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
Topics regarding layoffs at Citigroup Inc. / Citibank / Citi
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
Citi to suspend mortgage payments for three months (California)
Wells Fargo, US Bank, Citi and JP Morgan Chase will defer mortgage payments for three months. State chartered banks and credit unions will offer similar deferrals. The banks also pledged not to initiate foreclosure sales or evictions for the next 60... — read more
Offshore answering!
I called customer service & a woman in another county answered. I couldn’t understand her & it took over 60 minutes to be transferred to an American! Maybe they shouldn’t be laying off Americans.
Coronavirus is a golden opportunity
https://www.linkedin.com/pulse/timing-next-financial-crisis-under-construction-dahn-shaulis/?trk=mp-author-card https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html
Any layoffs anticipated due to Covid19 fallout?
Is this being discussed to anyone’s knowledge?
Stock price
Back down to $50/share (or $5.00 prior to the reverse stock split. I guess I’ll have to wait a little longer to get back to pre financial crisis levels of $500/$50. Thanks for your leadership “‘Mikey”. #newceonow
How many people work at Citigroup
Do you know the total number of employees for Citigroup?
2020 going forward
Well here we are. Citi announced stellar earnings, more than ever since 2006. Most if not all bonus’s were diminished if existent at all. The upper echelon got their well deserved rewards while the lower cogs in the machine got nil. Staffing has... — read more
Most layoffs since 2015. And these are the good times.
https://www.zerohedge.com/markets/banks-celebrate-record-high-stocks-most-layoffs-2015
Structural layoffs. The robots win
https://www.bloomberg.com/news/articles/2019-12-06/robots-in-finance-could-wipe-out-some-of-its-highest-paying-jobs?srnd=premium
VOE Results
So VOE results have come and guess what.......EVERYONE HATES CITI! Upper management is still in denial. The O’Fallon AML dept is the worst. Keep up the great work guys! Maybe next year we can light up all the charts with new low numbers and all red... — read more
Secret Lay-off Program starting with “M”???
Heard that there is a program underway for major layoffs in January. Something that starts with a “M”? Anyone know anything about that that can be shared here? I’m fine taking a package, just give me a little bit of notice; we’re all adults.
Citi Layoffs 2020
What are your thoughts about potential Citi Layoffs 2020? Any news or rumors?
Layoffs Nov 2019
I was told my last day will be 11/22/19. 18 years with the company. I’m over 40 with a family of 5 and was the sole provider. I live in St Louis area and work at the Progress Point site.
Partnership with Google.
Good for the bank or a Trojan horse that will lead to more layoffs? https://www.google.com/amp/s/www.cnbc.com/amp/2019/11/13/googles-checking-account-is-setting-up-a-showdown-with-apple.html
It’s happening at HSBC and not USbank.
Will is happen here? https://www.thelayoff.com/u-s-bancorp?sort=active