Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Vote for Prop 8. Good bad or indifferent, ask for results and numbers. Is it a risk or not?
Have we seen an increase in risk or not. Its a reasonable simple ask since my money is in C stock…..although it may not have an easy comfortable answer.

https://www.justia.com/lawyers/employment-law/new-york
NYS employment lawyer directory for the Employee and Shareholder Class Action Lawsuit. I'm sure other states have similar directories or you can just look up you state in Justia and other similar publications.

@1jqm+1rVsTq5d: Since its no big deal then, then its ok to vote for proposal 8.
Guys, you heard it, @1jqm+1rVsTq5d, says its no big deal, so go ahead and vote for proposal #8.

Asked and answered. The published management response is literally the report requested in this resolution. Whoop de doo.

I guess the ole “hire DEI candidates even if they are not skilled regardless of risk. We’ll train them and mitigate the risk as we go”, has not been well received which I can understand. It does go against the mantra of “any risk is too much”.

https://www.justia.com/lawyers/employment-law/new-york

NYS employment lawyer directory. by Anonymous Post ID: @zsd+1rQrpYYi

Let us be honest. There will be no 42 B payout.

Citi needs to determine what they want to do: Potentially pay out upwards of 42 billion or get rid of DEI completely.

Agree the veil of protection is wearing away, but not how it is described in the prior comment. There are unskilled folks of all types. Heck, I work with a C15 Director that acts more like a strong C13 individual contributor. When engaged in a technical subject matter conversation, becomes flustered, frustrated, and resorts to condescending comments. Go figure.

It seems the layoffs have created a bit of shock and awe for those who felt perpetually entitled.

You racists and bigots worrying about DEI crack me up.

If there was this push…wink\wink….nudge\nudge…..to hire on DEI candidates regardless if they were qualified or not, then whoever gave the directive (MD\CEO\whoever) assumes the responsibility of all the risk.

If there was no problem, then you’d think that there’d be no issue revealing any reports. The fact that they advise you to vote against such a proposal, tells me there’s something to hide. Something embarrassing they don’t want to reveal.

I’ll be voting FOR proposal #8.

Someone told me much more was lost to the Revlon situation.

https://www.citigroup.com/rcs/citigpa/storage/public/Citi-2024-proxy-statement.pdf

Page 131 is beautiful. I love the part that states that a company lost a $25 million dollar law suit for discrimination against a white employee.

I hope you can join the class action! LOL

The proposal and response is an interesting read. Page 131: https://www.citigroup.com/rcs/citigpa/storage/public/Citi-2024-proxy-statement.pdf

Notice only Citi HR, Exec "Management" and/or the Legal Department are the ones Down-Voting the OP's Thread and the post replies. LOL !!! The Lawsuit will be another weight on the Citi Titanic LOL !!!

I guess its time for exclusive DEI hiring to…..wait for it…..wait for it…..”GET OFF OF THE TRAIN”.

Thank you for this information ! I would get an Employment Lawyer and start a Class Action Lawsuit on behalf of Shareholders and Employees.

The fact that its up for a vote tells me there’s a growing concern over the subject.