Jane's is at the core of Citi's problems

Jane joined Citi 20 years ago, right before the sub-prime crisis. She has been a major leader working closely with many of the worst CEOs in Citi's history. It is a crime that Jane is still Citi's CEO.

She gave herself huge salary raises over the past 5 years, doubling her salary over 5 years while tanking Citi's reputation, creating a toxic work culture and an inside joke is how bad Citi's employees have it. Too many manager's with ego's, they limit daily ability of staff to get work done. 90% of all work is done on excel spreadsheets emailed to each other. Most of the employees know it is a seriously toxic work environment. It is well known within Citi that the best way to get a pay raise or promotion is to leave, then come back.

Jane has treated Citibank as her personal piggybank while laying off many employees who were good and many who were not so good. Citi has had the worst bonuses and pay increases over the past 5 years. Some years, there were $0 in bonus and pay increase while Jane's salary almost doubled over 5 years as follows:
2020: $17.5 million
2021: $22.5 million
2022: $24.5 million
2023: $26 million
2024: $34.5 million

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You guys are delusional. You can’t see the forest for the trees. It’s a game to her.
How can I get the most money each and every year from Citi regardless of how good or bad the economy is. What can I say or do to sell to the board in order to get more money from them each year.

You can take all the corporate buzz words, place them in a concrete box and sink it in the ocean. It has nothing to do with growth, trail blazing or transformation. Those are just words that the sector is using that she’s touting. Its like ingredients to an evil “get me money spell” that she’s weaving. Its all about the Benjamin’s.

You guys who think she actually cares are delusional. She doesn’t, its the money, that’s the goal. Money for her. You can’t see that by now?

When Jane took over as CEO, stock was trading between 74-77$, seeing the inflation, dollar value and Citi businesses sold, current value doesn’t justifies fat increments

Jane doesn't decide her salary, the board does. The ignorance in these posts is alarming. To the original poster, do you have any idea how much the stock has gone up in the last year?

I hope you're joking or just a troll. She needs a pass because she's a woman? Please do not belittle women in this manner.

Jane is the best... I wish I made that much dough

Not just Jane, CFO, COO are part of sinister plan. Spent hundreds of millions on the overpriced consultants, sold businesses to improve results, firings which led to losing lot of good people and list goes on…

Same is happening in other banks - how come so many people from JPM joined Citi in the past 3-4 years, if they were so happy with the 200% pay increases they got according to you? Working for a big corporation is sh-t for many years now - shareholders are put first...

If her other banking peers are making more, then she feels the need to match what they are making. If you think differently then you are trying to keep the women folk down.

If she’s making the same, then she also needs to be excluded from assuming any risks from any bad direction or results as a result of her decisions.

If she’s making the same as her banking peers AND you expect her to answer like they do in regards to bad decisions she’s made, then you are trying to keep women from progressing. Thinking that she needs to answer for any ill press or results means that you are not sensitive to the needs of females. She needs a free pass on this.

Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Jane's is at the core of Citi's problems

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