Thread regarding Citigroup Inc. / Citibank / Citi layoffs

1K layoffs are being reported by the media too

They're happening this week. But do we know if all the cuts are US only?


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| 3561 views | | 11 replies (last January 14) | Reply
Post ID: @OP+1kewfz9m5

11 replies (most recent on top)

@dt Didn't we shift a lot of KYC work to CR several years ago and then pulled the plug on it? Here we go again. We continually recycle the same plan.

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Post ID: @e0+1kewfz9m5

They announced the new site strategy earlier. Costa Rico and Mumbai are the LCOL that they’re looking to move US roles to.

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Post ID: @dt+1kewfz9m5

@da if global then is 1000 is only NAM number?

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Post ID: @ds+1kewfz9m5

Has it started yet?

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Post ID: @dr+1kewfz9m5

It is global. I'm in EMEA and have to cut my team by 5

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Post ID: @da+1kewfz9m5

150+ houses will be on sale in the North Texas area. Those who are on maternity/paternity leaves, disability leaves will be spared for a few months and then fired!
Firing hardworking American Citizens is immoral! The department of justice and DHS should look into immigration fraud, H1B, H4EAD favoritism, casteism etc..
Big companies like TCS, Wipro, Virtusa are manipulating by giving secret packages to Citi higher managers. All immigration folks, contractors should be fired first before firing the employees. Shame on the Citi IT department and the useless ethics department!

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Post ID: @c9+1kewfz9m5

@b5 Citi has low cost locations in the USA States of Delaware, Missouri, South Carolina, Idaho, Illinois, North Carolina.

Unless you're in one of the above, you're in a high cost location.

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Post ID: @b8+1kewfz9m5

@a6 All of the US is considered high cost locations with the exception of Jacksonville, FL

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Post ID: @b5+1kewfz9m5

Such a great feeling... Waiting to hear if you get a bonus or a pink slip.

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Post ID: @ap+1kewfz9m5

High cost locations . Whatever that means nowdays

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Post ID: @a6+1kewfz9m5

We do not but can only hope (makes my odds better).

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Post ID: @a4+1kewfz9m5

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