Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

IC - Matrix Manager

Just curious if someone demoted from Manager to IC in the same team , can that same person again become Matrix Manager of same people as an IC ? Sounds like HR is clueless at Work Day or Global Directory. What the he-l happening !!

Layoffs Q2 operations?

Have anyone heard if there will be a new round of layoffs now at the end of Q2 or will they drag it till Q3? The org is doing a huge push for people to quit. I rather get the boot with a nice severance as comp for the nightmare it has been. It’s like... — read more 

Finally received severance

I was laid off in the 3/25 layoff. This morning my severance was direct deposited. Did the rest of you receive yours?

Colleagues are resistant to change

How will citi address employees who are resistant to change? One would think that after so many have been laid off, those still employed would be more open to transformation efforts. Instead, they stubborly hold on to burdensome processes that do... — read more 

What’s the situation?

Recruiter reached out to me for an interview. What’s the situation at citi? Is it an okay time to join, or wait until the reorg ends to entertain the idea of interviewing

Curious Minds Want To Know

Has anyone laid off end of March 2024 received their severance pay yet? Not the package, but the actual pay?

Vacation days payout

Received severance package but no mention about vacation days payout. Anyone knows something?

In comparison to other companies I’ve worked at…..

Citi is by far the cheapest. Citi HR is way by far the worst. Citi’s way of handling the layoffs is abysmally mismanaged. Citi’s delivery of news and status’s of any direction is less than average I’d say. Faith in company direction is horrible... — read more 

June 17 - Next Update

Is anyone heard anything relevant upcoming news from any Org from their Management? Layoff Leadership Changes Mid Year Discussion etc.

What is the driving force??

If citi going to be sold (by bits and pieces or whatever) or things are going bad and if that is an open secret (as per this site) who and what is the driving force still? I know my manager is an a--hole who comes to ofc and be happy that re org gave... — read more 

HR is the biggest joke ever, even in the aftermath.

Good Lord, the debacle. You can have two people in Citi who can be in the same location, same team and have the same manager. Both get let go. One can have all his HR paperwork, last paystub, severance etc… any of it and all of it sent to them in... — read more 

Recesion?

in my mind there is one though that at some point Citi mgmt actions are reasonable in terms of "bad" times Push so many employes at lowest possible cost and some threads of problems with findings new job and lack of interviews can somehow confirm... — read more 

How did we end up here?

I joined Citi only a year ago to be swept up into this mess. I thought Citi would help to advance my professional skills and opportunities but now I worry I will forever be typecasted. Does anyone actually feel any level of comfort with their role... — read more 

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| 910 views | | 4 replies (last June 17, 2024)
Post ID: @OP+1t23zw9T

Is Citi broken beyond repair?

One month “Citi wealth” is the main focus. The next month “Citi is selling off Citi wealth”. Someone in the upper echelon is leaving every week it seems. Jane is starting to cut up the Citi businesses and selling them off. Employees are being... — read more 

Payslips after layoff

How to get pay stubs after getting laid off? HR said to email HRSS or call Connect one phone number. Connect One also suggested to contact HRSS. HRSS is not responding to request it’s been 4 days. The automatic email also says to follow up if reply... — read more 

Class Action Lawsuit

Reading the posts so far it seems pretty obvious that employment rights been violated on pretty all fronts and I was wondering if there might be other employees willing to file a class action lawsuit and if there might be already some initiative... — read more 

Reorg left me with workload for three people

I just hope I’ll be able to keep this lousy job until I find something else. I am actively looking. It doesn’t look good out there, but I’m determined to leave. I would accept even a lower pay, if in exchange I would work just my load. I need life... — read more 

Wealth unit sale

https://www.investmentnews.com/industry-news/news/wealth-unit-sale-an-option-for-citi-suggests-bofa-report-254278

Citi is Pre-historic

I was laid off and It took me 5 months to find a new job at another bank. After starting my new job Im not kidding when I say I cannot believe how behind Citi is when it comes to tech. Citi is severely behind and I see it now that I have another... — read more 

Salary range

We are currently interviewing to fill a role in NAM. I am based in Belfast. Salary we are interviewing for is more than 50% greater than my pay even tho it’s exact same role/title. Is this normal?

When is the next layoff?

I am simply just trying to survive in this company for another 6 months. Working here su-ks now though ngl, mismanagement and WLB have gone out the window

So its working out for them

https://seekingalpha.com/article/4697001-citigroup-bold-turnaround-efforts-paying-off-strong-eps-growth-expected

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