https://www.ft.com/content/eb633a7e-57aa-45ac-acad-ea520ba6de7b
Regret leaving Citi for Jpmc
Jpmc called people 5 days in office and scrutinize people down to the hour trying to make sure the hours in office match their expected time. Citi has a lot of structural issues with not very smart leaders but atleast Jane is empathetic of people... — read more
no action
I noticed it seems to be business as usual, its almost like being an employee in Citi is like being in a bubble, not noticing how the Stocks and regulatory fines are affecting Citi. Its almost like it never happened. Citi operates like its not having... — read more
Comp numbers thread 2025
Starting it to check how do things look: I got mine (Risk): promotion + 15% increase + 25% bonus. No signals for imminent cuts. How are things on your end?
BBB “F” rating for Citi?- - -Ouch
The Better Business Bureau gives Citi an F rating because it's received a high volume of customer complaints on the BBB website and it has failed to respond to many customer... — read more
JPMorgan employees wants to unionize too...
https://www.wsj.com/business/jpmorgan-chase-disables-employee-comments-after-return-to-office-backlash-19199a4a
Compensation
From starting Monday (Jan 13), all of your direct manager will reach out to you for the discussion about the hike and bonus for 2025. Be Ready !!!!
True happiness at work comes from feeling valued , not just employed.
Just food for thought as you get low balled on comps and re-leveled at a reduced salary. Enjoy.
If your rank is a 1 or 2, can h/r still
Low ball you with compensation and bonus?
EOY rating vs compensation
There is HOW (Leadership) WHAT ( Risk/Financial/Client) does it matter and does it do anything if I have 3/3/2/3 or is it still 3/3 ?
3/3 rating and best review ever
Usually a 2/2 but 3/3 this year. However, I had the best feedback from a manager ever. All praise. I know some say a 3/3 is not bad, but nothing in the feedback was negative. Oh well, not surprised. I try but people can tell this extended... — read more
RTO now all days?
Is RTO now all days?
Remote
B10 officer roles. Thought hourly roles were remote? Did that change?
It does not matter unless you are in sales
Go above and beyond your role to help others across business or silos, volunteer as a leader in an affinity group, receive accolades for innovation….. none matters when your boss says “i had to mark you down nothing i can do about it.” If you don’t... — read more
Does not matter without revenue
Unless you have a quota and bring in revenue from sales, it does not matter. Go beyond your role and help others outside your business, develop great relationships that are effective and productive…. you will still get marked down because it is... — read more
uneasy feeling coming up for next few months
Do you not find it strange about lower rating, remaining quiet about any bonuses coming up. Being more strict about return to office. I remember managers reviewing attendance at the end of the year last year and had meeting with employees that were... — read more
4/3 PIP
are people with a 4/3 and on a pip, eligible for internal mobility. I would imagine it would be hard if a hiring manager asks for a rating.. but curious as a matter of policy, is internal mobility allowed.
In-seat Promotion
Any idea? What will be the no# this time.
Chase is back to 5 days a week in office.
For a segment about Chase they mention Citi extensively. I really hope we don't move this direction, but if we get a new CEO it will happen in short order. https://youtu.be/8vwEbP9nfuY?si=8gcNJcUo_K9IpNUo
Sick of Citi
Someone emailed me today and asked me a question. I'm over it!
What are the biggest drawbacks to retiring early?
I'm not there yet, but I'm surprised more people are not doing it. I'm wondering why.
Has anyone actually seen their Comp #'s
All this talk about reduced salary and no bonus' this year, but has anyone actually seen their salary cut? Or gotten a 0% incentive that can speak out of their mouth instead of the ar-e?
Layoffs again
Am tired of this cr-p
Sioux Falls
How’s Citi in Sioux Falls? Thinking of coming over.
No spark, no direction
The people in charge think holding steady means success. There's no plan, no vision, and no push for anything better. It’s just the same old story, day after day.
Managers MIA
Are your managers MIA too? Mine manager has been barely around lately (and they were not out much for the holiday and usually working, emailing us all the time, IMs, etc no matter what. They've been kind of non-existent since they got their annual... — read more
Citi’s Stock Is Talk of Wall Street as Analysts Scrutinize CEO Fraser’s Performance
As Jane Fraser enters her fourth year as chief executive of Citigroup, the Wall Street analysts tracking her progress are telling investors that they have high hopes for the stock. Some bank analysts have named it their top pick, or among their... — read more
Easing up on regulation.
I just watched a segment on CNN about how Trump wishes to ease up on banking regulation. They did not go too much into details as its all speculation until legislation is actually presented with proposals. There’s no telling as to how this will... — read more
Layoffs
Another big one is coming?
Citi stock to double in three years
https://www.reuters.com/business/finance/wells-fargo-names-citi-dominant-pick-predicts-stock-double-three-years-2025-01-03/
H1B - Streamlining
The H1B visa program is designed to bring skilled workers to the U.S., but the hiring process for these workers needs to be streamlined for efficiency and integrity. Verify Authenticity of H1B Candidates: Companies should ensure that H1B... — read more
Ruin Careers
Citi, has a pattern of hiring people, keeping them for a while, and then letting them go eventually. When you first come on board, you hear all the buzzwords—talk about the company culture, how things are changing, and how your voice will be heard... — read more
More Layoff Coming
Upcoming weeks more layoff will kicks-in and target on high cost centers first. Be ready folks.
lies
citi lied to public about fte numbers those numbers are much higher than reported from active directory we have 231k
For my 2025 New Year wish is for the board to pay attention and realize that the “Jane more of the same” is not working.
Now the the “first female CEO etc…” excitement is over with and has lost its shine, may the board start looking at results. Are we better off now than we were two years ago? In comparison to our banking peers, have we grown as much in market share... — read more
US Time Off / Vacation Planned Holiday drastically reduced for 2025
Has anybody noticed that we are losing 12 days of PTO next year? It wasn't like i was using them all but we are getting far less than these past couple years,