As has been mentioned time and time again, if you can’t pay adequate comps the easiest and cheapest thing you can do is let your people work from home. Its a win all the way around. Employees get to save money on travel, lunch, auto wear and tear... — read more
When is Layoff Happening
When is layoff happening, this month or next. With $600 milion reserved it would seem like another 7k to 10k layoff and only in first quarter. Are people getting calls and laid off. Are they targeting people who work remote, on leave, near... — read more
Did executives just see AI language processors and the likes and think BAAM we can put it to work, replace workers, and save us money?
It seems they think it's that simple from the whole rhetoric around it. Do they even realize Citi is far from having the talent to implement it and even if it did at one point, it might be always too much risk to use it as they might be envisioning... — read more
A meme that explains why Citi can’t draw or retain top talent for very long.
There’s a meme I saw that rings true: “I found a software error that’s costing the company 18 million a year at the company I work for but I haven’t told them because they told me “no” when I asked for a raise” Citi though has another spin on it:... — read more
Two MD in Finance I worked with are gone last week
Layoffs are still going? More to leave?
We were told no more promotion for excellence of work but only for change of responsibility. But what happened to the 8500 promoted this year?
I got 1:1 performance review. Been a VP for 10 years, Was told no promotion because of the Citi promotion is only for change of work scope. But my colleague in different team who has been doing the same routine work for 5 years are promoted in seat... — read more
What the heck??!! Citi Promoted More Than 8500 Employees
These people do whatever. NEW YORK (Reuters) - Citigroup promoted more than 8,500 workers as of January 1 as part of its year-end process, the bank said in a statement on its website on Wednesday. "This is in addition to the nearly 23,000 Citi... — read more
Tech SVD or D they are not allowed to work on coding/dev task or they don't know?
If they are not allowed/dont know coding/tech task then the problem is most of SVP/D even dont know how to give direction to team, what is the purpose of these people and roles?
Why top Executives leaving citi
Top Experienced Executives seems leaving , Is it good for citi
Hiring
Management is still hiring external/contractors despite layoffs and less promotions/bonuses to employees in multiple locations. is it part of simplification strategy.
This board used to be for layoff updates or new and occasional cerebral knowledge sharing about the company. What happened.
There’s lots of distracting insulting one liners spouting off non-related rhetoric of no use. Normally an employee would not adhere to such tactics so as to get to the core of the updates of whats going on. So, most likely, such an individual who... — read more
Executives Are Quitting to Spend Time With Family … Really
Why recent departures of executives memo’s were announced as they are leaving Citi to “spend time with their family’s”?
Citi Sticking w/Hybrid
It's official for now. 😉 I hope it stays this way. My site doesn't have the capacity for 5 day anyway. They had to give a positive after the extra cr-ppy bonuses and raises... — read more
Massive Ego or Mentality?
I just want to ask, is talking down to people a thing with Citi's environment or a cultural thing? Or is it their ego? Been here for some time now. But the general tone and expectation from middle managers is that they genuinely believe they're... — read more
You are what you do.
So let’s ask ourselves… Does Citi management lie? Do they misrepresent the truth? Do they obfuscate? Is Citi cheap? Do they make sound decisions that make sense whether its popular or not? Is Citi fair? Maybe the answer is yes, maybe its no. ... — read more
Awesome….just freak’n awesome. I do have to thank you Citi, you helped me prioritize.
Ranked a 2/2. Raise: 1K Bonus: 1% Certainly NOT worth the effort put in to get that 2/2 and it certainly sets the pace for 2025. Work just hard enough to keep from getting fired while I look elsewhere. I foresee in my future my meeting attendance... — read more
The Citi sacrifice.
Working sick doesn’t prove dedication, it proves a broken culture. If your rest feels like weakness, your workplace is draining you. In the right culture, rest is strength. Wellness isn’t just allowed, its what keeps you at your best. You, as an... — read more
Transformation roles
Does anyone know what happens to all the people who are tagged under transformation, working on the consent order projects? When these are over are they going to layoff all these people?
Funds not deposited yet today
It's payday and bonus day today! I checked my account at 7:30 am and have not seen them deposited yet. It's usually deposited before 6:00 am. Is anyone experiencing this?
Finding a job?
All those who were laid off last year, have you found your next role yet? Please share your experience.
Why are threads being removed.
See Jane talks to MD’s thread earlier today. Mods what’swith your censorship. Also applied to “Layoffs over” thread. This place is done baked and over. No useful info to be had. Glassdoor is where it’s at..
Jane on quarterly Conf Call with MD’s answering questions..
No layoffs planned past Q1 Hybrid work model not in question Great news! I love my sh---y bank.
I truly hope that we as a company do NOT use deepseek.
For any company, for deepseek….why trust it? Its like you have a pile of cash on your counter and you’re going away for a few days. You leave a well known compulsive gambler to house sit for you while you’re away. Who’s fault is it really when... — read more
DEI
Do you think citi will get rid of DEI and layoff everyone in that department?
World going too fast our leads going too slow why?
World is now talking about deep seek still our AI leaders don’t know the basics of AI but still they want to lead with zero knowledge, step back leads and give steering to the one who knows.
Why so many members of C-suite leaving?
Noticed that since the last month there has been so many senior leadership people leaving. Anyone has any tea besides the cost cutting reason?
How many of you feel like a lot of managers don't do a thing?
They seem to just relay messages from one level to the next and they think that's work. A lot of them just do their little townhalls never to be seen/heard of again and never seeking any type of tangible improvement or ideas in their departments. And... — read more
I love my team and my colleagues but can’t stand Citi.
My colleague left Citi at the same salary but with a better piece of mind where he is at. He’s trying really hard to help bring me on board. I so hope that it happens. A lot of years we have “record revenue” and profits are high but we get measly... — read more
Is citi still cutting people?
Strongly considering jumping over since they announced RTO 5 days at chase bank.
Does Citi track badge in and badge out time while in the office?
Does Citi track badge in and badge out time while in the office?
Voluntary retirement options for employers
Citi soon announcing Voluntary retirement options for employers !
DEI Org
Any news on if Jane is going to hang onto the DEI Org structure? The DOJ's Civil Rights lawyers and regulators have been tasked with coming up with a list of targets for each economic sector and Citi seemed to have really leaned into this.
W-2 release date
Anyone know when W-2 tax forms will be released at Citi for 2024? In prior years it was always by January 15th or prior
Everyone say “hi” to the Citi employees assigned to check this site every few hours and report back to management what is being posted.
Hey there guys.
This is not doom and gloom folks, this is reality
I don't think some of you are getting the message. Citi does not want or care about your happiness. Contrary, they want you to leave. Employees are one of the largest expenses and cutting expenses lifts the stock. The ELT cares about themselves and... — read more
RSU payouts
What date to RSU shares get delivered into Computershare?