Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Citi eliminated my position back in March/2023 - My salary vs. CEO SALARY

To my Citi friends getting bad layoff news this week; you will be fine, plenty of good opportunites out there.

So, I was eliminated from Citi (job discontinued or JD'd in Citi speak) as I was only person in my team not near a "go-to" Citi office. The Back to office steps in process....
64 years old, 16 years at Citigroup.

An interesting salary fact-oid. I made $94k year and that $94k is what the Citigroup CEO Jane Fraser earns each day at her Citigroup base salary (260 working days x $94k = $24,500,000)

Citi board of directors, a pretty clever group. The board members are in the same club, making an average of $18,0000,000 per year.

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| 3531 views | | 6 replies (last November 23, 2023) | Reply
Post ID: @OP+1pGsl2BT

6 replies (most recent on top)

The wonderful world of Capitalism

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Post ID: @3tot+1pGsl2BT

"Citigroup CEO Jane Fraser earns each day at her Citigroup base salary (260 working days x $94k = $24,500,000)
Citi board of directors, a pretty clever group. The board members are in the same club, making an average of $18,0000,000 per year."

they are not worth that amount of money and can be easily replaced
the system is grotesquely corrupt
bleep, even China is not this bad

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Post ID: @1fya+1pGsl2BT

Wait VPs making 240K??? Wow I’m underpaid

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Post ID: @1gpc+1pGsl2BT

yeah, VP's get 240K. that's what I thought. More than most people.

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Post ID: @hen+1pGsl2BT

Were you able to find a new role? ( I’m close to your age, so curious how hard it was)

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Post ID: @jtc+1pGsl2BT

I thought everyone at CITI was a VP and earned 6 figures. Shocking lol

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Post ID: @jnb+1pGsl2BT

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