Citi has a bunch of EAD visa accumulations in past few years to reduce cost of visa processing. This might backfire soon and create space for US candidates.

The plan is to re-level the majority at lower pay, then circle back around later with a layoff. Those that are let go now get the severance payout that will now be lower. Everyone will be on the edge of their seat with a “maybe I’ll be skipped... — read more 

There is the expectation that whoever is left after this next round of layoffs will pick up the slack of those who have been let go. You will be expected to not only pick up the slack but also take on additional roles, not only WITHOUT the pay or... — read more 

Everyone I know is putting in at least 50 hours a week, and that’s on the good weeks! Is this really how it’s supposed to be?

Average employee lost bargaining power years ago - just accept it. Corporations nowadays are heavily skewed towards serving the interests of the top management and shareholders. Current system is run like a mafia enterprise - and we all know how... — read more 

Keep in mind that you do have rights beyond what Citi would have you believe. There are employment lawyers a plenty. Many of which, if your case is strong enough, will take on your case on contingency. Meaning that they will not get paid unless you... — read more 

at best you are nothing more than a commodity to be used, traded or discarded as Citi sees fit. Many koolaid drinkers are finally coming to realize this. Citi thinks no more of you than any other asset they have. Citi management relies... — read more 

There was a slido question at Anand town hall about the forced bell curve. Sara's answer was to have collegial review and u can grab 1 and 2 ratings from less deserving staff reporting to ur peers. Imagine u had 5 mouths to feed and 1 plate of food... — read more 

Ask yourself, how do you feel on a Sunday night when you think of working for Citi the next day.

I swear, it feels like the ones in charge seem more focused on creating chaos than offering support. Every decision piles on more hurdles, leaving everyone scrambling to keep up. Instead of leading, they’re making everything harder and pushing people... — read more 

Considering all the talk about decreased number of in seat promotions from 4% to 1 % of the total population or the re-leveling, on the other hand lots of directors been promoted to managing directors doesn’t make the moral any better. Despite the... — read more 

Its in every email and every TH to get rid of the old way of thinking. Wouldn’t that include getting rid of Jane? Its her regime, her way of thinking that got us here to begin with. Let’s not kid ourselves, she’s been with Citi for quite a while... — read more 

Is the master plan to re-level, to shuffle people around and lower their pay, only to circle back around later a month or so to lay many of them off? The severance payout now will be much lower now that you are making less. Upper management looks... — read more 

What possible value do they serve? I mean really. They never know anything and they never help. Time to trim the HR fat.

Buy this and that cheaper version but make it act like enterprise. Hire top of the skillset but not at the salary they want. Follow these processes unless it takes too long then speed it up but follow the processes but make the deadline which is... — read more 

If I have been with the firm for 3.5 years, what would be severance be? Im a C13

Jane's message today seemed like Santa just gave her a lump of coal in her stocking this year. People told her what they are feeling, and it was not all rainbows and puppy dogs. you can't explain away how much your employees dislike your management... — read more 

When teams get moved around, or people moved to balance teams, how are they chosen? Fo managers choose the person they want to get off of their team or is this random or based on performance?

Where people discuss about new ideas, debate new challenes, enocurage and share others ideas thats where an organizations and employee grows together, but here every day starts with sense of insecurity, blame others, trying to protect from politics... — read more 

I’ve been watching and sometimes contributing to this board for a very long time. This site is riddled with a combination of speculation based off of patterns of the past, those in the know and fear mongering. Either way, no matter how you slice it... — read more 

The cart accountability process is being used to increase the number of 4 ratings staff and reduce their bonus and salary. Cart removes ten percent of the total compensation so if the bonus and salary increase is ten percent of the annual salary it... — read more 

It's the season of increased bonuses for C-suite and their friends, but nothing for the rest of us. https://www.efinancialcareers.com/news/citi-retention-bonuses-demotions

There are tons of angry, worried, resentful posts out there. People concerned about being let go before, during or after Christmas. People angry with the way the layoffs are unfolding. Other’s upset as to the reasons “why we are at this juncture”... — read more 

My team posted new jobs in Tampa and not seeing any spots open in the group. Is it a sign that my group is moving to low cost zone?

Anyone feel like your team makes you feel guilty that holidays coming up and the work continues. Since its a global bank, other regional teammates don't care and all these holidays do is set delay your work by one day and forces a tighter deadline. I... — read more 

Not only do we have a constant threat of massive layoffs looming over our heads, but we have stealth layoffs and firings all the time. RTO has been just another playground for making people leave or finding an easy excuse to kick them to the curb. I... — read more 

Citigroup slashes promotions as it seeks to overhaul bank https://on.ft.com/4g782Sj

Citigroup slashes promotions as it seeks to overhaul bank, FT reports https://finance.yahoo.com/news/citigroup-slashes-promotions-seeks-overhaul-055332835.html?guccounter=1

Don’t worry though, you’ve been advised to “not chase the money”, so that makes is all ok. https://finance.yahoo.com/news/citigroup-awards-special-retention-bonuses-131222192.html

For those that are let go, I am sad. The coldness, anxiety and stress of being let go can be overwhelming with trying to pay the bills and worrying about insurance coverage. For those that get to stay, I am sad for them too. They will be... — read more 

EMEA - is anyone who was laid off still waiting to sign the serverance/ non disclosure/ compromise agreement? Colleague finished three months ago and still hasn’t received anything…it was supposed to be signed before he left….

In no particular order….. Go forward, no I mean back…trim back but grow, buy this tech but only the cheap version with limited functionality but make it work like the expensive enterprise version, have redundancy unless its expensive, then have... — read more 

https://www.efinancialcareers.com/news/citi-dcm-bankers-fired

So we are told to not chase the higher pay elsewhere but be satisfied. “Even though others are leaving for life changing salaries, don’t chase the money be happy where you are at” . Well that’s easy to say when YOU already live in the biggest house... — read more