If you’re let go, you are on the job hunt. If you are not, then you’ll be expected to pick up the slack for those that were let go, which means double the hours but certainly not double the pay. Your raise and bonus (if any) will be at the absolute lowest while they try to make up for lost revenue and try to back fill at lower much lower pay, so they can ramp them up to replace you. Don’t worry though, Jane will still be handsomely rewarded for a job well done.
2024 will be a bull market. Maybe not at the first of the year and maybe not for Citi, but there’s a very good chance it will be a bull market. Companies will start hiring again, make your move. Branch out beyond the financial sector. Give the middle sized companies a chance. You’ll find that middle sized companies may not be able to offer you the same perks so that offset that with higher pay. You’ll also find that a data analyst at a financial company can also be a data analyst at a tech company or in the medical field or in the aviation field or automation etc…. you don’t have to only look at finance.
“I don’t want to miss that severance”, you do realize that there are ways around paying out severance, while not popular its still doable and easy. There are tons of metrics for which they can pick from to show “you are not up to par” and to manage you out. Many in Citi will find this out for sure. You’ll be an average or better than average employee for which all of a sudden “you’re just not meeting expectations”, placed on a PIP and its downhill from there.