Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Citi “No compete” vs moving oh so on

No compete is for vendors we do business with, not the competition. We work with and have a no compete with company ABC. You can’t leave Citi and go to work for company ABC for 1 year. If let go by Citi, the no compete is null and void. The no... — read more 

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| 1130 views | | 7 replies (last January 27, 2024)
Post ID: @OP+1qL2ssXD

13% SVP cut. 15% O&T staff cuts coming

Im a MD. Have zero idea what my new role is. No clue who are these people B-C-G put in my square boxes. Nobody asked me. my manager has a job lined up at JP and planning to quit after February 2nd. Wants me to join him after one year due to... — read more 

Next phase is week of Feb 20th?

Anyone got information on when’s the next phase of layoff happening? Is it around the week of Feb 20th similar to how it was in Jan?

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| 1352 views | | 2 replies (last January 26, 2024)
Post ID: @OP+1qLTiS8i

The hones truth for us all.

I have never bought anything with money. Everything I have was bought with pieces of time I sold from my life to a job that will never have paid enough when my time is up. No, those long days are not worth it.

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| 636 views | | no replies yet
Post ID: @OP+1qLV4bei

ZERO RAISE

I did not get a raise for 6 years in a row- is that legal? I know crazy for staying but as a single mom- I needed the security.

Upcoming C14 and C13 Layoff deciders

Who is going to be C14 and C13 layoff deciders. Is it external company like what they did for C15 and and above or is it going to be internal management ?

Citi warn period

Does Citi warn period of 2-3 months applicable to upcoming layoffs of C14 and C13 as well ? or only for top management ?

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| 1430 views | | 9 replies (last January 26, 2024)
Post ID: @OP+1qK9VJh6

Paid Time Off in Workday

Should there be concern when available planned paid time off is zero hours? On Workday the only two rows that show any values other than 0 are Volunteer and unplanned time and planned/holiday show 0. Is this how everyone's is now showing or should I... — read more 

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| 1020 views | | 2 replies (last January 25, 2024)
Post ID: @OP+1qKLkApi

New salary is still not effective?

Why is new salary not effective yet? HR email from yesterday with new comp details said it’s effective as of Jan 1, 2024. But when I check paystubs/my comp today (Jan 25, 2024) it still reflects old salary which was lower

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| 1280 views | | 4 replies (last January 25, 2024)
Post ID: @OP+1qKH4HIs

This is mental torture

I swear, I can't take much more of this. Citi wins. I'll start looking for a way to leave on my own.

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| 1650 views | | 9 replies (last January 25, 2024)
Post ID: @OP+1qKvCE7b

Is it even worth it to work here now?

So many are scrambling to have a bunch of useless meetings and sending multiple emails to show they are busy and 'adding value'. Some directors, SVP, group managers, leads, etc are spending time justifying their roles and making up stuff to delegate... — read more 

Mark the Clown

Always enough money to bring in another high-level executive. Nice going, Mark Mason you absolute clown.

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| 1550 views | | 9 replies (last January 26, 2024)
Post ID: @OP+1qJI3hxV

one of the 5000

Hello, I am one of the 5000. I have to admit that I am still emotional about this, but also push myself to be more realistic. I wonder whether there is anyone else here in the same boat. How is your bonus situation, my other 4999 fellows? I have not... — read more 

Anyone Unassigned After Team Reorganization?

Are there anyone in staffing companies who haven't yet been reassigned to a new team after recent organizational changes, like team merging or splitting. How long have you been waiting to be allocated to a new team? It seems many have found their... — read more 

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| 1340 views | | 3 replies (last January 25, 2024)
Post ID: @OP+1qJPi3Zk

Bonuses

When are our Jelly of the Month Club certificates released?

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| 1131 views | | 4 replies (last January 25, 2024)
Post ID: @OP+1qJ7hnIW

Grass is always greener

Cheer up, people. I know it is a difficult period, but remember that restructurings are happening all over the place. I have friends and family who were paid off in 2023 across all kinds of industries - finance, tech, pharma. It is not the end of the... — read more 

For now

Everyone will decompress and calm down now……until…..Feb and March when C14 and lower in addition to contractors will be affected. Then the panic will start all over again.

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| 1880 views | | 6 replies (last January 24, 2024)
Post ID: @OP+1qJMQI7i

Services ORG charts are out

Don't think anything changed other than people moved here and there.. My director is safe but not sure of there will more reorgs/layoffs

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| 1373 views | | 3 replies (last January 23, 2024)
Post ID: @OP+1qIFk7N6

Is it true?

Is it true that Citi will be laying people off?

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| 1053 views | | 1 reply (January 23, 2024)
Post ID: @OP+1qI8YxLc

W2

If they're going to layoff people, it would of been nice to have 1 year where the W2 doesn't roll in on Jan 29th-31st... Seems to be a trend... keeping people on the edge of a cliff.

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| 760 views | | 2 replies (last January 24, 2024)
Post ID: @OP+1qIyc5sW

No surprises here

One fixed income headhunter summarizes the recent round as follows: "People at JPMorgan are happy; people at Goldman Sachs are feeling like it's been a hard year and they're lucky to have their jobs; people at Morgan Stanley are moody; people at... — read more 

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| 1910 views | | 2 replies (last January 23, 2024)
Post ID: @OP+1qIpj1Qr

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