Shake up in Citigold and Citi Investments. Who’s next ?
Mortgage?
Retail Consumer Bank?
Division execs need to be Rif’d along with useless sales directors. Area Directors will be thinned out. Should compliment the horrendous voluntary terms happening in retail.
Maybe they’ll transfer back all the mo--ns in KYC. Lol.
IPB (international personal/ private bank) had 50 Layoffs all bankers and assistant bankers in San Fran, Miami, and NY.
Citigold: 8 of 14 Market Managers got RIF'ed Thursday. Remaining teams will be have 60+ CRMs reporting to a single Manager.
I am on the mortgage team...got laid off today after 19+years....
Cards IT development groups too. Large numbers
It's happening in Retail Bank and Mortgage as well. Today is the notification day. I'm hearing teams have been reduced to 20-60% on average.