I know some people who left for Citigroup. I have heard good things about the culture over there. Anyone have opinions on working there? What are your experiences?
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We have a lot of hires from Citi and frankly I think they’re excellent. Very detail process oriented so hopefully that speaks to their culture
Another poster said that he worked for WF before moving onto Citi, and WF is relatively worse than Citi. WF will fire / lay you off as soon as you're hired possibly only after 6 months of working there. I can believe this since WF and Citi are worse off financially than BofA, JPMC, Morgan, GS.
I worked at BofA and the general rule of thumb is that once you hit your 18 month tenure mark, you become eligible for inclusion into the next Layoff round. This means your name goes on a "possible layoff" list from which they choose who to axe. Companies are always doing layoff even mini-layoffs every few years.
Most financial institutions probably have a similar policy. During 2023 and 2024, I've seen CIti people with only 2 years tenure or slightly more than 2 years, get Laidoff.
So this means that WF, Citi and other financially struggling companies (BNY Mellon, HSBC, etc.) are only attracting the desperate, Laidoff, long-term unemployed and/or Others / Svckers who have high expenses (mortgage/rent, medical, children, credit cards, auto loans, etc.). Basically, Not the best or the brightest, but the desperate who are willing to take pay cuts if not significant pay cuts.
I went from Citi to Wells to add expierence to my resume. Citi is great, but their pay is, in my opinion lower than everywhere else.
I work there. Lots of bureaucracies. A headache to get anything done.
Three days in office, two home. Although, some areas wfh two days.
Company seems laid back, but it's a ball of confusion. Pay is decent. I would say if you've worked at one large bank, you can expect the same nonsense from the other. I find it worse than WF,tbh.
I came from Citigroup, and the culture there is AWFUL. It's cut throat, managers really don't believe in mentoring you, and are constantly worried if you're a threat to take their position. They're constantly trying to find scapegoats when things go bad, and fire off a bunch of Directors and such when it does. They were most aggressive before Wells Fargo in off-shoring their staff. Most of their staff in major metropolitan areas have been reduced and re-hired overseas or in Florida (where they have several major campuses and can pay 30% less). Turnover there was as bad as it is now at WF when I left Citi in 2019.
I’ve worked at WF and Citi. Both are dumps. Add BofA to that list.
People, large commercial banks are just not good places to work. Period
Great bank. Never workers there.
Charlie trolling again. Pathetic.
Nice try Charlie.