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)

Be more specific such as dates ? Location? All USA sites ? Or Belfast or Singapore included.

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Post ID: @150+1k2dbggnz

Massive!!!! Be ware!!!

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Post ID: @13w+1k2dbggnz

What? When? Why? Who? Where? Which? How?

So many questions but no answers.

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Post ID: @vs+1k2dbggnz

@s8

Because as the CEO of a larger rival bank said recently: We consider the UK a low-cost location today, compared to the US 😄. Rightfully so...

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Post ID: @te+1k2dbggnz

Why all the layoffs news coming from US sites and none other high cost as SG or Belfast or Dublin etc. Weird.

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Post ID: @s8+1k2dbggnz

@q5 how many ?

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Post ID: @qa+1k2dbggnz

Already happened in mu team in technology in Texas and Florida

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Post ID: @q5+1k2dbggnz

@q2 incomplete training as in?

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Post ID: @q4+1k2dbggnz

Only for those with incomplete training items.

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Post ID: @q2+1k2dbggnz

@OP is today the D-day ?

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Post ID: @pg+1k2dbggnz

It will be massive marketplace this pist

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Post ID: @m3+1k2dbggnz

@jv

Most cuts and usually announced Thursday or Friday from my experience. Wouldn't be surprised if something is announced later this week.

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Post ID: @jw+1k2dbggnz

@jr So this is totally a fake news? Me in the Irving Risk Department site is at least safe now.

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Post ID: @jv+1k2dbggnz

Still waiting for the big one. Even the ones announced 2 years ago not completed.

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Post ID: @jt+1k2dbggnz

https://www.efinancialcareers.com/news/citi-london-cuts

Is this the "big one" that's being alluded to?

From personal inference I think there are a lot of cuts coming to transformation soon.

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Post ID: @jr+1k2dbggnz

From your post to Jane’s ears! I would love nothing more than a package! 🙏🙏🙏🙏🙏

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Post ID: @jf+1k2dbggnz

@hj certainly not, cost loc

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Post ID: @je+1k2dbggnz

@hk like?

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Post ID: @jd+1k2dbggnz

Belfast guy!! Where is he ?

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Post ID: @jc+1k2dbggnz

Eagerly waiting in technology for this since last year. hopefully it happens soon

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Post ID: @hx+1k2dbggnz

Specially in equities..lot of contractors joined

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Post ID: @hw+1k2dbggnz

I believe in some areas they are hiring quite heavily

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Post ID: @hk+1k2dbggnz

Ny nj is safe?

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Post ID: @hj+1k2dbggnz

time for da heavy clam bakes...

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Post ID: @hg+1k2dbggnz

@gj reckon larger

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Post ID: @gt+1k2dbggnz

@g8 few hundred people?

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Post ID: @gj+1k2dbggnz

How about those transformation folks under Arvind S. ? Are they more imp. than Tech and Risk.

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Post ID: @gf+1k2dbggnz

How big could it be? Bigger than the one in China?

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Post ID: @g8+1k2dbggnz

How many in Tampa ? How many in Irving?

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Post ID: @fs+1k2dbggnz

@ae comfirmed - strategy loc

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Post ID: @f2+1k2dbggnz

@d9 agree - have been observing cuts in my function too. 2W off in aug by hr is to avoid people noticing

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Post ID: @f1+1k2dbggnz

@ez This probably is one of the FAKE news

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Post ID: @f0+1k2dbggnz

@es it’s Belfast. Will be hit hard…

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Post ID: @ez+1k2dbggnz

Is it in new castle or buffalo?

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Post ID: @es+1k2dbggnz

Are we expecting more to come in the next couple of days? Does anyone know? Does it mean I am safe if I didn't receive any bad message today?

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Post ID: @ep+1k2dbggnz

@em That would be great. Thank you!

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Post ID: @en+1k2dbggnz

@ec

Do you want me to include SOIEDs too, or names would be enough :D

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Post ID: @em+1k2dbggnz

Tech are also included, there is lot of bloat

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Post ID: @ee+1k2dbggnz

@e7 Please share the name of risk team (ERM, ORM, Credit, Market, Model etc.) ?

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Post ID: @ec+1k2dbggnz

@dn

FTEs in my Risk team.

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Post ID: @e7+1k2dbggnz

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