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
Next round of layoffs in June.
Four hundred thirty across NY and NJ.
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
Lack of good leadership at Citi
Did Citi ever have worse leadership than we have now? I can't remember that we did, and I've been here a while.
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
Next Layoff Round
Any news for next round of Layoff?
With the noncompete gone, how will Citi keep people who want to leave?
This was a heavily used tool to keep people from aggressively searching elsewhere as their options were limited. https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes “Under the FTC’s new rule, existing... — read more
FTC votes to ban most noncompete agreements
Maybe this will happen. If approved, 120 days after approval it obliterates most non-compete agreements.
Business Analyst, QA, DevOps to move complete Offshore.
Business Analyst, QA, DevOps to move complete Offshore. If Your offshore counterpart is involved more than you beware you are on spot.
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.
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
Any thoughts on changes in Citi Poland ?
Hi, is there anyone here from Poland? How do you find changes in Warsaw office?
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.
MD's/D's/SVP's/VP's : Any one tried Double Dipping? or MoonLighting
I heard about Double dipping and moon lighting, that People in India , London and US who are citizens can parallely work for other company while working for Citi. How far this is true ? What are the possible ways for Citi to find out ? Can I start my... — read more
Anybody know if AVP, VP, and SVP ranks will be affected for IC?
Will those ranks continue to exist for individual contributors? Do they mean anything other than a pay range? Does it make sense for all the employees of a VP are also VPs but IC?
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..
I wish the upper echelon could see through my eyes for a day, not that they would care.
If there was any doubt as to the lack of competency of leadership, that doubt has been removed. The TH was a disaster, just like their decision making. Everyone at my site is a buzz with how untrustworthy, unreliable, visionless, and clueless the... — read more
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
401K outside Citi
How can I access my 401K account outside Citi ?
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.
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
For those of you that were demoted, are you considering to look for something else
Wouldn't it be a regression in your career even if everything else remains the same considering future opportunities and how it will look in your career path?
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.
Why is it that citibank hires a lot of very low quality employees?
I'm not saying everyone, but there's definitely people that I really have a hard time seeing them be able to land any decent job let alone at a big corporation like this? Are the job posts not competed at all? Is it managers that like to hire people... — read more
Mike - Shut the F Up! And what the f is up with the gladiator song? You think you are a gladiator huh?
What an arrogant piece of ****. What a waste of time
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
You have to get there first, then adjust your headcount.
Just saying the words: “we are going to develop AI” or “we are going to automate” Just saying these words alone does not just make it all magically happen but we are laying people off as if we are already there and don’t need the people. As nuts... — 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