Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Is anyone hearing layoff are postponed?

No communication what so ever. May be reassessing.

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| 1941 views | | 7 replies (last January 23, 2024) | Reply
Post ID: @OP+1qH5HvOX

7 replies (most recent on top)

Individuals in this phase were notified last week. The delays are in some orgs sending out until every individual conversation was had. The announcements will trickle in this week.

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Post ID: @1nik+1qH5HvOX

Dude. Layoffs happened last year, layoffs happened this year (and week). Layoffs continue…

What are you expecting? It’s a reorg.

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Post ID: @roc+1qH5HvOX

What is everyone expecting?
An email to all employee saying,
"To Whom It May Concern:
The following employees have been AXED to leave:

John Smith
Peggy Sanders
etc.
"

Also, only 5000 are (allegedly) being let go in all of 1Q. That's 2% of the company. It's really not that significant in terms of sheer numbers. The only "big" news will be if certain MDs/Ds get let go.

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Post ID: @cvx+1qH5HvOX

So looking at the org chart and our Director comment looks like it’s BAU for my group. Good luck to everyone else.

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Post ID: @swi+1qH5HvOX

They are not being postponed, they were communicated last week. The only thing being postponed are the formal announcements.

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Post ID: @amh+1qH5HvOX

Just got email from John Bull on org structure.

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Post ID: @cds+1qH5HvOX

Waiting game blows

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Post ID: @wep+1qH5HvOX

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