Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Exploit the dream

In Tampa or NY it feels like entire teams are dominated by one group, and Indian managers/directors mainly hire and promote people from their own circle. It creates a closed-door environment where others don’t feel they have a fair chance. It’s frustrating and sometimes feels like the American dream is slipping away because opportunities aren’t even accessible to fellow Americans. This is the greatest exploitation in American history.

It feels like some groups and communities tend to form close circles and mainly support people from their own background, and this sometimes extends into workplace dynamics as well. When this happens, it creates an impression of favoritism and makes the environment feel less neutral or inclusiveness. Even from projects to consultants to promoting some one to a director. The biggest exploitation of our dreams.


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| 2311 views | | 18 replies (last December 15) | Reply
Post ID: @OP+1kc41517r

18 replies (most recent on top)

Not just MDs , C13 , C14 levels all are of the same origin. The FTEs dump all their work on the contractors, behave as boss and micro manage all the time . Don't even treat them properly most of these FTEs need to go first.

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Post ID: @11d+1kc41517r

I wonder if Jane knows about this or higher ups

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Post ID: @rb+1kc41517r

In Europe, IT area, is exactly the same.

If you are not Indian you are a pariah of a lower caste and opportunities to promote and prosper are basically null.

Your Indian MD or D will take his goons of Pune and you will be stuck doing the same.

In my area dismantled the IT Polish team although its work was great, better than Indians, just to increase the staff of the Indian gang in Pune. And hire more Friends and relatives.

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Post ID: @q8+1kc41517r

@gc

Tbh, I would not want to work for an Indian manager, even if they hired me. My experience, both direct and indirect is pretty bad. And it is the same for other people I know, just most people are afraid of voicing it out loud. Certain cultures are just not compatible with the current level of social development in the West. Btw, same is true for women - I have seen appalling treatment of women by their Indian managers...

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Post ID: @k0+1kc41517r

@gc this stereotype maybe true in a few cases, but it's also not true in many cases. I'm C14 and India and applied to a 1-2 C14 roles that I thought I would be a good fit for. Not even an interview. I would have applied for those roles irrespective of whether the manager was indian, American white or some other ethnicity

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Post ID: @h9+1kc41517r

@gc

Unfortunately, in Citi 80% to 90% of the Hiring Managers are of Citi's favourite demographic.

Contrast Citi with GS, JPMC, Morgan Stanley, Bank of America, Barclays.

One of these is NOT like the others in standardized test/exam parlance. LMFAO !

Gee, I wonder why CitiTitanic has financial and operational problems ???

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Post ID: @gf+1kc41517r

I’ve started applying internally and if I see an Indian hiring manager, I assume I have no chance.

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Post ID: @gc+1kc41517r

Pretty sure it’s a requirement to be Indian to work in the Mississauga office. All love though to my Indian co workers. But in general it is concerning when you’re in a very diverse city like New York, that everyone on many teams is of the same ethnic group

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Post ID: @cb+1kc41517r

It's not about favorite, it's about different (or rather I say non performance) evaluating criteria, I wish higher management could see(understand ) this...in this case they do understand that manager is biased but don't have any clue on 'why'

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Post ID: @bt+1kc41517r

@bj

Easy. When a Russian becomes a hiring manager they slowly start to hire Russian-speaking. And at some point it becomes like a club - the number of people from the same nationality is above the "critical mass" and nothing can change that unless an external force acts on them.

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Post ID: @bq+1kc41517r

Everyone has favorites no matter what the skin color is:-)
How come one trading group has either Russian or Ukrainian origin ?

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Post ID: @bj+1kc41517r

@as 80% is higher than fact.

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Post ID: @bh+1kc41517r

Well there's more, maybe you don't know as you are not from there,but if you do a little research, you may find 90% of them are originally from same state of India. I am currently going through this, team is mostly Indian and my manager shamelessly pushing one of his direct mostly because he's from the same state as his. No big achievement through out the year but suddenly near year-end this drama started. He even would be covering him in any big prod issue

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Post ID: @b7+1kc41517r

@a3 so only 80% of the hiring should be done on talent and skills ... the rest of 20% should be done based on skin color and accent?

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Post ID: @as+1kc41517r

@a6
Seems like some ones pockets where also full

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Post ID: @ac+1kc41517r

@a3

Glad that you admit there is a problem. Unfortunately the majority of Indian people do not see any issues with nepotism. But as I said, that is true for other nationalities, just people protecting their future. This actually shows the globalization and integration of immigrants have failed in the West, mainly because of the speed at which people were imported. You need several generations for proper integration of immigrants.

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Post ID: @a5+1kc41517r

True. Not only Indian - in LDN French-speaking graduates hire mainly from their Grand Ecole circle. After the war in Ukraine started UK opened its borders and now I observe the same happening in the Russian-speaking circle. That makes life difficult even for people with Oxbridge degrees to find good jobs in finance in LDN. I feel like people pretend this is not happening, but it is and we have to speak up about it. I agree, constantly importing fresh recruits keeps salaries low because immigrants do not understand how high the cost of living in the West is, they look at 50-100-150k comp and think wow, I made it, but in reality this is peanuts in NYC/LDN/Paris. That is why LDN is full with cheap Indian labour, especially at the Big Four consultants, where starting pay is as low as 30-40k pounds for a MSc - level candidates, even PhDs.

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Post ID: @a4+1kc41517r

I am an Indian origin so I have seen both side of the coin. I agree with there are certain MDs they hire their friends and friends let it be Indian or non-Indian.
I was at NYC office, starting from Anand, Ash Nawani they have few favorite Indian folks in their circle and on the other hand I have also witnessed a non- Indian MD bringing consultants from his previous company.
Unfortunately, there are no strict HR and Compliance policies at Citi.
In my opinion, 80% of the hiring should be done purely on talent and skills and hiring report based on ethnicity should be evaluated by internal audit.

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Post ID: @a3+1kc41517r

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