the base enables me to drive my nissan which i really really enjoy so i am keeping a great mindset FOR THIS YEAR

by
| | Reply
Post ID: @1zpb+1qDEsZtv

Bonus is discretionary and guarantee.

by
| | Reply
Post ID: @1xme+1qDEsZtv

You are not the only one in that position, if they were to fire everyone that got a miserable raise the count would be a lot more than 20K.

There is a ~90% chance of not getting fired, I know this doesn’t help with the anxiety but the odds are in your favor.

by
| | Reply
Post ID: @1xwy+1qDEsZtv

Don’t be worried. You are cheap and they want more younger talent who are less expensive.

by
| | Reply
Post ID: @gdn+1qDEsZtv

@sar+1qDEsZtv Unfortunately I agree. This chaos has completely shutdown the positive momentum we were making in Retail Banking. This year is a wash. Preparing for the worst but struggling to see the positive in staying post the reorg.

by
| | Reply
Post ID: @yri+1qDEsZtv

how much did you get the year before?

by
| | Reply
Post ID: @nyh+1qDEsZtv

at this point there is nothing you can do, bonus or not. just prepare for the worst case scenario which is a layoff. I hate that Citi is dragging this out. This is not a healthy environment for anyone.

by
| | Reply
Post ID: @sar+1qDEsZtv

Post a reply

: