Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Big one

Filks,
Its finally happening- a big one this time.
Wait for the announcement, coming soon


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Post ID: @OP+1k2dbggnz

58 replies (most recent on top)

Does it only have impact on contractors, or FTE?

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Post ID: @dn+1k2dbggnz

@de so far, as I know, only risk.

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Post ID: @df+1k2dbggnz

Any news from Tech side ?

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Post ID: @de+1k2dbggnz

@d9

2nd LOD.

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Post ID: @dd+1k2dbggnz

@d7 Which risk team (1st or 2nd line) ? Financial or non-financial ?

I think they are making small cuts to avoid bad press, government scrutiny as Citi has been hiring aggressively in India and other countries but firing folks in US.

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Post ID: @d9+1k2dbggnz

Confirmed - my team in Risk was hit - not many, but still consistent with the previous cuts in the past 2 years. All locations affected. Predominantly long-serving / expensive employees.

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Post ID: @d7+1k2dbggnz

It’s already started!

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Post ID: @c6+1k2dbggnz

Any idea on the target percentage? LIFO or FIFO? Are those working via contract service companies also in scope?

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Post ID: @bj+1k2dbggnz

Is it big burritos day??

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Post ID: @b7+1k2dbggnz

Its always the location

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Post ID: @av+1k2dbggnz

Why focus on locations and so much LOB? Tampa and Irving have so many roles and LOBs it’s not really meaningful to just say specific locations.

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Post ID: @as+1k2dbggnz

No fake news in this site. Just timing

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Post ID: @af+1k2dbggnz

I am at Irving site and so nervous right now. Can someone confirm Is it another fake news?

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Post ID: @ae+1k2dbggnz

How is it different than what is happening for last 4 weeks?

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Post ID: @ac+1k2dbggnz

Mostly in Tampa and Irving, level 13 and up

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Post ID: @a3+1k2dbggnz

@OP can you be more specific or provide any details?

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Post ID: @a2+1k2dbggnz

Are we talking chicken n biscuits???

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Post ID: @a1+1k2dbggnz

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