It is obvious - people at Citi are just not as smart as the people in other places like Goldman or JPM - simple as that. Mark Mason is a graduate of the world-renowned... wait for it ... Howard University :D:D:D I can see that in my colleagues - 95%+ are bozos with Mickey Mouse degrees from top 500 and below universities - it is just a lack of brain power.
13 replies (most recent on top)
Yes. Mark and Jane were diversity hires, Not merit or competency hires.
OP forgot to highlight that Mark also got a MBA from Harvard Business school. He's been at Citi for 23 years, what are you trying to prove? I guess Mark and Jane are "diversity hires" and you're not happy about that. Hope you have the same energy for everyone on Jane's executive team
Such ignorance 🙄
MANY of my former co-workers from JPM came to Citi within the last 3 years (jumping up in a corporate hierarchy, of course). Some of them later returned to JPM but had to take a pay cut.
For example, an AVP in Finance at JPM gets $90-120K, at Citi $120-140.
For the best of them, citi was just a one/two-year stop before moving on and higher to other companies
Yes Exactly.
Most of the so called JPMC and Goldmans employees were once part of Citi, I know many of my ex colleagues at Citi currently at JPMC and Goldmans and getting paid higher.
8 hours ago by Anonymous | 7 reactions (+5/-2) Post ID: @fru+1qyhdchy
The few top notch employees Citi does somehow snag and SVCKER into agreeing to join Citi eventually Leave Citi a few years later for JPMC, Goldman, BofA where they're getting paid more in salaries and bonuses. JPMC and Goldman Employees' pedigrees are generally better compared to Citi's Employees. There are always exceptions to the norm in every Company. But the norm in JPMC and Goldman is that their pedigrees are better, there are more Employees with graduate degrees and more roles that require graduate level degrees than in Citi.
Post ID: @iqy+1qyhdchy : DJ Sol is a Hamilton College grad. Hamilton is a top 5 liberal college in the US, and even Rutgers is a top 150 uni in the world, whereas Howard University is top 800 at best... I am not an elitist, but the level of people falls sharply in unis below the top 100-150 in the world mark...
Goldmans CEO is an alum of Rutgers. Bottom line the reorg is needed, how it’s being conducted is downright cruel even for business. Shareholders and employees need certainty. JPMorgan shed over 10,000 people in 2022 and you heard nothing because it done quickly. Amazon and meta layoffs were done in a week.
Post ID: @hoo+1qyhdchy : University league tables are racist? I think there are objective criteria for the ranking...
Wow. What a racist post.
@Post ID: @cit+1qyhdchy I will put it this way. Greedy ones are left. Loyal and good people like me stayed regardless of money and positions. Besides the ones left are below average’s not good ones.
Post ID: @fru+1qyhdchy : So you are proving my point then - most of the good employees are gone to GS and JPM :D
Most of the so called JPMC and Goldmans employees were once part of Citi, I know many of my ex colleagues at Citi currently at JPMC and Goldmans and getting paid higher.
McKinsey group….there’s a moral compass for you. True humanitarians.
I can’t believe we paid them millions for advisement that was lame. Naturally the decision maker on that one will never admit that they wasted the money on that bad decision.