How is the restructuring impacting control functions like Legal? I left for another large bank a year ago and the team seemed thinly staffed and stretched to begin with. Is the plan still to hire in low cost places like Tampa?

Yes, there are other circumstances, but I truly believe your direct manager ultimately decides. Those who believe that the manager doesn't know until the final hour are deluding themselves. I believe they know and may know months in advance.

With the end of Feb and March looking like the dates to perform the against the organization, how is everyone feeling about the communication so far from their leads?

I have an offer for BISO position in the US. Can anyone comment on if the IS area is being downsized? IS is usually pretty safe, but i read about pieces of Citi being sold off or eliminated and not sure I would be stepping into a short term gig and... — read more 

I hear conflicting reports on the status of Contractor layoffs. Anyone have any firsthand knowledge of the situation, especially in Risk Department?

If employee resign on 1st Feb after bonus is received in his bank account, will Citi claw back the bonus?

But too many teams and leads. Should have three or four teams with 15+ analysts each. Only one svp group manager… This will help with efficiency and slas…

What's going to happen with ISG?

https://dol.ny.gov/warn-notices

Haven’t heard anything yet from our Canadian counterparts, however with people I checked they said they’ve been told to hold your head down and wait till March end. What a mess!

If I am laid off mid-Feb and I have 10 carry over days unused as of that day. Would these carry over days still be paid out to me even if I will be on WARN period through 5/31?

BCG consulting has 0 clue citigroup bank. EMT is lost in this. CIO organization is dismantled. So are other critical roles and functions. This what waiting to happen. Wait folks. Buckle up Risk gaps and bank operation failure. Another guranteed... — read more 

https://layoffs.fyi Drives me nuts In the week of Jan22nd how many were let go? Anyone knows numbers?

Im seeing lots of harassment, bullies being propped up, discrimination, all that stuff, happening. Are you all raising cases using the ethics hotline ? Would nt it just need one of these to be leaked to the press for this whole thing to be exposed... — read more 

Grow up, you obviously have a miserable life. People are on here to get help or to discuss their experiences. You seem to come on here all day just to troll.

C15, shockingly laid off, zero performance issues, good rating, no update from HR yet and no bonus slip in workday. Has anyone laid off got an update from HR? is citi paying bonus to folks laid off? if yes, when? TIA…

Payment will be on 1/31.

A very useless group of smug people who put forth more effort to not help you than any other group in Citi. All I’ve ever gotten from them is busted links or links to FAQ’s which have nothing to do with my initial question.

Seems DevOps team are scrutinized and shuffled. Do Developers need to look after DevOps too ?

they could’ve mentioned this back in september. 4 months of drama

When the VOE hits, no one will dare say a thing about the way the layoff is handled out of fear….as usual. So when the results are in, the feedback will be “I guess we didn’t do so bad after all, the results are much better than we expected” . So... — read more 

Subject

Who are the pro citi naysayers? The naysayer group are wide and varying. Composed of HR plants, prideful managers, koolaid drinkers, and brown noser’s. Why are they hardcore pro citi naysayers on this board? I believe most of it can fall into... — read more 

Most Citi employees are applying for jobs, but not even a single call for interview. Employees are facing fear of job loss, urge to leave, politics, cheating to hold position, project control, and severe mental pressure. Project decisions are... — read more 

Based on the name, wouldn't they be more at risk for cuts than anyone else?

From another post: “Bad outlook due to myopic leadership. Citi’s great competitive advantage was its global reach. Instead, Citi’s execs decided to dismantle the global components to improve stock price for short term profit. By 2026 Citi will have... — read more 

Anyone else have a teams issue?

How are you guys doing so far? I miss the COVID days.. had two offers from GS and JPM within two months of each other and took the Citi match to not RTO. Nowadays I barely get any bites, it's exhausting.

https://finance.yahoo.com/news/citigroups-laid-off-employees-york-163545473.html

I just got a new job offer as a VP in compliance but hearing of all the restructuring and layoffs scares me. On the other hand if you make it out the other side it may not be such a bad thing. What say you.

Maybe not now at the onset but overall before its over with, this year has a good chance of being a bull market. Of course nothing is for certain but after each recession, there is a strong bull run. Are we in a recession, yes, no, maybe. Most... — read more 

No compete is for vendors we do business with, not the competition. We work with and have a no compete with company ABC. You can’t leave Citi and go to work for company ABC for 1 year. If let go by Citi, the no compete is null and void. The no... — read more 

Im a MD. Have zero idea what my new role is. No clue who are these people B-C-G put in my square boxes. Nobody asked me. my manager has a job lined up at JP and planning to quit after February 2nd. Wants me to join him after one year due to... — read more 

Anyone got information on when’s the next phase of layoff happening? Is it around the week of Feb 20th similar to how it was in Jan?

I have never bought anything with money. Everything I have was bought with pieces of time I sold from my life to a job that will never have paid enough when my time is up. No, those long days are not worth it.