Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Any details on mortgage layoffs?

I heard rounds are starting today

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Post ID: @OP+1i2f75t9

7 replies (most recent on top)

There’s never any plans for additional layoffs but they happen anyway. It’s always summed up with “things have changed” “coming from up top” “different business direction” etc…

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Post ID: @3mfm+1i2f75t9

From what we were told during the hands on call everyone effected had already been notified and there were no plans for additional layoffs. That's all I know.

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Post ID: @3ake+1i2f75t9

Anymore info as of yet? I'm a Citi employee in Mortgage, but currently on leave needing some additional info. Manager had been all hush hush about it, but that's to be expected from her.

Has affected employees been notified as of yet? When is this slated to begin? Is it coming in multiple rounds over an extended period or one big chop at once?

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Post ID: @2bzf+1i2f75t9

What about the rest of the bank. Any known layoffs?

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Post ID: @1ghp+1i2f75t9

I heard approx 95.
Not sure if affected both 1st and HELOC.

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Post ID: @xlo+1i2f75t9

I Work on a hybrid schedule but UW and processors were given notice today 8/3

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Post ID: @bfl+1i2f75t9

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