What if the problem is with the CEO and a few levels down? How do you solution that? I mean its their direction in which we have overly redundant systems\applications\reports etc…to begin with. They all refused to listen to feedback, just so that... — read more 

Nothing across the board, anyone knows any news ?

https://nypost.com/2024/11/14/business/citigroup-probed-over-ties-to-russian-billionaire-suleiman-kerimov-report/ I remember when we just couldn’t wait to open up more locations in Russia. Seems like that was not a good decision at all. You guys... — read more 

Seems to be the main takeaway at least. No incentive to go above and beyond anymore (at least during promo cycles, lol). This company hates you and makes it impossible to even WANT to grow. Meanwhile our competitors actually celebrate their internal... — read more 

The Citi playbook on people management is so predictable. From watching this board for a while now, I find that about 70% of those about layoffs, time lines, management initiatives etc… turns out to be true which is a higher success rate than I’d... — read more 

As suggested in the title. What is your job hunting experience? Is the market warming up? Thank you.

There’s no telling in what way they may change it or add to it in the fine print. You very well may be agreeing to take a much lower salary going forward. While you don’t have to agree to take a reduced salary, they can still get rid of you. You... — read more 

As their pay is now reduced, the severance is now smaller as you have been adjusted lower. This is just one method they are coming up with to run people off at a much lower cost.

Does anyone have information on how our jobs are being affected because of ChatGPT ? Less number of coders needed ? Fewer BAs and Admins and PMs? Any news on the direction being taken so far ?

There’s something happening that you can’t do anything about but you need to recognize it so that you are prepared. Citi is counting on your fear to “step in line with putting in more hours”. Its a way to prove you’re dedicated to the cause and are... — read more 

Some companies already have policies to NOT allow any US personal data to be viewed, or accessed by any non-US employee regardless of whether they are employed by a US based company or not. There’s even a growing HR push in this regards. Some HR... — read more 

What is this about?

Citi is notorious for layoff news in Nov-Dec. Before Christmas, classic move Citi. Belfast is being scrutinized. There are rumors of only 1% promotions, if any. There are rumors of little to no bonus’s or raises. There are rumors of leveling many... — read more 

Entire technology group is limited to 1% of the staff (levels up to C14) to get promotions. In prior years the typical numbers are 4% of the people can be put up for promotion. This year it’s 1%. It’s going to drive attrition once people who perform... — read more 

Communication going out to all Belfast staff tomorrow on the Belfast consultation forum, which is the same forum which was set up and used for all redundancies earlier in the year during the re org. Brilliant…

Wondering what the point of this call next week is. It is common knowledge on Wall Street that Trump is going to de-regulate, which is going to allow the banks to thrive instead of being choked by reporting and regulations. Specifically Citi has been... — read more 

Very picky on who’s let in. You have to be vouched for by someone already on the inside. Mafia style…lol. This group consists of employees or ex-employees spanning different sectors. In this group, they review each others resumes, do mock... — read more 

There will be two more rounds of layoffs. A small group before Christmas, and some after the new year. Somewhere in between, we will re-level. Some MD’s and SVP’s will experience one of the other of: a.) Keep the title and get a reduction in... — read more 

This website is called THE LAYOFF not THE COMPLAINT AND GRIEVANCE SITE. The first sentence on the homepage is: News, personal experiences, rumors and speculations about layoffs at your company. People come hear to learn about layoffs in different... — read more 

How many new MD can we see for 2025? 300 or more this time ? Can Citi able to eliminate SVP role ?

You’ll start off with a decent point or argument but when you start using “ $hittybank”, people stop paying attention. Especially when you start ranting. Plead your case, make it civil and you’ll get a better response or even higher + rating. — read more 

Are any jobs safe from being moved overseas?

Guys can someone help me with internal movement process (looking for outside too,nothing able to crack) it's a sh-t I am stuck not sure how to come out

The problem is not the level, its the pay scale. You have a developer and he’s/she’s top notch and deserves top notch pay. You have to make them an SVP at the upper end of the payscale to pay them what they are worth so that they don’t leave for... — read more 

The HR department is not there for the employees and is not reachable. Processes drag on unnecessarily, and no help is provided. It is inaccessible to external inquiries, and overall, it is considered the worst department in the company. They work in... — read more 

To start the process, you must file an election petition with your local NLRB office. Along with the petition, you will need to show that at least 30% of the employees support your election petition, which is usually done with authorization cards or... — read more 

I am disgusted to see in some loc. such as EMEA, layoff staff rehired after couple of months in different position after having big fat checks.

Once again, we’ll see the same ole, same ole, where Jane gets a significant bonus + raise and everyone else will get nothing. This coming up review rewards will be even worse if that’s even possible. The hammer has come down at a high level the... — read more 

https://nypost.com/2024/10/31/business/ex-citi-bankers-urge-ceo-jane-fraser-to-claw-back-bonuses/

So with the word coming from the top it seems like another terrible January for compensation and promotions incoming

Hoping someone can help. I was laid off in February and Citi still has not paid out my PTO/vacation days, about 10 days (8 from rollover and 2 from accrual). HR initially said that they days would be paid out with my last severance check in August... — read more 

I believe COBRA is free for so many days (while you decide if you want it), unless you need it then you start paying. Is that correct? If you do take COBRA, can you stay on it until age 65 (Medicare)? Also, did anyone take Citi's COBRA or is... — read more 

All this moaning and groaning, speculation and anxiety can all be dealt with by following one rule. “Care about the company, as much as the company cares about you.” Once you embrace this, the rest of it melts away.

I'm feeling like I'm going to self-prophesize myself into being cut due to this. I'd laugh if it wasn't sad and terrifying.