Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Poor Timing

I get it is never a good time to have layoffs but I find it to be poor taste to announce 12 billion in net income and then a few days later to lay people off. Did impacted people have compensation conversations yesterday and then told today well that raise doesn’t matter to you?

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| 1751 views | | 2 replies (last January 18, 2025) | Reply
Post ID: @OP+1jhthmaap

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I got 3% bonus and raise and I’m wondering do they want me gone or are they about to kick me

How many folks were impacted this week?

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Post ID: @c0+1jhthmaap

Impacted people likely did not have raises or much of a bonus allocated to them. If they're not going to be here any longer, bonus pools are allocated to those who will be in an effort to incentovoze them t stay.

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Post ID: @b4+1jhthmaap

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