No ranting please because we have plenty of them on the board. Some of us are stuck in Citi while job market is kind of bleak. As the title suggested, how can we utilise the resource to learn and get better? I am trying to understand the business... — read more
Failure by design.
You are given 4 or more different inventory, reporting and tracking systems, most of which are antiquated and wrong or partially wrong. Half of them you can’t update or correct and if you can, its done via yet another antiquated outdated means. If... — read more
What are the best depts in tech to transfer to at Citi? Is internal mobility worth it right now?
I work in tech and my area/department is highly dysfunctional with awful toxic managers. Is there internal mobility any use or would it put me at the lower end of the totem poll for layoffs? Thanks!
Major key to leaving…Ignore the naysayers. (Taken from another post. )
Another major key is to 100% ignore the naysayers. Naysayers often wish they too had the courage to leave but they don’t. So they try to sell that you are stuck and you’ll never find a job ever. “Citi is the best as its ever going to get for you so... — read more
New Joiner VP - 140K a year
Is it worth it, still seeing if current job counters before I accept.
What's the salary range for VP in Tech within UK/Belfast?
What's the salary range for VP in Tech within UK/Belfast?
Today’s trivia question. . .
(. . . regarding the most recent heads of data transformation. . .) Anand, Japan, Ash what do all three have in common?
VOE - are they really anonymous? Can your manager know who left which message?
As title suggested, and please no rant.
Anyone else contantly living in fear?
Not knowing when the tap on the shoulder will come for the next layoff?
WFH vs. RTO
Don’t mistake presence for performance. Showing up is not a sign of commitment or contribution. It’s an act of compliance. What matters is the value people create, not the place they inhabit.
One more BU gone
https://www.tipranks.com/news/ma-news-citigroup-nysec-sells-trust-business-to-jtc-for-80m
What took so long....
Anand finally taking the bullet for the data issues. Empty suit and will be the next one out the door. Citi is billing it he was stretched too thin. Never impressed me as a senior leader. Highly doubt another US based financial institution would pick... — read more
Tensions and stress is high across the board.
Will there be any layoffs before Christmas? Will we stop losing MD’s that leave for other companies? Will there be negative repercussions from the VOE if you truly speak your mind? Will there be any cost of living raise? bonus’s? Can the stock... — read more
Just another in a long list of MD leaving Citi.
You’d think the board would have expressed some concern to Jane by now as to “why” so many are leaving. https://www.bankingdive.com/news/citi-chief-accounting-officer-johnbull-okpara-leaves-scally-walsh/726743/
Citi comes in at #64 on Time's list of best companies
https://time.com/collection/worlds-best-companies-2024/
How many people HIRED since September 2023?
Constant hiring. More hired than laid off?
Investors Face Heat on Citigroup’s Knowledge of Mexican Fraud
https://news.bloomberglaw.com/banking-law/investors-face-heat-on-citigroups-knowledge-of-mexican-fraud
Why were so many meeting canceled this week?
It seems weird to me. Is it due to VOE, layoffs, or what? Usually this happens when something is up around here.
People are delusional. Neither HR nor management cares about this site.
The site is mainly for layoff rumors and if nothing else, venting. Please don’t kid yourself in thinking that anyone in HR or management know, look at or even care about what’s posted here. Those that are posting thinking that it’ll make a... — read more
Break the norm. Many companies want you to sacrifice your time and health in order to progress.
If your manager thinks like this, then its time to move on.
Another Md leaving
Why?
If you continue, your 401K might be in Peril
Citi stock might go down further for next 2-3 years as Citi still struggles to rebuild itself. Better to Quit now when stocks are good and take your 401K to IRA's.
We need real Finance experts
Citi's workforce has become dominated by employees with a computer science background, many of whom are supplied by vendors rather than being directly employed by the company. This has led to a lack of technical expertise as well as business acumen... — read more
VOE to come out soon.
Very crafty indeed. Take care to note that the wording will be phrased to place any blame or praise solely on you. The examples given to me were along the lines of…. “In the direction the company is going, how do you rate YOUR contribution to the... — read more
Layoffs Are here. Get ready
Layoffs are here. September, more will be let go and before end of year. Hearing September 13th would be a big day, some are experiencing layoffs this week as a precursor. Less packages and pips to go around for coming end of year performance review... — read more
(Wealth) Insurance Specialists
Quite a few insurance specialists got let go today in NY and CA. Managers reached out to them today.
Summer End, What New Now
Anything?
I feel so sorry for those of you that stayed
Laid off last year, took a long sabbatical, got my severance, then joined a new company with such a superior culture to C**i I feel so bad for those that stayed
UK court finds Citi unfairly dismissed employee who did nothing wrong
July 2024: Also that Citi: - did not carry out a reasonable investigation - did not have reasonable grounds for believing the employee was guilty - demonstrated hostility towards the employee - did not carry out a reasonable investigation there... — read more
One person vs the overseas team
at this point, it feels like me vs the overseas team. They run the show while I am their pawn to do tasks. I get worked assigned directly from them and not my manager. I work in silo due to the time zone difference. If I need to update them on my... — read more
Replace HR.
Since HR is so lame and useless, why not get rid of them? There’s cheaper outsourced companies as well as software that can do just as good if not better for a much cheaper price I’m sure. It may even better to use AI, why not. Whatever you chose... — read more
Different versions of the same story but the problem remains the same.
Over the years I’ve heard different versions of the story of, several people leave one after another to another bank for more money and or opportunity. As we lose people, a higher up takes one of his directs for a ride and talk. They drive by the... — read more
The reason Citi’s culture is not coherent is…
Because of the way they bring employees on from international offices and promote them quickly. There is no consistent culture or set of norms. Just employee competition and infighting. Eventually the brains drain and Citi is left with the... — read more
Citi urges court to dismiss ex-employee’s retaliation lawsuit
https://www.bankingdive.com/news/citi-urges-court-to-dismiss-ex-employees-kathleen-martin-retaliation-lawsuit/720330/
Why we need a full fledged BA team?
I know there are requirements where we need,but for our case team is pretty old ,we used to deal with clients,why we need a full fledged BA team who are comparatively newer than developer. And these BA s are thinking themselves as parallel leads. I... — read more
401k
Question on 401k rollover- if you are leaving Citi do you rollover the amount to the new company or leave it until you get Citi match end of March 2025?
To Repair Its Reputation, Citibank Must Fix Its Culture
Great article from International Business Times (from this week)! https://www.ibtimes.com/repair-its-reputation-citibank-must-fix-its-culture-3740845 "Citigroup management needs to remember how the company became America's fourth-largest bank in the... — read more