Do citi care about the people who resolved problems? I see all talkers are promoted to managerial position in this reorg!

Has anyone heard any rumors about this? I’m wondering if Citi will do this or if they legally can. I just assume they’ll decrease the bonus instead of a pay decrease.

What were the signs you noticed that made you come to that conclusion and were you right?

Help, do they pay a reduced rate while on notice?

Someone on here several weeks ago claimed that if you went into Global Directory, you could tell that someone had been laid off if you looked at their email address and it said, "@iuo.citi.com" instead of just "@citi.com". Today, I noticed that... — read more 

and keeping them managing people and being in charge of the same function they used to manage. This is absurd. Then the managers that had less than 6 people are poaching people from wherever they can to keep their job even though the functions of... — read more 

My team dynamic has changed significantly. Everyone is quiet, there is no camaraderie, and a tangible feeling of people either not wanting to do or say the wrong thing, or if you do say or do the possibly wrong thing, everyone else is quiet to see... — read more 

Anybody else find this working (last date is April 12, 2024)/non-working period (last date with Citi is June 29, 2024) confusing? Severance won't be paid until June 29th? HR doesn't know if you can file for unemployment during your working and... — read more 

These big changes are supposedly effect 4/15. Aside from being told the name of my new manager and I that I am now an I.C. I have been told no specifics on what my new role and responsibilities will look like. Nobody knows anything when I ask... — read more 

We all survived 2 major layoffs as of now . Management will stabilize env for a while before next layoff. Now employees, managers will be under constant poll for deliverables. Each manager has to fight for his employees or his position will be... — read more 

https://www.citigroup.com/rcs/citigpa/storage/public/Citi-2024-proxy-statement.pdf

It is rather sad to even write this as it shows how little trust there is between my line manager and I. My manager wants to do a development plan and "help me to succeed" - it was one of the tasks in workday. Is it a trap? What shall I look out... — read more 

Or do they all have to be employees

There is a section that says: “The board of directors recommends that you vote AGAINST proposals 5-10.” Beneath that is proposal 8. Proposal 8: Stockholder proposal requesting to report to shareholders on risks created by the company’s diversity... — read more 

I started at Citi last year. They guaranteed my bonus for the first year. I remember hearing that I would have to give it back if I left within a year. Does anyone remember if the requirement was a year from hire date or a year from receiving the... — read more 

Can the CEO give me an exception to be a people manager even though I have three direct reports?

When do you receive the severance package $? Is it on the day after which non working notice period starts i.e. 15th April? Or is it after the notice period ends i.e. 29th June?

What happens to your Stock Grants when you leave ? Is there any one who got stock grant ? any "D" or "MD's" ?

Anyone tried to negotiate their redundancy package? what's the outcome?

IC here after they took away my team but they want me to manage them still. Insane request and beyond demoralizing and clueless of these incompetent politicians who continue to operate

Big shakeup in Finance with several MDs out and new head coming in from JPM. This could be an exciting time for those of us on the train. New roles, new development opportunities, new talent. Choo choo!

It will be great help if anyone can share there knowledge on below- Severance package includes the remaining paid vacation, sick leaves and other leaves? Or just paid vacation is encashed at the time of layoff?

A week ago during a team meeting a manager gave the rhetoric of do more with less, work longer etc…capped off with “if you don’t like, you can find a job somewhere else”. He replied on the call with everyone to hear it, “challenge accepted, I... — read more 

First I would like to say sorry to everyone who has lost their job at citi. As an employee at citi for over 20 plus years I have seen many changes and layoffs at citi. I was disappointed when city changed their... — read more 

https://www.northjersey.com/story/news/2024/04/03/citigroup-to-slash-nearly-200-north-jersey-jobs/73183191007/

https://www.efinancialcareers.com/news/citi-equities-insiders-on-the-real-problem-london-management-poor-promotions I can see that in my own team - managers can barely speak English. My manager is shouting at team members - he tried to raise his... — read more 

What is our path to future revenue growth? Is there some overreaching plan that I'm missing that does not include laying off more and more employees each year? I truly hope there is, because if that's the only strategy this leadership can come up... — read more 

The reorg is poorly done, I am exhausted. No vision on what to do next? Is I am the only person feeling this way?

For example, today there is a 10 person call, and only 5actually have some inputs, all others are just hanging out. Lol.

With layoffs constantly hanging over our heads, everything has turned into competition instead of cooperation. Personally, I think it makes no difference. No matter what you do, if the numbers make sense to those on top, you'll be gone. Making... — read more 

Does anyone know why this was sent more than 7 months before the election?

Lots of controversy over what is fair vs. what is legal. These are two different things. Place all the arm chair lawyers advice aside and get to the facts as per your state. It’s rather simple and you can find the answers to all your questions... — read more 

https://dol.ny.gov/system/files/documents/2024/04/warn-nyc-citibank-n.a-3.30.24-2023-0308.pdf

Did anyone get any information if TX residents get a 60 day WARN period? Trying to got thru seperation policy and see its 2 weeks per year worked and also see 12 weeks of base pay for those earning over 100k, which one is supposed to be applicable?... — read more 

You don't want to be stuck in this mess until the end of 2026.

I actually have an amazing HR person who is/was always very responsive. Emailed her on Saturday and got her response at 8:45am this morning. Not a lot of info but at least some clarification for those who got laid of in US. (I'm located in NY HQ... — read more 

Has anyone in APAC(india) insist to let go on last week received any communication from HR to discuss exit formalities and severance package?

I’m thinking of starting my own business, landscaping. Am I required to report to hr, does anyone know the process