Citigroup Inc. / Citibank / Citi Layoffs

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Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Layoffs kyc

Get ready for it folks
by | Post ID: @QgWjg4P
72 views | no replies

Huge workloads

How did "rarely you'll have to work an extra hour or two" noted during the hiring process turn into working 55 to 60 hour weeks on regular bases? Our workloads are becoming impossible to handle. Part of the reason are constant layoffs. They get rid... read more
by | Post ID: @QaERueM
140 views | no replies

Toxic management

Citi is in desperate need of senior management cleanup. The politics at the top have become so incredibly toxic that it can be a challenge to actually get something done on any level. Instead of dealing with actual problems, senior managements... read more
by | Post ID: @Q965Pw0
114 views | no replies

A positive spin to all this negativity!

I’ve been with Citi for over 18 years worked in the Tampa & Jax sites along with visiting multiple other Citi locations and have been through MANY layoff scares where it could just as easily been me versus my peers (some of which were dear friends)... read more

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

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

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

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

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
by | Post ID: @Pz1GqnN
301 views | no replies

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
by | Post ID: @PzM7RPx
457 views | no replies

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

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
by | Post ID: @PzBDmfl
365 views | no replies

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

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

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
by | Post ID: @IIbVQdi
910 views | no replies

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
by | Post ID: @H6oZOoM
1419 views | no replies

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

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

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
by | Post ID: @ExlLumo
1116 views | no replies

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
by | Post ID: @DAaPgCb
1159 views | no replies

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

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

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.
by | Post ID: @xwg63dQ
719 views | no replies

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
by | Post ID: @um8tobD
742 views | no replies

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