I was laid off in the 3/25 layoff. This morning my severance was direct deposited. Did the rest of you receive yours?
US regulators reject Citi's 'living will' resolution plan
https://www.reuters.com/business/finance/us-regulators-reject-citis-living-will-resolution-plan-ft-reports-2024-06-21/
Colleagues are resistant to change
How will citi address employees who are resistant to change? One would think that after so many have been laid off, those still employed would be more open to transformation efforts. Instead, they stubborly hold on to burdensome processes that do... — read more
So how does aml fiu look??
Is it safe? Back to hiring???
Is Citibank/ or any USA bank a good place for a mid level developer to grow their skill sets/ career
After working in a bank for some time after graduating college for computer science, I question if working In Citibank, or a bank in general is a good place to continue to grow your skill sets compared to other business sectors. Now with these... — read more
What’s the situation?
Recruiter reached out to me for an interview. What’s the situation at citi? Is it an okay time to join, or wait until the reorg ends to entertain the idea of interviewing
Curious Minds Want To Know
Has anyone laid off end of March 2024 received their severance pay yet? Not the package, but the actual pay?
Vacation days payout
Received severance package but no mention about vacation days payout. Anyone knows something?
In comparison to other companies I’ve worked at…..
Citi is by far the cheapest. Citi HR is way by far the worst. Citi’s way of handling the layoffs is abysmally mismanaged. Citi’s delivery of news and status’s of any direction is less than average I’d say. Faith in company direction is horrible... — read more
June 17 - Next Update
Is anyone heard anything relevant upcoming news from any Org from their Management? Layoff Leadership Changes Mid Year Discussion etc.
What is the driving force??
If citi going to be sold (by bits and pieces or whatever) or things are going bad and if that is an open secret (as per this site) who and what is the driving force still? I know my manager is an a--hole who comes to ofc and be happy that re org gave... — read more
HR is the biggest joke ever, even in the aftermath.
Good Lord, the debacle. You can have two people in Citi who can be in the same location, same team and have the same manager. Both get let go. One can have all his HR paperwork, last paystub, severance etc… any of it and all of it sent to them in... — read more
Recesion?
in my mind there is one though that at some point Citi mgmt actions are reasonable in terms of "bad" times Push so many employes at lowest possible cost and some threads of problems with findings new job and lack of interviews can somehow confirm... — read more
How did we end up here?
I joined Citi only a year ago to be swept up into this mess. I thought Citi would help to advance my professional skills and opportunities but now I worry I will forever be typecasted. Does anyone actually feel any level of comfort with their role... — read more
Is Citi broken beyond repair?
One month “Citi wealth” is the main focus. The next month “Citi is selling off Citi wealth”. Someone in the upper echelon is leaving every week it seems. Jane is starting to cut up the Citi businesses and selling them off. Employees are being... — read more
Payslips after layoff
How to get pay stubs after getting laid off? HR said to email HRSS or call Connect one phone number. Connect One also suggested to contact HRSS. HRSS is not responding to request it’s been 4 days. The automatic email also says to follow up if reply... — read more
Class Action Lawsuit
Reading the posts so far it seems pretty obvious that employment rights been violated on pretty all fronts and I was wondering if there might be other employees willing to file a class action lawsuit and if there might be already some initiative... — read more
Citi - ESG fiction instead of facts….
This bloody bank- I just KNEW it would be one of the major profiteers…. ‘Enhanced due diligence’ - empty words, yet... — read more
60 Day (Non) Working Period?
Is it really a 60 day “non” working period? Why are some of us only getting 45 days???
Reorg left me with workload for three people
I just hope I’ll be able to keep this lousy job until I find something else. I am actively looking. It doesn’t look good out there, but I’m determined to leave. I would accept even a lower pay, if in exchange I would work just my load. I need life... — read more
Trio of new Citigroup executives stirs succession talk on Wall Street
https://www.ft.com/content/1383447c-808a-4cd3-9f95-97785ae814ce
OT Vendors - what vendor is main cost for Citi in your opinion for technology
Its open question, just curious how many people will bet a wrong vendor
This site not so misleading after all. This site gives management a headache.
In meetings and internal communique’s you are asked to ignore all social media posts as lame and misleading. After watching this board for a while now, I think its not a matter of misleading but rather there’s a concern that this site may insight... — read more
Wealth unit sale
https://www.investmentnews.com/industry-news/news/wealth-unit-sale-an-option-for-citi-suggests-bofa-report-254278
Citi is Pre-historic
I was laid off and It took me 5 months to find a new job at another bank. After starting my new job Im not kidding when I say I cannot believe how behind Citi is when it comes to tech. Citi is severely behind and I see it now that I have another... — read more
Tech Org: Should Hands-On SVP's and Directors paid more than pure Managers ?
To promote more active contributions, should SVP's and Directors with Hands-On experience be paid more than pure managers ? This motivates them to contribute more and avoid playing "Managerial politics".
Salary range
We are currently interviewing to fill a role in NAM. I am based in Belfast. Salary we are interviewing for is more than 50% greater than my pay even tho it’s exact same role/title. Is this normal?
Is there any layoff in June?
Getting fed up with these ongoing nonsense
Citi Implemented Furloughs for Contractors
What the he-l!! They don't give you a hike and then take the working days off. F Jane!
When is the next layoff?
I am simply just trying to survive in this company for another 6 months. Working here su-ks now though ngl, mismanagement and WLB have gone out the window
So its working out for them
https://seekingalpha.com/article/4697001-citigroup-bold-turnaround-efforts-paying-off-strong-eps-growth-expected
To those who are job hunting
Do not give up! I have spent 4 months applying to hundreds of jobs, interviewing, stressing... I finally landed an incredible opportunity at a competitor. It IS possible! Here are some things I learned in the process: Cold applying via LinkedIn... — read more
Only ivy grads should be a leader
Citi’s problem is that there are not many ivy grads and those guys from overseas who have fishy diploma become a leader. Only ivy grads can save Citi.
Inspirational quotes comparison.
Steve Jobs: “Don’t let what you cannot do interfere with what you can do.” Warren Buffet: "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching... — read more
Successfully disorganized? Time for BCG to walk off the train?
I must say, it takes a special kind of talent to achieve such levels of disarray. It's like they took the company's organizational chart, threw it out the window, and replaced it with ****. I must give credit where credit is due, BCG has managed to... — read more