Lots of freed up $$$ to teach Citi how to restructure and fire people.
12 replies (most recent on top)
@ae it depends on your situation, how long you have been with Citi (impacts how much severance you get), if your age gets you to the "rule of 60" (can help with PTO payout or retirement benefits), etc. If you have not been with Citi very long, get verrrry serious about looking for your next job, use Citi access to Udemy and Pluralsight to upskill, etc.
@fh Aah I see. Thanks
@b5 CARDS organization. Not Tech. Do you really think Citi would be smart enough to choose 1 consulting firm to find cost cutting?
Bain was never in the picture at all. BCG was brought in to form the new org chart after ICG was broken apart. Then PwC came in to do some work in data etc. following the arrivral of Tim in Tech and then Nawani into Enterprise Data. Now, I hear that none of the PwC SOW's have been renewed (most were on quarterly renewals).
Why bring in a completely new, and pricey player, now instead of one of these two? I mean now that BCG is any cheaper than Bain
@ag I can't with my financial situation.
@ae Retire. Worked for me!
I don't have any proper work for over a month now, I do have the day to day nonsense work which wont affect anyone even if I leave. of course I talked to my manager on this and understood he just want a punching bag for stakeholders' punching. Trying in out opportunities no luck yet.. This is my situation, got 3 in the appraisal if that matter, this is my situation, I myself understanding what's coming next. What you would do at my situation?
@a2 if you have to ask that question, you’re probably already on their list.
@a3 you meant layoff will be limited now due to this?
@a2 they make a list, and check it twice.
How is it relevant with layoff?
??