Does anyone know what bonus for rating 3/3? Is it around 1 month salary or even less?

I heard that some comms are to come out tomorrow... anyone else with more information?

I’ve been around for a long time and Citi is not the only wrung in my employment ladder. As such, I can honestly say that Citi HR is probably the most worthless department that I’ve ever come across. I don’t mean worse HR department but rather... — read more 

First paragraph reads Based on your current role, you are an employee subject to early termination notice requirements (Garden Leave) under Citi’s Employment Termination Notice and Nonsolicitation Policy (Policy). Have any of you received this?... — read more 

Last year it was informed on 11 Jan, does anyone know if that would be the same this year?

How are we expected to maintain a positive work environment with layoffs constantly hanging over our heads? Honestly, my productivity is a joke currently and it's not because I'm intentionally slacking off. I just can't concentrate properly on... — read more 

I've been seeing in this page that bonus doesn't guarantee since terminated employees will get bonus, but what about if they tell you your raise is this ____. Are you still not safe in the short term?

I am hired into Citi and working in a project for past 2 years. After joining I got a rating 3. since I was new (within 6 months) I accepted the rating. I did lot of work for past 1 year and today I got the rating as 3. I am surprised. The project is... — read more 

Just curious how the Severance pay out works. I know that you receive two weeks of pay for every year you work with Citi (so 3 years would be 6 weeks of pay), and vacation time paid out is also clear because you just get the balance you have, paid... — read more 

People are losing their health stressing over what's coming as well as their livelihoods when they are laid off, but hey, the stock is going to soar! Let's remember what's really important in the grand scheme of things, right?... — read more 

I’m sure that some of the posts are true and that Citi is dragging their feet on paying out on severance or pending benefits. Hoping that frustration will cause a person to take just any job at a much lower wage or just drop it. Once a job is... — read more 

I was laid off in Oct. I was placed on a 60 day non-working notice. Its now Jan and I still haven’t received my severance. Citi is in really bad shape.

Heard that managers are asked to give harsher ratings so just curious

https://www.efinancialcareers.com/news/2023/12/job-security-investment-banking

I'm convinced that instead of having layoffs in January, the leadership will make us wait to make sure more people quit. The fewer people are left to lay off, the more Citi saves in severance costs. And that means bigger bonuses for those at the top... — read more 

There is always a word inside Citi. The Culture is broken and Citi is going to follow New Way. What is Culture ? Culture is something a team /org as a whole behaves. Whether it is marching forward or pulling the whole company down. Jane brought... — read more 

Why limit your job searching to just internal postings to Citi? Why limit your job searching to just the financial sector? Search beyond the financial sector. Yes, for now, there are not a lot of postings. Yes, there are tons of applicants per... — read more 

Does Citi have too many VP’s? Not really. In order to bring someone in OR to retain them, you have to give the a salary that equates to their role\skillset. In order to do that, you have to place them into the VP slot as that provides you the... — read more 

https://www.entrepreneur.com/business-news/nike-intel-cutting-jobs-next-year-layoff-projections-2024/467657

It is good that Citi tech teams are being laid off. I have never seen a top company with such a poor tech stack. I experienced problems with almost every piece of hardware/software I have ever used at Citi - laptops, dongles, WiFi, Citi authorization... — read more 

Severance packages used to be much better, not just at Citi but overall. If you were laid off, you'd get a proper safety net that would help you land on your feet. Today, we get a week or two at the most per year with the company and that's it. No... — read more 

Did the co-CIO repping consumer get axed?

Why are there 2 or 3 people chasing me down almost every month to complete my training or to get project updates? Why do we need 5 SVPs to track whether consent order work is on time? Why is my boss asking the team on how we can improve the PM... — read more 

What do you think Citi needs to do to turn the company around? What are the top 3 things you would do if you were in chrage? I know it's it's not easy and it wouldn't be a quick fix. I know culture needs to change but how do you turn the Titanic?

This is normal. Investors want to jump on board while the stock is low and is supposedly rising. The hope is that the layoff of “trimming the fat” shows people that “management is serious about the bottom line, the balance sheet” . This is all... — read more 

No, I don't want to be laid off. But I'd rather know I'm out of a job and start working on my next move than having to wait and stress over it for fu--ing months. It's one thing to tell people about layoffs a few days or a week ahead, but months... — read more 

Are they sleight of hand or some complex form of subliminal messaging? Or rather does she think she is looking fancy flailing her limbs and head about? Girl you fancy huh.

I have been with Citi for almost 11 years, but it’s the first time I am worrying too much seeing this forum. It’s giving such high blood pressure and panicking after seeing fear from my fellow Citi’ens.

Anything u heard about layoffs in markets technology? Will it be mostly c14 and under?

Who do you think in corporate banking will be affected in Jan? C16 to C11s. Bankers or Support Bankers

The Citi work environment involves managing with a level of fear and chilling the employees. This is such a strange culture; has it always been this way?

I’m surprised at the terminology used here such as “brutal,” “bloodbath,” etc. and then all these media msnbc getting constant “inside info.” which sound more like controlled deliberate information releases by the own bank to the press about the... — read more 

We've had a nice little reprieve but now it's back to reality. It says a lot about the current state of Citi if I'm feeling physically ill at the thought of having to deal with work and all the cr-p that comes with it these days. I've lost all hope... — read more 

I assume the culture has always been problematic and the layoffs and uncertainty. How has the bank managed to retain people for 20-30 years?

How many of you hold Citi bank accounts. Do you close it for good knowing current operating scenarios?