“ The Biden administration asked the Federal Trade Commission to ban or limit noncompete agreements nationwide as part of a broad executive order Friday” I wonder if Citi will take counter measures in order to retain top talent. Thoughts?
Mid-Year reviews underway.
Exciting times. It seems with the new CEO, there’s a renewed vigor in quality and accountability and the goals given are reflecting that.
I’ve never been more demoralized
How bad is morale these days? As for me, I’ve never been more demoralized, and I’ve been working here for a long time. I used to be proud to work here, and now I can’t wait to get my first solid offer and get out of here. I can no longer bear the... — read more
How much effort did you have to put in to get promoted?
I no longer have any hope of promotion. I put in maximum effort, tried to add value, was very proactive, worked harder than ever. It was worth nothing. I never got a promotion. Even though it’s all behind me now because I got an offer from... — read more
Counteroffers from your company when you resign
Accepting a counter offer is an insult to your intelligence and a blow to your personal pride, because you know that you were “bought.” Where is the money for the counteroffer coming from? Are you getting your next raise early? Your... — read more
Going back to the office post COVID, yes? No?
The title says it all. Good idea or bad idea?
Global Control Functions
New management is inept, I think came from Bank of America. Steer clear
Promotions freeze?
Is there a freeze on promotions throughout the company that I might have missed somehow? It's been two years now since I've been promised one and I'm still waiting. If I bring it up, there's always something wrong at that particular moment but they... — read more
Workload problem
I have a feeling that people are increasingly leaving on their own. I don’t know if my case is unique, but in a very short time three of my colleagues left here and they didn’t hire any replacements. Instead, the scope of my work increased... — read more
How is the work environment?
I currently work for a small bank and am thinking of applying. Can anyone tell me how is the work environment and morale as a whole? Also, are there are regular layoffs? Is it usually the last one in/first one out system or something else? Any... — read more
Have diversity hires always been the most qualified?
Is Jane really the best for the job? Was she even the most divers?
Aml investigations
Just curious to see what anyone has heard about aml in tampa and ny. Any rumors or gossip about layoffs or anything about working there??
Chicago branches closing?
You put EP in charge as a division manager and the whole thing falls apart. Miami is next. You think CIti leadership would have figured this out after he left the swath of devastation in the bay area. He didn’t have his laptop RK there to save... — read more
Layoffs in KC collections
50 collections jobs being moved to KY. Two months pay plus severance.
Layoff
GIAM announced major JDs in group. Held meeting today to notify the entire group. Not sure if they already alerted people that they are out or if its coming at a later date.
Job loss
Seems if employee has been off site on paid pandemic leave and site reopening date is unknown-unless employee is in position to wfh-they will no longer have a job. Phone call made to employee by OM without HR present on the call and employee is to... — read more
Review Results. Good? Bad?
Curious as to the impact the 900 million + 400 million fine loss has impacted review comps if any.
Severance Package
Can anyone shed light on what Citi is giving people that are laid? What exactly is included in a severance package at least on a basic level?
GCB re-org and layoffs coming
i received early word from our team leaders that GCB will be undergoing a re-org, and currently there is a wave of layoffs being planned. likely due to the focus toward regulatory measures as well as covid's impact on GCB performance. anyone have... — read more
AVP
Hi all can anyone tell me details about sir what to expect when interviewing for an AVP role? If I get the role, is it hard or easy to succeed ? Thanks for any insight you can provide.
Bring it on!
I'm glad to see in the comments here that I'm not the only one who is actually looking forward to layoffs. Things at this place have gone from bad to worse in a hurry and I really don't want to be here to watch it reach 'the worst' phase. I'm sure if... — read more
RIFs
When can we expect more RIFs to occur?
Early retirement
Does anyone know if Citi offers early retirement (I am 56) as an option to a layoff?
Here's How Much Investing $1,000 In Citigroup At Great Recession Lows Would Be Worth Today.
Here's How Much Investing $1,000 In Citigroup At Great Recession Lows Would Be Worth Today. https://www.benzinga.com/general/education/20/10/17908631/heres-how-much-investing-1-000-in-citigroup-at-great-recession-lows-would-be-worth-today
OFallon still can’t get its sh-- together
So the new director took over after Louise Sherman’s abrupt “retirement” and he promised the buck stopped with him. Really David? Does it? Nothing has changed since you took over. Same c-appy leads doing the same c-appy job all while the location... — read more
Citi fined $400,000,000 for lack of controls
https://www.nytimes.com/2020/10/07/business/citigroup-fine-risk-management.html
Jason Galinas , “SVP” outed as runner of qanon web site
Nearlt 20 year employee of the firm places on leave. S—s for him. https://nypost.com/2020/09/17/citigroup-employee-who-ran-popular-qanon-site-put-on-leave/
More cuts are expected to broaden to lower-ranked workers and spread to the bank’s operations
https://www.cnbc.com/2020/09/30/citigroups-new-stock-trading-chief-is-cutting-jobs-in-effort-to-revive-the-flagging-business.html
Citigroup Resumes Layoffs
Citigroup to Resume Cutting Jobs, Ending Pause During Pandemic Citigroup Inc. will resume job cuts starting this week, joining rivals such as Wells Fargo & Co. in ending an earlier pledge to pause staff reductions during the coronavirus... — read more
Yep we're criminals - OCC and Fed are after us
https://www.msn.com/en-us/money/markets/citi-faces-possible-occ-fed-reprimand-over-risk-controls/ar-BB192lLV I think its all over for this hell hole, get out while you can.
CEO announcement?
any thoughts on changes that Jane will bring in after Feb 21? Haven't worked with her so curious on thoughts for those who have.
Layoffs in Atlanta?
Any layoffs planned in Atlanta?
When will start layoffs?
Q4 or Q1 2021?
Citi AVP Salary range
Can someone let me know the salary range for AVP in testing
Growing evidence suggests that Covid-19 infection, like with other illnesses, is related to prolonged time exposed to the virus
How will they protect us when growing evidence suggests that Covid-19 infection is related to prolonged time exposed to the virus. The longer we stay in an environment that contains the virus, the higher the risk of getting sick
Citigroup is deciding whether or not to enact the Care Act 401k provision.
Lawmakers in Washington are making it easier for Americans struggling with the fallout from the coronavirus to draw on the trillions of dollars in their 401(k)s and other retirement accounts. For a limited time, Americans will be able to withdraw... — read more