I try hard, but there is no progress. That depresses me a little. Perhaps I’m overestimating myself and my work, but I’m starting to doubt it’s up to me. How much has your career progressed here? I hope there are those here who have managed to get... — read more
Empty promises
I've had enough. At the previous company, management also gave empty promises to employees, but here it is on a whole other level. How many times have you heard an empty promise from your manager? I gave myself a deadline to leave this misery in no... — read more
The package would be the best way out
I am one of those who would sincerely like to receive the package and leave Citi. I think I'm not in the minority?
Digital PM Offer
Citi folk - I just knocked out my 3rd round for a Digital Product Manager role at Citi. So far it's been very unorganized due to the 3rd party recruiting company being absolute garbage. I just happened to find out the other day this is a hiring event... — read more
Citi ranked 88th out of 100 US Banks
https://www.forbes.com/lists/americas-best-banks/
I smell a re-org in the works…
Usually Citi upper management when faced with not knowing what to do, often re-orgs. They know they have to do something but aren’t sure what, so a re-org buys them some time. It buys them a year in the eyes of the board. Citi is at the cross... — read more
Citi to hire 4,000 tech workers
https://www.businesstimes.com.sg/banking-finance/citigroup-plans-to-hire-4000-tech-staff-to-tap-into-digital-explosion
Ugly truth
Citi usually manages their BAU people out of fear and are quick to tell you that the pittance you are given for a raise or bonus is doing you a favor. If your role is BAU then you WILL NOT be given a raise to match the rise of inflation. It just... — read more
California Branch Discrimination
https://youtu.be/LC46J6jdjSg Another law suit for Citi
Penalty for loyalty.
According to CNBC those that leave their current jobs for another get at least a 7% increase in pay as a minimum vs. those that stay. Given this, it may be time to leave. Citi should give their people a retention raise. Why continue to punish your... — read more
Your future in your own hands.
Don’t wait around for Citi to pay you more, to offer you more. It won’t happen. The best that management can do is catering to pizza Friday or bagel Wednesday and that’s as good as its going to get. When compared to other companies, it’s... — read more
Shorter deadlines
Employees here are used to working under stress. Ever since I’ve been working here this has been a stressful environment, but I’ve accepted that as the nature of my job. Have you noticed that deadlines are getting shorter and shorter though?... — read more
Citi Bonus
Hello Citi-zens I am new to Citi and have heard mixed reviews on Citi's bonus amounts. What are the mystery amounts... AVP - ? VP - ? SVP - ?
More money elsewhere = I’m gone.
Reading article after article after article of companies raising compensation across the board for their employees to keep up with the cost of living. Here sits Citi with nothing to offer. They don’t share the wealth when times are good, they... — read more
Asked to complete an onboarding survey from Citi.
Are they kidding me? They really are asking for it, because I will give them a negative down the line. Onboarding was horribly slow. Never greeted by my manager on first day. Everything took so long. I don't participate in surveys, but gee. It... — read more
Mid year raises and promotions?
It sounds like Bank of America and Wells Fargo are at least giving raises. Has anyone heard anything about Citi in this regard?
Unsure about quitting
As I ponder whether a significant recession will occur, I am somewhat reluctant to quit my job here. In the meantime, I see that some are more than ever looking for work elsewhere. How is the upcoming recession affecting your decision about... — read more
The tables have turned
Citi manages out of fear. They are so quick to say “if you don’t like it, find a job somewhere else”. Now the tables are turned. Management has no idea how to stop the loss of tenured talented staff. If they think that free pizza Thursday will save... — read more
Plan for growth
I would even consider staying here if I noticed that Citi has some concrete and realistic plan for growth. However, I do not see that leadership has any well-thought-out plan. Please correct me if I am wrong. It used to be a lot different, but... — read more
Will there be massive lay offs in 2022/2023
Given the sale of Banamex and other businesses within Citi. How will the staff that support them operationally be impacted? Are lay offs in the future? Will Citi offer employees incentives to retire early as many other companies do or will they... — read more
Here’s a company that appreciate their staff.
Whether you’re a heavy hitter or BAU, work vs reward should be honored. Unfortunately a top performer that does BAU work is neglected at Citi. Not all companies though have this point of view. It seems that Microsoft knows how to take care of... — read more
The next Citigroup catastrophe in the making?
Citigroup has tremendous Geo-Political risk with respect to its out-sourcing of Technology development and support to third-world countries (i.e., application development teams and application support teams) most of these teams are either out-sourced... — read more
Citi wage shortcoming galore. Management needs to wake up.
If you have to pay more to hire new employees that means the market has gone up and your current employees need a raise to match. Don't punish loyal employees for sticking with you by allowing their compensation to fall behind the market.
Attrition? Staff shortage? Vs wages
All I hear is that attrition is high with little do no back fill which feeds into staff shortages. Ok, so if you’re down 20-30% to keep what staff you do have, then why not take the pay you wold have given to those that left and disperse among... — read more
Is Citi tracking employees coming in to the office?
I see where some companies are tracking employees who aren't coming in to the office.
0% Bonus Funanza
I got 0% bonus and I am expected to muster great enthusiasm and long hours for [$$$ mysterious bonus amount] next year? SMH, come on now.
Dead bank walking
How can Citi strive to be the leader in wealth management when we keep making mistakes on the scale of billions. The Revlon debacle and now the Europe flash crash. Naturally this will be followed up with some new initiative on risk controls by... — read more
Citi just lost its edge
3 days in the office instead of the 2 that was promised. Why should anyone stay here then?
Are cuts really needed?
I heard some rumors about cuts, but I really don’t believe there will be any soon. Possibly we can expect even more pressure on employees, as a result of which many will leave voluntarily, without packages.... I may be wrong, but... During the last... — read more
Citi says a trader error caused Europe’s ‘flash crash.’
https://www.msn.com/en-us/money/personalfinance/citi-says-a-trader-error-caused-europe-e2-80-99s-stock-market-e2-80-98flash-crash-e2-80-99/ar-AAWRxEZ?ocid=uxbndlbing
Starting over
Once the recession hits and it will, there will be tough times ahead. It will be swift and sudden and very bad lasting about a year. Then with time the market will level out and climb back up. Companies will hire again to accommodate growth.
Rising interest rates with recession to follow
From what I’ve read 8 out of 11 times that rates were risen like this, a recession has followed 1-2 years afterwards. I suggest EVERYONE save their money for the tough times ahead.
We are #2
https://www.linkedin.com/posts/bank-on-our-future_take-the-confidential-survey-now-activity-6922474098782584832-G6Zx
Employee retention solution
The average loyal employee receives a 2-5% pay rise each year. The average job hopper receives a 10% - 20% increase in salary every time they move jobs. So citi managers instead of complaining about candidates hopping jobs every 12 months, how... — read more
Citi is a he-l of an investment!
Stock price down 27% in the last year. The CEO may have to step down just to save her own investments. I hope she's putting some money away for later...lol.
Myth
Management at Citi acts if they are the only company on the planet hiring anyone. They try really hard to sell it to the employees to keep them in line. This is just not true. The salaries that Citi laughs at, other companies embrace... — read more
They get rid of employees in different ways
I don't know what your situation is like, but personally I've been under heavier load than ever. Faced with abnormal pressure, shorter deadlines, unrealistic demands, increased criticism, I can't conclude anything other than that Citi is avoiding... — read more