Thread regarding Citigroup Inc. / Citibank / Citi layoffs

PSA - PUBLIC SERVICE ANNOUNCEMENT from someone who has "been there, done that" recently:

Change your 401k automatic payroll deduction to 0 ASAP!

If you got laid off, cash is king, don't worry about retirement at this moment - changing to 0 will increase your paychecks for the non-working notice period. If you think you might be laid off or know you are going to be in next round, keep this tip in mind. FYI - if you lose access, you can still get this info via Total Comp Online.

Benefits - Make all medical, dental, eye doctor appointments and refill all prescriptions ASAP. I called my doctor to tell them I was laid off and they called in extra refills for me. Anything you have been putting off, get done now. I had a couple procedures I'd been postponing due to work.

If you have the Vision insurance, it starts fresh every January - it does not matter if you got new glasses in December. I got new sunglasses I desperately needed and my kid got a new pair of regular glasses.

There are a lot of emotions that come with this, so stay strong and I believe we will all end up better off from this down the road. Peace.


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| 1431 views | | 5 replies (last February 23) | Reply
Post ID: @OP+1khvm5b79

5 replies (most recent on top)

#gold advice on what to do after a layoff

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Post ID: @wa+1khvm5b79

@OP Hi All, I had one more thought/tip - if/when you get laid off - go to Workday immediately and cancel all future PTO on your calendar to make sure you get paid out. You will still accrue during your non-working notice. Change the date on the calendar to your "official" last day so you know how many days you should be paid and write it down so you remember it for later, when you get paid. Best of luck to all.

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Post ID: @vj+1khvm5b79

@aw that's the FSA and I agree. It's use it or lose it.

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Post ID: @ke+1khvm5b79

Also if you have the HCSA or whatever it's called that you pay into, use it! Even though you haven't made the contributions, you can use the value for qualified medical expenses. It comes from all that $$ we all leave behind at the end of the year.

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Post ID: @aw+1khvm5b79

This! We need people like you! Thank you for having our backs!

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Post ID: @ag+1khvm5b79

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