Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

A bank lacking soul

Citi is a bank with no soul. It is the soulless mega corporation par excellence. Complete with every known and unknown failure of such an organization. Even the consent orders are a symptom of this failure. Because the bank has no soul, it cannot... — read more 

As you “get off of the train” and look for employment outside of Citi, don’t underestimate mid size or even smaller companies.

Used to, the midsize to small companies had to offer more pay than the larger companies because they could not give the same benefits. This has shifted. Now, it seems that mid size to small companies ARE offering equal to more benefits than... — read more 

TheLayoff missing Citi posts

Interesting. There’s been 3 fairly new posts, the latest one over AI and the direction of the company, that’s just up and been purged from this board. Funny how that happens.

Citi treats employees like property

You come into Citi treated like property. There’s no welcome meeting, there’s no “here’s your Citi tshirt and Citi mouse. Welcome to the family.” as small as it may be there’s no such thing. Instead you get: “see if you can login. You can, good... — read more 

The talk about AI is just that, talk.

Citi can't even manage it processes and data flows with Excel. The mapping and architecture is patchwork and chaotic. The talk about AI is just that, talk. Not only does Citi not have the resources and knowhow, it would be a complete global risk to... — read more 

No wonder why so many people are leaving Citi.

“A recent study by Citibank found that 54% of the jobs in banking can be replaced by AI, and another 12% augmented by AI—so lay off the current worker and hire somebody else. That’s 66% of jobs at risk of replacement or... — read more 

Acquisitions?

Anybody in the know hear anything about Citi acquiring a firm in the near future? Hearing some whispers

Big 4 Consideration

For those of you that were let go during the restructuring, did you / have you given consideration to the Big 4 firms? I think this would apply specifically to those that worked in regulatory, risk, or compliance. If you would not give... — read more 

There's only so much each of us can do

Our team is already stretched thin as we are continuously forced to shoulder the responsibilities of those who have left or been shown the door, all while Citi declines to hire replacements. As a result, we have an ever-increasing workload without... — read more 

Happy face

Are there people at Citi who can count? Citi is proud to promote carbon neutrality, This is an obvious lie and everyone knows it Nobody cares, you, they, us, nobody actually it does not matter, this company needs to fail

Managers who do nothing else but micromanage others

If they're spending all of their time micromanaging us, then they obviously don't have anything better to do and could be fired or laid off. I don't need somebody breathing down my neck the whole day and telling me how to do things I've done hundreds... — read more 

Citi weakest of big banks

Citi is the weakest of the major big banks in the U.S.: analyst https://m.youtube.com/watch?v=yfC4zOU9WUw

Class action lawsuit

If you have spent legal expenses to get out of Citi’s unlawful garden leave provisions, please stay tuned for more info as a class action lawsuit is being formed.

Citi Stocks

Typically, stock performance serves as a barometer for Citi's future outlook. Recently, there has been a significant increase in stock value, rising from $38 in November 2023 to $65 presently, marking a substantial difference. This marks the first... — read more 

Unemployment filing question

First time filer here - I worked the entire time remotely (NJ). Hired in NYC In which state do I file unemployment? 100% remote (NJ) haven’t worked 1 day in NYC

4 Years without any progress on Consent Orders

Citi worked on the consent order for 4 years and made 0 progress. I guess stealing credit and politics don’t really matter or create any value. Wasting money on a-s kissing executives doesn’t seem to work either since that’s always been the game... — read more 

Layoff News - July 20

Those under CTI asked to left in last 8-9 months, for those positions i did noticed or hear that new Rex will open and either current staff get promoted or new hire. Surprise !!

Laid Off?

You can tell a lot about a company by the way they treat the ones they laid off. What's everyone's experience so far?

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| 910 views | | 8 replies (last July 19, 2024)
Post ID: @OP+1tx4D1H2

Layoff slots

Seems every company in US has to show some numbers every year till 2026 to reduce inflation. Citi might plan for next January

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| 411 views | | no replies yet
Post ID: @OP+1txnwa9C

Crypto and Citi

are there any departments taking it serious and working to it

RTO

I know this is a hot topic. Curious if anyone has heard anything about RTO and if people are getting slaps on the wrist for falling short of 3x minimum?

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