All is quiet. Everyone was told that layoffs are over with except with a few instances of it here and there. We’ve all heard this before and it turned out to not be true. So here we are, waiting. The rumors about April layoffs are abundant, so we wait to see if its all truly over or not.
You then factor in the bonus incentives that’s been reduced for upper upper management and hope that has no bearing on any hasty, rushed bad decisions as a result.
So here we all sit and wait to see what if anything happens. What speaks volumes to me is that the number of people who say they’d gladly take a severance package and move on, is growing everyday. There are those that say that as a defense mechanism, a way to say to themselves that they are in control and there are those who really mean it. Either way, the number is growing. I believe that this is a result of this multi year sit on the edge of your seat to see if you are “worthy” to continue to work at Citi and…..we wait.