Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Decrease in pay if they illuminate your directs

Has anyone heard any rumors about this? I’m wondering if Citi will do this or if they legally can. I just assume they’ll decrease the bonus instead of a pay decrease.

by
| 961 views | | 3 replies (last April 12, 2024) | Reply
Post ID: @OP+1rYz4L32

3 replies (most recent on top)

I lost my direct reports-- no impact to my pay. Still a VP, just no manager in my role now.. went from Senior Manager to Lead Analyst.

by
| | Reply
Post ID: @2eep+1rYz4L32

In rare instances you get an option to take a package as a manager position has been eliminated or work as IC at lower rate. this only happens if you were at the top of the range

by
| | Reply
Post ID: @plx+1rYz4L32

This is not a thing...

by
| | Reply
Post ID: @pin+1rYz4L32

Post a reply

: