Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Comp Day

Has anyone else heard this is happening on Thursday?

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| 2171 views | | 8 replies (last January 10, 2024) | Reply
Post ID: @OP+1qutOB6X

8 replies (most recent on top)

Maybe the Board will reject it, injecting more drama into the situation? =P

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Post ID: @1moz+1qutOB6X

Comp / Bonuses would be announced on Tuesday 16th Jan in US as Monday is a holiday.
Board is supposed to approve (or reject) it this Friday 12th Jan.
If they reject, I guess it won't be happening next Tuesday.

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Post ID: @wwi+1qutOB6X

Someone today claimed the 16th.
If anything, it seems like the "reorg" is taking a bit more time than they anticipated. I would be surprised if layoffs happen this week.

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Post ID: @jro+1qutOB6X

Next week.

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Post ID: @yay+1qutOB6X

My review is the end of the week. I don't know if comp is a part of it yet.

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Post ID: @bkz+1qutOB6X

All major US banks announce earnings 3rd week of Jan. Comp conversations happen around that time and never in Feb. Bonuses are paid in the 3-4th week of Jan.

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Post ID: @xjf+1qutOB6X

Will either be this week or next

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Post ID: @bbs+1qutOB6X

Haven't heard anything. It's usually around the third week of January and paid in Feb. But not sure if that changes with the upcoming layoff announcements they are going to make this month of January

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Post ID: @isl+1qutOB6X

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