Any way to get total count and region wise ?
Anyone is asking to be laid off?
Those who are asking to be laid off - what are your reasons?
Job cuts at Citi, Deutsche Bank show the future has arrived on Wall Street
“US banks have operated at cost/income ratios of 55 per cent-60 per cent for the better part of 30 years; internet banking and then mobile banking have failed to move the dial. Part of the reason is that new channels don’t immediately displace old... — read more
Anyone further information on Belfast site?
From the communication sent round yesterday the consultation period has began and from 27th February people at risk start to be notified. Does this mean anyone in that business area/level where there are cuts will be notified? Or if you are contacted... — read more
So what's the word with the layoffs?
because everything seems business as usual, so have a lot of people been laid off already or are we on the verge of that still? I see no change
What are the strategic locations and groups
Which location are safe and not planned for layoffs? What groups are least impacted
Next layoff announcement in Feb or Mar?
Any word from seniors on whether or nof next phase of layoffs would be communicated in February or would it be in March? Specifically for US
How to check WARN notices for layoffs?
How to check WARN notices for layoffs? any specific websites per state ?
CTI Mortgage in O'Fallon MO
Is their any scuttle butt regarding CITI dumping their mortgage origination operations ? The servicing piece was transferred to CENLAR in 2019 but CITI continued the originations.
Checking Loyalty using a hired Recruiter
I got a call from a recruiter last week saying there is a opening in "XYZ" bank. The recruiter asked me if I am searching for Job actively. I said Yes. Next week my manager said to me he spied on me with some recruiter and I said Yes. What can I do... — read more
There'll be nobody left soon enough
In my department, it feels like a split between job hunters and those not-so-secretly wishing for a layoff. Trust in management was shaky before, but now it's completely shot. The vibe is a blend of uncertainty and discontent. It's never been this... — read more
Does cracking whip really work? Lessons not learned.
Sure it works for a bit but in the end the do more with less. Have more aggressive deadlines and complicate processes does not provide the long term results you may want. Result is, you have employees doing the work of 2-3 people, finding ways to... — read more
Citi Risk to Exercise more pressure.
https://finance.yahoo.com/news/citigroup-c-pushed-fed-speed-143700288.html
The new scrum masters
Did you noticed in recent days in all Organization the old junks and favorites are tagged as "Scrum masters"
Citi counterparty risk
https://seekingalpha.com/news/4065450-citigroup-gets-new-notices-from-federal-regulators-on-counterparty-risk-report
Next layoff date?
Does anyone know if layoffs are officially scheduled for March 20th or is it just a rumor? Also, was there any announcement regarding layoffs on Feb 20th? How can we verify this information and prepare? Any insights on where to find reliable updates... — read more
Out of all the section that should be trimmed down the most, HR would be it.
Layoff the bulk of them and outsource what HR you need as you need it. They never respond and when they do, they give the least obfuscated answers they can give. Most often times its a link to the FAQ which in turn usually does not answer the... — read more
New Payroll "ASR" Information
Hi, all. The pay bands got posted today. Does anyone know how to interpret the max. "ASR" number? I am hearing all sorts of stories. Some say it's the maximum salary currently being paid for that C-level for your department (or division) for your... — read more
New Fed Rebukes
https://www.reuters.com/business/finance/citi-hit-by-new-fed-rebuke-setbacks-consent-orders-2024-02-12/
Why do my posts keep getting deleted?
I am in HR and have given direct, factual, objective answers to some questions being posed here, and the mods keep deleting my posts?
Global Updated
Have you guys seen that global has been updated. Past communicated moves are now in global directory with more changes to come.
Next Layoff News
When and How to know which Services impact most and region wise ?
When’s next round of layoffs in US?
Anybody got info from their seniors as to when is the next phase of layoffs in US? Is it end of February?
Feel bad for the people joining
Most of them are lured into Citi with big $$ and then find out they landed in a wasteland and bonuses are the worst. Then it’s all about survival and Lord of the Flies. You may as well forget about banking and winning deals in the marketplace, as... — read more
My job is kind of a joke
I work in somewhat of an operations role but more of a control in the process, but still a cog in the machine that inputs stuff. It's both analytical and mechanical, but it honestly seems kind of pointless. some days of the week, I have almost no... — read more
Managed Projects consultant jobs
Wanted to find if consultant/contractor jobs in 3rd party managed projects (from companies like Wipro/Infosys L&T,TCS, Cognizant etc.) safe? Have a offer via one of these for technology managed project and evaluating if safe to join
Ciri is paralyzed in fear
Is this what you wanted, Jane? Zero productivity and paranoia?!
Consultant Job Security at Citi Post-Restructure: Seeking Advice
Hi, After Citi's recent restructure, some other consultants are being laid off by Feb 20th, but I wasn't included in the cuts. With March near, I'm uncertain about my job's security. Not being part of any team, does this make me less secure? If... — read more
worker bees
What do you do when you're silenced and have no opinion or voice? You become a worker bee. your creativity isn't welcomed. you can't leave yet because you have family. you try to find a job, but its hard. what do you do? 0m ago by Anonymous
If I got promition, whcih means i will be safe from Layoffs?
If I got promition, I will be safe from Layoffs?
Who knows that layoff status..when they will inform..
If we are not included in mettings..can we assume that our position gone.
How do you get notified?
For those that where laid off did you receive an email or letter confirming you last day?
Internal openings
As someone needing to find a new position (internally hopefully) I've noticed that there are very little job postings going up. From what I've heard and experienced it's very hard to get a call let alone an interview. Any insight on this is much... — read more
I have a feeling I'm being driven to quit
I'm not the only one who feels this way in my group. In the past several months, micromanaging and negative comments have both increased drastically. My boss never used to behave this way, which makes it even stranger. It's like he received a... — read more
HR intentionally lagging on severance payout, at least that’s how it seems.
Just another example as to how useless HR is and needs to go. From reading post after post, it seems that HR is holding back on payout to either: a.) continue to gather interest off the money instead of paying it out or b.) hope you’ll be desperate... — read more
6-12 mos break after a layoff?
Anybody is thinking to take a 6-12 months career break after a layoff? Instead of jumping on the next work opportunity take time to focus on traveling, hobbies, socializing, mental health, spending time with family..
Layoff severance terms - US
Can someone please confirm the severance structure for the US? I’m hearing 2 weeks for every year served OR depending on annual pay (for example $100k+ minimum of 12 weeks) plus Warn period? Is it the 2 weeks per year or is it based off the annual... — read more
Does it seem quiet?
Feels quiet in office lately but a few zoom meetings. Does anyone feel the same and everyone is waiting for something?