https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/citigroup-s-cfo-mark-mason-reclaims-spot-as-highest-paid-bank-cfo-in-2022-77211999
I do not agree with my rating of 2, exceeds
I feel like I am a 3, a valued contributor. I told my manager I disagreed with this rating. I felt my peers deserved it more. I am not a favorite here and don't understand why I received it. Manager disagrees with me. I have not shared my... — read more
Bonus announcement delayed
https://www.efinancialcareers.com/news/2024/01/citi-delayed-bonuses
Welp. Waiting to hear my fate
15 months at Citi and awaiting to hear my fate. Sh-t su-ks a-s.
Question
I am wondering, as a relatively new joiner, will HR take into account the full background/CV of the person when taking the decision to sack? Or only time spent at Citi?
Will you take a Pay Cut or Leave ?
If Pay cut is an option , are you willing to take it ? or leave Citi ?
Expected Changes
With https://finance.yahoo.com/news/citigroup-report-780-million-restructuring-214823471.html Just a brainstorm of what to expect in coming days : More contractors to go More new joiners to go - minimal severance pays More low profiles to go -... — read more
Wow! The level of incompetence at this company is stunning
The fish rots from the head. https://www.cnbc.com/amp/2024/01/10/citigroup-risk-quarterly-loss-after-disclosing-charges.html
Bonus Warning . . .
This last-minute earnings announcement/update is not good news, folks. Billions in extra expenses as we prepare for bonuses to be announced. I guess we’ll know soon enough, but I wonder if this $780M restructuring expense number is in addition to... — read more
What could be done by AI?
Trading Risk Control Middle Office Comms Most tech teams Payroll Banking Monitoring
Job hunting but no response whatsoever - is it me or the job market is incredibly bad at the moment
Glad that I found this site. I am based in London, and this is the first time I have experienced this. Usually, I will receive calls from recruiters shortly after I set my LinkedIn profile to "open to work, actively searching". But I have been... — read more
Cut HR, what do that they do that AI could not?
You gotta cut the people, sure, do your thing, why not but also cut HR. Throw them into the mix. We already have an HR chatbot, HR is removed. We already have a system that parses resume’s for key words, another thing that HR is removed from. ... — read more
What does a 4 rating on everything do for the End of Year ?
trying to udnerstand what 4, 4, 4 does. I asked my manager and he didnt even seem to know what the score does
Almost every employee is looking for a new job
This is the first company I see almost every employee is looking for new job at same time
Who determines your overall rating?
Is it your manager or your manager's manager? H/r? How do they determine who gets what rating? I know a few who received 3s when I feel they should have received 2s. I know some who received 2s when I feel they should have received 3s. How is it... — read more
How do you handle your line manager who uses any excuses to pick on you.
I have never experienced this in other companies. I guess he just does not like me. I have good relationship with my stakeholders and other team members.
Do the bare minimum until your time here is up
Since we're not being laid off based on merit, do yourself a favor and do the bare minimum until your time here is up. I think it's safe to say that the majority of us realize that Citi is not the best place to build your career, so there's no need... — read more
Citi no longer least loved stock.
https://www.bloomberg.com/news/articles/2024-01-09/morgan-stanley-displaces-citigroup-as-least-loved-big-bank-stock
Brutal next week
Since earnings announcement is next Friday, have a feeling it’s going to get nasty bc analysts will definitely ask about “headcount” and I think last time they asked, Jane or mark said we won’t know until next quarter aka this Friday.
Layoffs clarification
Because I see lots of misinformation here: I have been through restructuring at another large US bank: I was contacted by the senior ED of the team and he shared that I will be moved to a different sub-team. My manager was aware but was not on... — read more
Is this silly to resign now?
I am on my last leg. I am very competent with my job but the leadership is so toxic and every day is soul crashing. My colleague advise me to wait a couple of months but I am not sure if the suffer is worth it. Seeking advice and thank you.
Irony
Logged into my virtual desktop today and realized - aaa it is much faster now, Citi have installed new CPUs for us. But then I saw that the CPU was running at 50+% constantly - and then checked and realized they also installed a mouse/app tracking... — read more
Hump Day
Has anyone else heard this is happening on Wednesday?
Comp Day
Has anyone else heard this is happening on Thursday?
Layoff announcement
Will it be the direct manager or director of the team , to let employees know they are being laid off?
What does 3, 4, 4 rating mean?
Overall what does 3, 4, 4 rating means? Is client and franchise outcomes considered in the overall rating? And does this means overall 4 rating?
Citi has turned into a toxic workplace
We have to deal with an unhealthy, stressful environment every day. Layoffs are starting to look like the better option at this point.
End of the year review - who can see it?
Hi guys, Just wondering, when you apply for internal jobs, will the new hiring manager see the rating and comments made by your old manager? Thank you very much.
An odd following on this board, a following of instigators.
There are some who seem to thrive off of the panic and fear mongering here. They can’t seem to stomach the thought of others seeking to leave the company but truly seem to enjoy letting you know that you are 100% at Citi’s mercy with absolutely no... — read more
interviews started
Slowly the hiring started back in market. Looking to jump from this chaos.
Next week
Should I assume that next week is safe? I've been going through posts here once again and most predictions on the start of layoffs mention either January 15 or some subsequent date. I know it doesn't make much difference in the grand scheme of... — read more
Treasury and Trade solutions - services
Anyone has heard anything about layoffs in TTS?
Citi does background check for contractor conversion ?
I know most companies does background check for Employees. Citi also does it with basic criminal checks and thumb printing. #1. Does Citi performs similar checks for contractor conversions ? #2. Does Citi checks for Education background and validate... — read more
Update
VPs in Risk were let go at the end of December in EMEA... Seems like some teams will bear heavy losses - in the particular team 2 out of 3 VPs were let go.