Some friends still there say alot of changes and same old buddy buddy system.

A toxic leader will use your ambition as a means to control and manipulate you. They dangle the carrot of promotions or raises to keep you working harder, even when no real opportunity exists. They set overly ambitious targets that are... — read more 

Does anybody know more about yesterday's layoffs in California? Is that an isolated incident or should the rest of us be worried about the continuation throughout the week?

Just remember it’s not a reflection on you. It’s purely tactical approach taken by leadership to cover up for poorly thought decisions to save severance costs and hire for solving regulatory issues. Your self worth, potential and talent does not... — read more 

Sept'2023 - Mar'2024 - 7000 Layoff Sept'2024 - Mar'2025 - 7000 Layoff Sept'2025 - Mar'2026 - 6000 layoff Banamex Sept'2024 to Dec 1, 2024 - Separation of 40K Staff from Citi Banamex to Banamex.

Didn’t have a good mid-year review? Even if you performed average or above, you might have received a bad rating. Well, look no further than the end-of-year review. Citi is being tricky—they might put you on a Performance Improvement Plan (PIP). No... — read more 

A rising tide raises all boats. Citi is lucky to be up again but it wont last long. The fundamentals aren't there to support growth in the stock. The bleeding will obviously continue and will likely never stop like at Wells Fargo, as management... — read more 

Is there any truth to September layoff rumors? I've seen it mentioned a few times, but no additional info was provided, so I'm skeptical about it.

Citi stock is on bad path again. Lots of managers, directors looking to jump the ship.

You dont know what tomorrow holds and cant plan anything ahead of time. There a chance you have to work on the weekend and only get a days notice or have a late meeting with oversea's team same night and only get a heads up near the end of your... — read more 

Remember all that talk about her amazing leadership capabilities?

There is a talk of downsizing Belfast site, and move those jobs to Hungary. Bottom line, if you're in Belfast site, you should be concerned. And if you're in the Hungary site, expect more hires and opportunities!

Citi again started hiring people in multiple locations. No more layoffs tension.

Is anyone job hunting at the moment? How is the finance and tech market? Please share your experiences and plans. Thank you very much.

When you have “on call”= too cheap to staff adequately. So Citi needs on call to save money to make it. Citi needs to provide small to none on bonus’s or raises to make it. Cheap all the way around except one area, Jane’s pay\bonus\stock payout for... — read more 

Citi Employees in EU are currently obligated to report most of stock transactions There is no such law in EU... EU law is much less restictive than US law and SEC, and Citi Global Policy.... , somehow limitiations are present only here RISK team... — read more 

We are living at Dark now. Sad !!

I have friends outside of Citi who are highly technical. They are already currently employed at fortune 100 companies and aren’t on any layoff list, even so, they keep their options open. I have submitted them for various positions at Citi over the... — read more 

Citibank files complaint civil action against Anthony Disanto https://trellis.law/case/42091/2024-03662/citibank-n-a-v-disanto-anthony

Citi: No comment. https://www.efinancialcareers.com/news/citi-stands-accused-of-attempting-to-implement-ai-on-the-back-of-excel-spreadsheets

The lashings will continue until morale improves.

The top leaders have little or NO understanding of complete business. Tech leaders don't have understanding of latest technology. I doubt even they did some coding in their careers ? More BA became tech leaders . They should be in Business groups... — read more 

In the interview process with citi, trying to understand the job grade / hierarchy / titles. Is MD grade 16 the highest grade, or are there others? What are the levels right below that i.e. 13, 14, 15? SVP/Director/Senior Director, or something... — read more 

The Tech divisions lack "Business" mindset and very few Business Analysts are able to translate clearly. Recently more BA's are hired offshore which adds oil to the fire. They completely lack the skill to transform the org.

Since sometime, it's quick and no Townhall or news on any matters other than the SEC fine.

https://www.advisorhub.com/don-plaus-leaving-citi-after-four-months-sources/ I wonder if Jane is happy and satisfied.

Who could blame him? https://www.advisorhub.com/don-plaus-leaving-citi-after-four-months-sources/

The plan is to move operations to low cost areas. Slowly low profile jobs like BA, Tech and consultants will be moved to Texas, Florida, India. There will be huge reductions in head count. The plans are in progress and more preferences will be... — read more 

Does it mean that investors are not so sure that reorganisation brought promised value?

Any rumors on when the next round will happen?

There are climate protests outside all the time. It can't be a good sign when you're being protested 24/7 and you have to walk through a protest to get to work ... what is going on? What is management doing to respond?

Has anyone been to the summit early this week or watch it online? It was organised by citi venture and tech investment banking, I skim through the videos and it seems quite comprehensive, dare I say impressive. What is your view on this objectively?... — read more 

Another proof that Citi is full of mo--ns, especially the risk departments... But that is what you get when you do not want to pay top buck for the best risk managers.

I’m not a smart person or even a wise person. I’m just an average worker bee. After 5 years even I know that this statement rings true that it does not apply to Citi. “Train your people well enough to where they can leave. Treat them well enough... — read more