Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Bonus announcement delayed

https://www.efinancialcareers.com/news/2024/01/citi-delayed-bonuses

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| 2261 views | | 6 replies (last January 12, 2024) | Reply
Post ID: @OP+1qwidXRT

6 replies (most recent on top)

I had my review Wednesday.
Raise increases will range between 1-2.5%. Bonuses will be mediocre.

People managers are waiting for the ok to deliver the bad news.

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Post ID: @1jhc+1qwidXRT

Of course, bonus announcement will be delayed because layoffs will be announced in the 4th week. First layoffs then bonus

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Post ID: @dkw+1qwidXRT

Agree with @ijg+1qwidXRT

That link is click bait... No sense doing bonus announcements on a Fri ahead of a long weekend off Monday in the US with many people out. 16th, Tue, is the next business day and an obvious better time to do it.

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Post ID: @spq+1qwidXRT

Any news on salary increases? I already heard no increase for CPB NAM.

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Post ID: @ijg+1qwidXRT

Nothing is delayed. My bonuses were always communicated either on or after earnings announcement date (up to a week later, depending on how busy my MD was). Sarah Butcher has never worked in a US bank...

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Post ID: @poo+1qwidXRT

Well at least Jane got her 23 million dollar raise, that’s what matters.
Well played Jane, well played.

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Post ID: @tin+1qwidXRT

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