No matter what your role is or which level you are, at Citi, you are disposable or replaceable for whatever reason at any time. If you have somehow managed to convince yourself you're safe, think again. I'm not saying this to be mean, I just don't want people to find themselves with a rug pulled from under their feet because they believe that this place cares about anything other than money.
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This applies to every corporate at anytime of the year. People were getting laid off prior to the official announcement!
FYI-
Consult with experts on your exit
If your company wants you to sign a noncompete clause, you may want to negotiate for that language to be removed from your severance agreement, said Vicki Salemi, career expert at Monster, as that may free you up to entertain more companies as prospective employers.
An employment lawyer may help you negotiate those terms.
Additionally, if you're looking to better manage the tax implications of the money you receive, you may want to talk to an accountant, Salemi suggested.