Surely this option would benefit most - some people want to leave anyway and then there is more room for those who want to stay.
ZERO RAISE
I did not get a raise for 6 years in a row- is that legal? I know crazy for staying but as a single mom- I needed the security.
Upcoming C14 and C13 Layoff deciders
Who is going to be C14 and C13 layoff deciders. Is it external company like what they did for C15 and and above or is it going to be internal management ?
Citi warn period
Does Citi warn period of 2-3 months applicable to upcoming layoffs of C14 and C13 as well ? or only for top management ?
Sales and trading layoffs
Any layoff in sales and trading C16 NY or it's over?
Is unused PTO used along with severance?
Is this similar to getting paid out when you voluntarily leave?
Paid Time Off in Workday
Should there be concern when available planned paid time off is zero hours? On Workday the only two rows that show any values other than 0 are Volunteer and unplanned time and planned/holiday show 0. Is this how everyone's is now showing or should I... — read more
New salary is still not effective?
Why is new salary not effective yet? HR email from yesterday with new comp details said it’s effective as of Jan 1, 2024. But when I check paystubs/my comp today (Jan 25, 2024) it still reflects old salary which was lower
This is mental torture
I swear, I can't take much more of this. Citi wins. I'll start looking for a way to leave on my own.
Is it even worth it to work here now?
So many are scrambling to have a bunch of useless meetings and sending multiple emails to show they are busy and 'adding value'. Some directors, SVP, group managers, leads, etc are spending time justifying their roles and making up stuff to delegate... — read more
Belfast office impact?
Anyone impacted yet?
Mark the Clown
Always enough money to bring in another high-level executive. Nice going, Mark Mason you absolute clown.
one of the 5000
Hello, I am one of the 5000. I have to admit that I am still emotional about this, but also push myself to be more realistic. I wonder whether there is anyone else here in the same boat. How is your bonus situation, my other 4999 fellows? I have not... — read more
Anyone Unassigned After Team Reorganization?
Are there anyone in staffing companies who haven't yet been reassigned to a new team after recent organizational changes, like team merging or splitting. How long have you been waiting to be allocated to a new team? It seems many have found their... — read more
Bonuses
When are our Jelly of the Month Club certificates released?
Jane is suffering like the rest of us.
We are all in this together.
Grass is always greener
Cheer up, people. I know it is a difficult period, but remember that restructurings are happening all over the place. I have friends and family who were paid off in 2023 across all kinds of industries - finance, tech, pharma. It is not the end of the... — read more
For now
Everyone will decompress and calm down now……until…..Feb and March when C14 and lower in addition to contractors will be affected. Then the panic will start all over again.
Hoy much hike did you get ?
VP tech , got around 1. 75 % (3/3) Our bonus is negligible every year, it is $1000 to $1500.
Any news on Compliance's new org structure?
I was told it was not released by EOD on Monday.
Services ORG charts are out
Don't think anything changed other than people moved here and there.. My director is safe but not sure of there will more reorgs/layoffs
Why is Global Directory not being updated as per new announcements about organization structure ?
Any idea ?
Is it true?
Is it true that Citi will be laying people off?
W2
If they're going to layoff people, it would of been nice to have 1 year where the W2 doesn't roll in on Jan 29th-31st... Seems to be a trend... keeping people on the edge of a cliff.
No surprises here
One fixed income headhunter summarizes the recent round as follows: "People at JPMorgan are happy; people at Goldman Sachs are feeling like it's been a hard year and they're lucky to have their jobs; people at Morgan Stanley are moody; people at... — read more
Going forward, every month someone will make a post of “this month the big layoff starts”
No need to comment. I’m not looking for any reactions. Just asking that we should all assume that ‘yes, we can assume that layoffs can happen at any month going forward until 2026’. Feb its happening…..March is the month….April its on……etc….All... — read more
Does company provides any Reskill opportunities
Does Citi provides any reskill opportunities for the letgo persons. For example does access to Udemy stays or goes ? I believe Udemy requires SSO access.
Tuesday 8am. Email from Jane. Each business will announce thereafter.
And so it begins….
Director laid off - what will happen to the team?
Any VPs and SVPs whose director is no longer there? What’s next?
Anyones virgin pulse got cancelled?
I received an email this morning about my virgin pulse account being cancelled. Did anyone else get that? I thought layoffs have been communicated last week to those impacted...