Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Long hours with no overtime

I used to like working at Citi, but boy oh boy have things changed here lately. I used to be able to balance my work and my family life pretty well, but that's a thing of the past. The expectations keep rising to the point where overtime is pretty... — read more 

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| 1960 views | | 2 replies (last October 6, 2017)
Post ID: @OP+PBVbKQM

Sioux Falls

So just found this site and glad to see it. Wish Sioux Falls would be honest on what is going on and the old saying "when we find out you will find out" is a load of BS if they would just come out and tell everyone the truth on what is going on, then... — read more 

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| 2110 views | | 2 replies (last April 26, 2018)
Post ID: @OP+PBOWNg3

Nepotism rules Citi

I'm getting so tired of this... Nepotism is so rampant at Citi, it's impossible to advance unless you are related to or really good with somebody in management... No matter how hard you work, no matter what extra skills you bring to the table... — read more 

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| 2890 views | | 3 replies (last November 23, 2017)
Post ID: @OP+PBUZpdh

Displaced -- Gray, TN

I just went through a "Job Displacement" in Gray TN trained my replacement in South Dakota.

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| 2460 views | | 3 replies (last October 5, 2017)
Post ID: @OP+PBjqhvu

2016 layoffs

I was let go January 2016 for business reasons. After 30 years at Citi. This has been ongoing since I started working there in every state. Senior Management issues the cuts to be preformed for all banking departments in all states. Some jobs are... — read more 

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| 2303 views | | 2 replies (last October 5, 2017)
Post ID: @OP+PzTcotA

What is the sense of this?

I got caught up in a round of layoffs in 2010 and it wasn't the first one. The saga continues with the most recent round of layoffs - there will be more to come - that's for sure. Notice how we no longer have Citibanks in Texas? Still have ATMs in... — read more 

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| 1652 views | | no replies yet
Post ID: @OP+Pz1GqnN

HR department

HR department is the most under qualified people I have ever seen in a corporate environment. The company gives possitions to people they like over people that are more qualified. Citi bank is like all corporate companys, they are allowing computers... — read more 

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| 1787 views | | no replies yet
Post ID: @OP+PzM7RPx

CYA First

I’ve spent almost three years with Citi and I think I am done. Actually, I know I am done as I am actively looking right now. People here talk about layoffs and rest assured, Citi has them. However, they have them as much as any other large bank so... — read more 

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| 1761 views | | 1 reply (October 3, 2017)
Post ID: @OP+Pznf1fw

Tampa Temps

This repeats every year, Citigroup accumulates a back-log of cases, hire a ton of temporary employees (they also make an effort to convert a few 'temps' to ‘perm’ status just to create an illusion of trying).... Anyhow, the remaining analyst will... — read more 

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| 1727 views | | no replies yet
Post ID: @OP+PzBDmfl

New layoff rumors in Hagerstown.

New layoff rumors of around 200 reps at Citi in Hagerstown. Was over heard on a phone conversation by a UM. Can anu one verifu what unit ?

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| 3250 views | | 4 replies (last March 29, 2019)
Post ID: @OP+PubFzUz

TCS outsourcing

As long as there is TCS around there will be more outsourcing, there will be more jobs lost and there will be more jobs sent to India. Meanwhile, there will be a significant drop in quality, customers and clients will be getting more annoyed and it... — read more 

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| 1742 views | | 2 replies (last October 6, 2017)
Post ID: @OP+PmCSd3h

Sioux Falls Citibank Layoffs

I was laid off back in April. It was handles properly and I was given a severance payment. The job market is fairly good and I was able to find a new job within 4 weeks. I see a lot of negativity here, I know many people hate TCS taking over on the... — read more 

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| 2330 views | | 2 replies (last October 5, 2017)
Post ID: @OP+OP3pWDK

Get used to the slim down...

...it's going to get tougher. http://www.wsj.com/articles/barclays-cut-in-half-as-europe-slims-down-on-wall-street-1470250141

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| 1880 views | | no replies yet
Post ID: @OP+IIbVQdi

Let's all move to Chennai and Poland

The firm continues to layoff people that work out of high cost areas and hire in Chennai India and Poland then they wonder why so many issues occur. They should dump some upper level management and save the workers that need these jobs to support... — read more 

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| 2540 views | | no replies yet
Post ID: @OP+H6oZOoM

Citi Job Cuts 2016

Citi's Technology organization is going to be hit with a major downsizing. Already one global Technology head (MD) for their offshore consumer business and one of his lieutenants have been put on garden leave. More to follow soon. Welcome the #H1B... — read more 

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| 4730 views | | 6 replies (last March 28, 2016)
Post ID: @OP+G1N9YfW

Layoffs are true

Citi is following dop down approach. The layoffs started this year by removing more than 50 middle and senior managers. In coming weeks they will give pink slips to lower managers and employees. It's part of company restructuring and resource... — read more 

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| 6300 views | | 7 replies (last February 1, 2017)
Post ID: @OP+FuMaanU

Citi Group - Florence, Kentucky No Layoffs

There are no layoffs in Citi Group in Florence Kentucky - we are doing just fine and the company has been expanding. I am very happy to work here as the city has problems and there are no many good jobs over here - So, working for Citi is a blessing... — read more 

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| 2245 views | | no replies yet
Post ID: @OP+ExlLumo

Go ask Vikram Pandit where his conscience is

He pulled the trigger on 50,000 folks back in 2008. It was a defining moment for Citi, It was massive and horrendous. So, our genius Vikram turned around and hired new folks very soon, so what a stupid mistake all of this was. Execs are more... — read more 

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| 2076 views | | no replies yet
Post ID: @OP+DAaPgCb

Citi Job cuts

As far as challenges Citi have many, including people which live with their head in the sand, just like the 2 that commented before me, Future does not look too good for a company that lost it's identity, no growth, no matter how much blood the... — read more 

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| 2015 views | | 1 reply (August 26, 2015)
Post ID: @OP+DaCz3Rr

Largest Layoff in History

While being a huge global entity with more than 3777 branches in around 36 countries, in 2008 we became famous due to our massive employee layoffs.In 2008, we became the focus of attention again, but this time it was not due to our global... — read more 

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| 6520 views | | 3 replies (last August 16, 2015)
Post ID: @OP+AHW07g1

CitiMortgage Danville, Illinois

We had layoffs in 2013, just like any other company that had to do anything with Mortgage Business, CitiMortgage had challenges and had to lay off thousands of people. BOFA and WF did the same thing, you really cannot expect us to do better.

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| 1473 views | | no replies yet
Post ID: @OP+xwg63dQ

Citigroup will layoff thousands in 2014

Citi is planning restructuring again and do not be surprised if you see thousands of jobs lost. Mortgage side will likely be the most affected - I am sure that there will be some purges and job cuts on the investment banking side as well. Things like... — read more 

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| 1492 views | | no replies yet
Post ID: @OP+um8tobD

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