Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Biden vs. Corp noncompete agreements

“ 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 

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 

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 

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 

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| 2082 views | | 1 reply (February 8, 2021)
Post ID: @OP+19jMtyOJ

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.

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| 1860 views | | 2 replies (last February 4, 2021)
Post ID: @OP+19ewFVBA

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 

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| 3043 views | | 1 reply (January 16, 2021)
Post ID: @OP+18WNrdOn

Review Results. Good? Bad?

Curious as to the impact the 900 million + 400 million fine loss has impacted review comps if any.

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| 1840 views | | 3 replies (last January 20, 2021)
Post ID: @OP+18VyWK5C

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?

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| 20170 views | | 17 replies (last April 1, 2024)
Post ID: @OP+18RVnX8b

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 

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| 2840 views | | 6 replies (last January 6, 2021)
Post ID: @OP+18w3V8VL

RIFs

When can we expect more RIFs to occur?

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| 2310 views | | 3 replies (last November 19, 2020)
Post ID: @OP+17YVyW43

Early retirement

Does anyone know if Citi offers early retirement (I am 56) as an option to a layoff?

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| 2730 views | | 9 replies (last November 29, 2020)
Post ID: @OP+17UHtUN5

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 

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| 2590 views | | 6 replies (last November 3, 2020)
Post ID: @OP+17xFoKky

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 

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| 4050 views | | 3 replies (last September 24, 2020)
Post ID: @OP+16XRtXSn

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.

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| 1454 views | | no replies yet
Post ID: @OP+16XReWOT

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.

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| 2260 views | | 4 replies (last October 1, 2020)
Post ID: @OP+16TGDk7A

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