Thread regarding Citigroup Inc. / Citibank / Citi layoffs

More Layoffs this Week

Sounds like this week is going to be a bloodbath

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| 4221 views | | 13 replies (last December 14, 2023) | Reply
Post ID: @OP+1q1IkYuB

13 replies (most recent on top)

I told you guys! But you wouldnt listen......

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Post ID: @3zhj+1q1IkYuB

I heard GFT- Tech consultants jobs are impacted onshore and India.

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Post ID: @1pcu+1q1IkYuB

OK then. Name at least two people who were axed today.

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Post ID: @1did+1q1IkYuB

Name at least one person who was axed today.

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Post ID: @1uvc+1q1IkYuB

@usg+1q1IkYuB EMT -4 isn’t even yet aware in my business so how can there be plans for EMT -5 to be cut this week?

Are people just making up lies now to pretend they are in the know?

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Post ID: @qvu+1q1IkYuB

Meh…..This too shall pass…
The one thing that the big C has done for me over the years, is that it has made me numb to it all. Citi has made sure that I’ve been beaten down so much with the threat of an impending layoff that it no longer registers as a problem. Yes, I know that it should but what can I say, it doesn’t.

“You’re safe” “sure, why not”
“You’re let go” “sure why not”

Citi has done everything they could to make sure that I’m as loyal to the company as they are to me. So, I am. I’m as loyal to the company as the company is to me, how is this not fair. Just how they can lay me off with no notice, I too can lay Citi off and quit with no notice.
To me, this too shall pass.

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Post ID: @yff+1q1IkYuB

Work environment is unfriendly and toxic.

It is correct that people were notified in US today.

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Post ID: @cwo+1q1IkYuB

My group is cutting a handful of contractors this week.

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Post ID: @qqp+1q1IkYuB

Vote now:

  1. More carnage this week?
  2. A bunch of unsubstantiated lies from someone who has too much free time on their hands?
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Post ID: @mpa+1q1IkYuB

It is EMT -5 this week and thats all till next year.

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Post ID: @usg+1q1IkYuB

I doubt. The plan is to reduce count in 1q as part of performance reviews.
Performance layoffs doesn’t require to pay severance much.

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Post ID: @lrt+1q1IkYuB

Yes the ~300 MDs announced last week will be let go

D and SVP will be next to go.

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Post ID: @bjj+1q1IkYuB

More info? Were you or someone you know cut today? Where? What team? Or you are in HR and have insider info?

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Post ID: @aln+1q1IkYuB

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