Any news for next round of Layoff?
6 replies (most recent on top)
I love the person who commented by saying that no layoff was needed. That wasn’t the question.
The question was when the next layoff is happening, which has nothing to do with whether it is needed.
June 29th
NY and NJ filed WARN notices for June. Last round it was 286 in NY. This round it’s 430.
@yyp+1sd8Fgrv
Sounds great on theory but just isnt the case. Even if they aren't openly conducting mss layoffs they are shifting people around, dumping work on everyone and forcing weak links out. Do you even work here?
No Layoff for next 6-8 months. Citi needs stabilization and need to accumulate money for next Severance pay.
What I heard is more work pressure and micro-management to happen for deliverables.
They will pressure you so much that you leave on your own without Severance.
Soon, managers are asked to optimize headcount iny team. We are below target, but I think the expectation is to still cut more people.