Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Hiring

Management is still hiring external/contractors despite layoffs and less promotions/bonuses to employees in multiple locations. is it part of simplification strategy.

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Post ID: @OP+1jkb5yawe

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Management recently converted a bunch of contracts too which is costly$$$

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Post ID: @bx+1jkb5yawe

Don't trust the job reqs. Bait and switch are common

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Post ID: @bm+1jkb5yawe

is now a good time to join the firm as i see a role that fits my skills perfectly

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Post ID: @b8+1jkb5yawe

Contactors don't hit the bottom line like FTE does.

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Post ID: @ak+1jkb5yawe

Yes, layoff or via “encouraged” attrition of FTE’s and backfill with contractors.
Asia seems to be the hotspot, specifically the China side of the globe it seems.

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Post ID: @a1+1jkb5yawe

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