Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Citi, a 6. Faith in management a 4.

Out of all the companies I’ve worked for, Citi is not the worse. It’s not the best either. In a scale of 1-10, I’d give Citi a solid 6. On faith in management, I’d give them a 4, which is easy to understand. The emails from management vs. the town halls vs. reality do not match.

Its a mix of “This is where we are going to spend our money, this is the direction we are going” and the person in charge of “that” direction, goes to another role at Citi or quits outright. Then later emails expressing 2 steps forward, 5 steps back, 1 step to the left, 2 forward, halt all movement. Let’s meet over this because we are not sure. Rinse repeat rinse, repeat.

Then there was so much money and so much effort spent over aggressively enforcing DEI, whether it was the “right hire” or not, all the while other companies saw the folly of it and placed it by the wayside, Citi trudged forward.

Just not a whole lot of faith in management across the board. Especially since the core sentiment is that Jane is breaking apart the company and selling it off. Most believe we are trimming down the company so it can be affordable to sell off outright to another Bank.

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| 711 views | | 2 replies (last June 27, 2024) | Reply
Post ID: @OP+1tcVzCW4

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Citi is too big to fail.

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Post ID: @2flc+1tcVzCW4

Things couldn’t be any clearer. The writing is on the wall but management insists/pretends to be on the right track. They are the same people backstabbing everyone around them looking after themselves. All this at the expense of many people who were casualties of mismanagement and an incompetent CEO. There is no direction, no guidance, no trust, and no accountability. How can this company function. It’s broken beyond repair. Too late to fix it.

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Post ID: @cqe+1tcVzCW4

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