Thread regarding Citigroup Inc. / Citibank / Citi layoffs

How is the work environment?

I currently work for a small bank and am thinking of applying. Can anyone tell me how is the work environment and morale as a whole? Also, are there are regular layoffs? Is it usually the last one in/first one out system or something else? Any insight you can provide will be appreciated.

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Post ID: @OP+19QCu2WF

19 replies (most recent on top)

I’m equally interested in how Citi is to work for. I have a phone interview this coming week.
How is the culture, promotion climate, merit raise, etc.
Without naming names, I’m coming from a Fortune 500 that is $150 billion in debt, very low employee moral, layoffs every quarter, merit raises less than 1%, benefits being cut back, the “woke” culture firmly in place, gr--s mismanagement at all levels, etc.
Am I jumping from the frying pan into the fire, or is Citi a decent company to work for with opportunity?

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Post ID: @13upv+19QCu2WF

This is funny to me. All I hear is “if you don’t like it, leave” and well, its happening. 4 people that I know of are doing just that. Started looking in Feb and leaving in May. LOL

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Post ID: @Lssa+19QCu2WF

I am financially stable so I did not have any issues but I am ok with them doing their proper due diligence as getting a mortgage is serious and a process .

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Post ID: @Jlyk+19QCu2WF

You better have not taken out a mortgage with citi for that new beach house cause you will wait months to get it approved.

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Post ID: @Ikfp+19QCu2WF

Yep about to use my new pay to buy a beach condo and extra vacation time to stay there.

All possible from citi. Long live citi long live citi!!!!!

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Post ID: @Hjoi+19QCu2WF

For the person who thinks the greener pasture is Citi because of the pay and vacation... give it time. You too will become weary of the disrespect and long hours.
Long Live Citi 🤯 is the Joke of the Day

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Post ID: @Huhx+19QCu2WF

Eh, better? Um...in some aspects. Depends on what you are looking for. Better in pay? Average to higher. More time off? depends on your role. Bonuses, well not so much. Since the bailout, bonuses have been sparse. What they now consider a “good bonus” is average to less than average elsewhere.
Health benefits, average coverage. 401K match is nice but the funds offered in it are somewhat lacking which is odd for a financial institution. Bottom line, if you happy where you are and feel appreciated, stay where you are. If you aren’t then leave for better opportunities.

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Post ID: @Gkrj+19QCu2WF

That's funny as I came to the green pasture of Citi. I got more pay and more vacation time and i am loving it. Long live Citi!!!

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Post ID: @Flhf+19QCu2WF

Its great! Bi weekly emails regarding gender equity and race issues or covid cr–p that 99% of employees completely disagree with.

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Post ID: @Etrd+19QCu2WF

I have a colleague who had the same problem. He did not like the group he was with so he started looking elsewhere. A month later he has two competing offers. Both offers pay more $ with more vacay time off. Yes, he is leaving for greener pastures. I hate to see them go but the increase in money plus extra time off is too good for him to pass up.

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Post ID: @Ebxn+19QCu2WF

That’s funny because I did look for another job and found one. I’ve been at my new role for a little more than two months. A little more money but much less work. I’m good, you did however give good advice. If you don’t like your environment, then change your environment.

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Post ID: @vbxc+19QCu2WF

If they are not competitive then you should be able to find another job as you are not looking for much

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Post ID: @vgdn+19QCu2WF

“Benefits are top notch...”
Really? I beg to differ. I find the pay and benefits to be no better or worse than anywhere else. Definitely not competitive.

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Post ID: @uqbj+19QCu2WF

Been here 15 years, worked in many depts. Citibank seems to be just like any other large company they don't pay attention to the lower ranks too much, they religiously take away benefits bit by bit every so many years. since I have been here I have been part of 2 class action suites against citibank for poor pay practices and poor 401k practices. They have taken away pensions, pay differentials, ot pay benefits to some degree, have increased health benefit costs. They never practice what they preach. I have been told go to hr if there's a problem except when I did hr rep was friends with the manager the complaint was related too and so then I was put on the chopping block instead of the manager who was harassing me. Luckily since they had no real evidence of myself doing any wrong doing nothing came of it but many many times things occurred and were not professionally taken care of at all. I have been harassed and physically assaulted in front of management as well and nothing was done about it. I was discriminated against on more than one occasion and was directed away from HR to another part of the company instead. It is not an Ideal Job the p–soutweigh the cons in my case so I stay but hopefully not for much longer.

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Post ID: @tzhx+19QCu2WF

I recently joined citi and I love it. The benefits and my role are top notch. You have to work but that's normal in bankidng

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Post ID: @kcia+19QCu2WF

To answer your question , the morale is the lowest I have ever seen. If you have a choice, stay where you are or look elsewhere and not at Citi

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Post ID: @kdwv+19QCu2WF

Of course he’s not well informed, that’s why he asked the question.
Why would he go to a forum thats NOT anonymous? Who on there will give an honest feedback other than positive knowing it cold be tracked to them? All you see there is “its a great place” you’re not going to see “there are some issues such as...”

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Post ID: @9acv+19QCu2WF

You’re not very well informed if you’re coming to an anonymous forum to get a sense of the culture of the organization.

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Post ID: @2xlo+19QCu2WF

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