Lots of layoffs this week of SVP levels and higher. Once again firing older workers that will be replaced with junior staff in offshore locations. It is clear that All that matters to Citi is cheap labor, to hell with talent, expertise and offshoring risks. Remember, Citi, you get what you pay for. SHAME ON YOU FOR HOW YOU TREAT YOUR EMPLOYEES.
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Its all about the $$. The needs of the one out way the needs of the many.
Massiv restructure in technology, combing plan, build & operate functions resulting in departmental reviews later this year. Further cuts to be expected
layoffs tomorrow, O'Fallon will be hit hard
Expected! they sold of the mortgage division and Costco cards was supposed to be answer. Most jobs are going to Tampa and Jax.
Good Technology Infrastructure managing directors and directors have been let go.
Let’s be honest tho. Citibank’s technology is garbage.
Retail NAM is an absolute sh--show. Glad to see Will Howle “retired”. Dena Rotten has to be next. Many others need to go.
THIS is what a zombie bank looks like people. THiS is where our tax dollars went.
So many many more to come. The list is growing every day.