This is just one example of countless errors that occur. Why? No staff, little training, constant pressure, no incentive. https://abc7news.com/amp/finance/bank-error-jeopardizes-$400-bonus/5342279/

Global Head of GIS, CB, finally canned... what a great day. Why are you deleting this post????

I keep hearing something is going to happen the second week of July in O’Fallon, MO. A big announcement or layoffs. Any more info on this?

All the executives seem to talk about is the digital future all while cutting jobs but not replacing those workers with digital solutions. This is my perception based on ever decreasing FTE and increasing workload for those of us remaining... — read more 

the CIO is awful

Why can’t we do this and do it better than GS????? I’m so frustrated. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/goldman-follows-apple-amazon-into-disruptor-territory-184340494.html

The iPhone started the revolution. Facebook will finish us off. They’ve figured out how to become a bank while usurping banking laws. We’re totally screwed... — read more 

Bitcoin. Bye

What’s going on? And rumors? Org changes? New head is in

Severance info from past posts: @Z0nqAk7 @YY9NVxN-6iyb @YY9NVxN-gkm

Antony nappi "retiring", this is gonna get interesting. Wonder who's taking his place and what type of changes will come about. I'm grabbing the popcorn and ready for the show.

Tipping of all current colleagues, NJ and NY will no longer be a hub for operations and technology next 5 years. If you are in front office,you probably be fine as long you keep your numbers up and pick the right politics.

No further updates. Let us know where you end up. And for the sake of god, leave banking. Would love to see some success stories here.

I use work for Citi. For the friends I left behind I'm glad you didn't lose your jobs but you all are on borrowed time. I would not count on getting severance because Citi is going to continue to run people out by firing and or making it so... — read more 

More than 500 people laid off by Citi in January 2019. Now another 450 people in IT with their last day on 6/28. Heard another layoff in Oct/Nov 2019. Looks like they are targeting folks 50+ years of age from the U S locations. One that I know has 33... — read more 

Because this company is led by myopic leaders who can’t see past the initial the bottom line. Goldman Sachs is an elite bank for a reason. So WAS Citi. Those leaders are long gone... — read more 

What is the scope of the layoff? Specifically in NY & NJ? Are they getting rid of anyone regardless of title or are they getting rid of managers? Can anyone provide any information on where this is headed?

Site Managers last day in O'Fallon is 5/31/19. Writing is on the wall.

....isn’t that what Citi said before the axed hundreds if not well over 1000 branches? https://en.businesstimes.cn/amp/articles/111984/20190513/citibank-not-worried-with-slew-of-new-digital-banks-popping-up-in-hong-kong.htm

Work from home = Job moves to contract employees, eventually. Numbers of Years employed is not a factor when reduction in force efforts are activated.

Having received a raise recently will not shield you from being laid off. Talking from personal experience. I managed to enjoy my pay bump (as measly as it was) just for a few months before I was handed the proverbial pink slip. Just thought a... — read more 

Citi recently laid off several IT employees from Hagerstown site saying that they will shut down the site. Several other IT employees also got laid off from Texas, Sioux Falls, Jacksonville and other sites. Hundreds of US Citizens lost their jobs... — read more 

Today, 5/22/2019, Citibank in Hagerstown MD held a meeting to inform all employees that if they qualify, they must work from home. Citibank Leadership made it clear that the employee has no choice but to work from home and they will not offer any... — read more 

Does anyone know if you can volunteer for a severance package? I want out. I can’t stand my boss and most of my co-workers. They are all afraid to lose their jobs and have become the most miserable people I have ever met. NY employee here.

Site email confirmation. Site to close at year end. Some may be able to work from home. TBD.

Is there ANY chance we can get a few-month reprieve?

The entire premise of this is cost savings - and because the economy is flat, deposits are down, the branch networking footprint is tailored to a few distinct markets, and the executive bonus structure is unsustainable. The organization has also... — read more 

I don't believe Wednesday's town hall meetings will be an announcement that the site will be closing. That's not how companies go about it. If they were letting workers go they would bring them in to a team meeting one department at a time and let... — read more 

Major reorg with leadership positions at risk will likely happen in Q4. Discussions are happening now and decisions are to be made by sept/oct. Regional managers, sales directors, and area directors are on the chopping block. Small business is being... — read more 

Has anyone heard if AML in ofallon mo is downsizing today?

I don't believe Wednesday's town hall meetings will be an announcement that the site will be closing. That's not how companies go about it. If they were letting workers go they would bring them in to a team meeting one department at a time and let... — read more 

comment what you believe to be the most likely scenario; just one word no reasons why: Closing move to one building same site Relocation to someplace within 45 mile radius I don't know or something else entirely

I don't believe Wednesday's town hall meetings will be an announcement that the site will be closing. That's not how companies go about it. If they were letting workers go they would bring them in to a team meeting one department at a time and let... — read more 

If you are working from home, you have to come in. Three sessions. Good luck, you will need it...

Any updates here? Layoffs?

Hmm..if there was supposed to be a February closure how was there not more being moved out or people losing their jobs? A Credit dept JUST moved some of their workload off shore. I’m not in credit however and literally nothing has touched my... — read more 

If US based, we should be concerned

layoffs have begun today in O 'Fallon. Claims managers.. more to come.

What's going on with Citi lately? Can we have one week without a new layoffs notice? Is that too much to ask for? Is the situation really that bad that cutting people left and right is so desperately needed that we can't even get a break? We have... — read more 

We heard of consolidation of ESC and TPM in Tampa. Word is NY will see cuts while they try to build up the Tampa and the global CSC idea. Anyone heard the same?