Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

The next Clown Hall meeting

I suspect the next Clown Hall meeting will discuss focusing on re-alignment (layoffs as in plural) and adding resources in the right places (offshoring to replace who they are running off). Layoff’s will happen Q1.

WFH Jane pulls the plug

Interesting approach Pull under performers back to the office. Are they using ms teams and how often you move your mouse for productivity? https://amp.cnn.com/cnn/2023/01/18/business/citi-work-from-home-jane-fraser/index.html

Rewards survey.

Role: Keep the lights on role. I do not generate $ but am considered a cost to the company.. Ranked a 2: Rewards: 1K bonus, 3% raise. Pretty much the same for the past 3 years.

Preparation

No matter what sector or company you are employed in, you should always work under the belief that you’ll be laid off eventually, its just a matter of time. This is motivational fuel to: Save more money. Update your skills and\or resume. Pay off... —  read more 

Your time will come.

Post after post of frustration, anxiety and angst. The key points resonate with the same themes. ) Yes, Citi will assuredly layoff under the guise of streamlining, consolidation, etc…phrase it however you want, you are still placing people into... —  read more 

WFH

So I know four people who have worked remotely. Two before COVID (which was commonly acceptable with your managers approval). Three of the four filed a HR request to continue working remotely. The first over 6 weeks ago. So far HR has not replied... —  read more 

CEO metrics

A CEO’s core metrics are: ) take care of their people ) raise the company stock price So the “take care of their people” part is not happening due to the layoff galore with even more layoffs to follow in Q1 of 2023. “Raise the company stock... —  read more 

Remote work mismatch:

https://www.beckershospitalreview.com/workforce/the-great-remote-work-mismatch.html There are many people re-skilling themselves to align with business’s that allow more work from home. I doubt Citi will throttle back on the having you come back... —  read more 

Start a new thread - post a news comment, question or message:

: