Is the latest round over or is it just getting started? With no officials numbers on how many were cut so far, it's hard to tell.
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I was laid off 2 weeks ago and thought my 1,000 person cohort was it until March. Read on another thread that a group in San Antonio was either laid off or is shifting departments, just announced this week. I think a lot is happening in small batches all the time through end of year.
Out of Citi’s roughly 190,000 employees, 175,000 have been earmarked for AI upskilling—an impressive figure that signals nearly the entire workforce is expected to adapt to new technology. Yet the math leaves about 15,000 unaccounted for, and in corporate restructuring language, those gaps often translate into job losses. By highlighting the scale of retraining while omitting the remainder, leadership is effectively signaling that anyone outside the AI integration track may be redundant, making the initiative both a transformation plan and a quiet workforce reduction
@ak What is your source?
Guess the 3500 tech workers let go in Shanghai least year wasn't enough
Latest rumor: layoffs in Tech in Feb and then across the board in March and June
I "think" it's over til the next round in March. But you'll never get real info from inside Citi. You have to get it in the news. Internally our Sr management pretends like it isn't happening and we're the best bank ever.
@a2 Dork
There is no over.
There is no just getting started.
There is only is.
Love, Yoda