Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Next week - more cuts

If the plan is to announce 1/22, bad news will be shared privately next week.

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| 1821 views | | 6 replies (last January 15, 2024) | Reply
Post ID: @OP+1qxJP0II

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The layoff numbers do not include Banemex employees, those will be transferred with the sale.

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Post ID: @3hrx+1qxJP0II

We lost 7k in 2023. We will lose 5k next week. 8000 over two years will probably be a mix of small layoffs and jobs not filled once people leave.

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Post ID: @1mqr+1qxJP0II

where are people getting this idea from that if the announcement is the week of January 22, people will be informed the week prior?

you seem to be saying that the announcement is the week of the 22nd, but the announcement will be the week of the 15th.

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Post ID: @mzx+1qxJP0II

As usual the announcement is unclear on purpose.

350 execs fired since Sep
Some contractors fired in Dec
5000 managers to be fired week of Jan 22
20000 more to be fired between Jan 2024 and Mar 2024?
Thousands to move with sale of Banamex

The clear message is Citi will not be a good place to work for anymore for the next 3 years. The uncertainty will remain. Start looking for a job until you find one.

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Post ID: @lqi+1qxJP0II

BULLSH!T as usual from the Zombie, Joke, De@d Man Walking, Destitute, Cheap and Laughing Stock of Wall Street "Bank" ! ROTFLMFAO !

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Post ID: @xjf+1qxJP0II

Agree. The layoff announcements will be next week. Good luck everyone!

Im assuming similar to what was done in November 23, they made announcements the week of Thanksgiving and the new layer annoucements went out a week or 2 after.

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Post ID: @kqz+1qxJP0II

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