Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Stop Vendor Consultant Hiring

I firmly feel that Citi's culture has worsened due to vendor's and vendor consultant's. Recruiting vendor consultants increases the level of vendor politics within the organization. We perceive prejudice in how work is assigned, acknowledged, and... — read more 

Worst management ever.

So the leadership got us into a downward spiral and had no idea how to get out of it. They hired outside consultants to tell them what to do as they didn’t have a clue. The situation was so lost that the figured the only answer is to lay people off. ... — read more 

It's pointless

We lost most of the best people on our team and that's become more than obvious in the past weeks. It makes me wonder, why in the world should I try hard and do most of the work myself now that all that's left of our team are people who either can’t... — read more 

When will nervous management look better?

When will nervous management may look confident ? Forget leadership , basic project management skill is not evident by the management , they are only looking for some cool flashy ppt and no idea what value outcome they need.

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Sinking Ship!!

Curious is the ship still sinking or are investors pumping in money to keep it afloat? Thought the smarties said the firm was no longer profitable, yet it is.. so confused.

Fraudulent job openings

I love how HR is allowing jobs to get posted even though the hiring manager has already identified a candidate. A great way to waste everyone’s time!

Separation Package in Canada

Hi, Anyone from Canada received the separation package document from Citi during their non working period? Its been a week of non working notice period but I haven't received any communication from Citi.

Promotion opportunities

Only reason i work at citi is because quality of people here is low and that opens door to faster promotion to people like me who graduated from ivy schools. i am in technology and recently graduated. i have no doubt i become a MD in five years.

SVPs

I am a MD. Why can’t some SVPs give up their employees gracefully for Ds and MDs to manage? SVPs are not that senior to manage people and should focus on being a hardworking individual contributor. They will have their chance when they become Ds and... — read more 

consultants hold upper hand than employees

Is there any way to reduce vendor favoritism. My manager seems joined citi from Xyz company and favors xyz consultants than employees. Did anyone faced this earlier? I am new to Citi and just under 1 year. I doubt if I can report my manager.

Do you feel like you are in Circus?

Hi , I feel like after re-org actually the least professional people managed to benefit from the changes and now we are all in a circus with clown management showing their seniors they are making something of a value. I really hoped this reorg... — read more 

For those SVP’s who are now IC’s

Do you see it as a demotion or as a positive? My boss is a new IC and in radio fashion he’s moved on. Can’t even see his calendar any more. Dont think he’s particularly upset though..

Leave before its too late

I would recommend everyone be part of the brain drain as opposed to waiting until you’re bumped off the Jane Train.

TH was awkward to me.

The feeble attempts at humor to smooth over rough messages were quite lame. The attempts to try and be relatable to the common employee was lame. They are not relatable, they are not under the same threat of being let go and even so the financial... — read more 

A Consultant's cry...

Vendor consultant at Citi laid off around Jan and on H1B visa. Despite the vast job market, I am struggling to secure interviews. Citi throwed lots of tech and business buzz words. But all are failed projects. Citi still operates on Excel sheets and... — read more 

Troubled Waters

Tesla and Google layoffs increase job market competition, while banks may seek resources at better prices, potentially causing competition for developers and managers.

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ASow work, or new trend to oblivion..?

Alot more work around this time last year... Wondering the hammer will fall. Lawsuites against Citi. Armenians.. Koikie.. Revlon... Now what I am reading..DEI And possibly PIP employees. Analyst saying the bank will go under...with-in... — read more 

severance pay

What I see happening in the future is that citi updates their employee handbooks and cuts severance pay for everybody as this will save them a lot of money. Something like one week severance for every year in US instead of two. Just my opinion.

Everybody is afraid

If the goal of all of this was to create a fear-filled work environment, then it worked. Everybody is afraid all the time of possible layoffs. This is affecting morale, productivity, and overall company culture. Why any leadership would like for its... — read more 

Severance Pay - Canada

Would anyone know how much is the severance pay for Citi Canada employees that were impacted?

Severance Package Outplacement Program

Has anyone from the UK that is being laid off tried to use the package provided by citi, where they have apparently paid for a 2 month program with the company called LHH? I have rang LHH 5 times already, each time I have been told that they dont... — read more 

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