Too many managers got promoted for being good workers, not for knowing how to lead. At least teach them some people skills before putting them in charge of actual people.
29 replies (most recent on top)
It's true that CEO Calamity Jane said during several Townhalls "we've gotten so bloated with employees over the years that we need to restructure now."
Note "Restructure" is code word and a euphemism for Layoffs.
Sh!tibank can NOT use the excuse that it's bloated with employees when JPMorgan Chase has 318,000 employees and IS STILL HIRING!
JPMC is also laying off employees, BUT it has Net 318,000 employees. A simple Google search shows this.
Citi needs to face reality.....that it's badly managed, mismanaged, has bad policies, bad methods, incompetent low calibre employees compared to competitors who continuously Fvck Up, Stone Age Spaghetti Dumpster Fire "Technology", bad "managers", ad infinitum.
Lather, Rinse, Repeat on the Merri-Go-Round Citi can Never get out of ! 🎠🎪
Advice for Citi: Save the Shareholders money, time and agita. Just SELL the "Bank" already!
CIti has been crumbling for the past 20 to 35 years ever since CEO Sandy Weill usurped it!
Actually, if anyone noticed several posts by Both Non-curries and Curries have been deleted and disappeared from different several threads.
And so, sometimes the Site Moderators may have taken breaks from drinking the poisoned curry Koolaid.🍺
When 80% of the decision-makers are curry @Des!Bank, and desibank has been failing miserably for decades in addition to a vicious cycle of Consent Orders and monetary fines, ancient data governance, bad policies, bad methods & ancient technology etc. etc. there's a pattern.
No other bank or financial institution is 80% curry, Not even Wells Fargo the Quasimodo of banking that got hit years ago by Regulators with so many fines, violations, Consent Orders etc. it was practically on De@th Row.
Yet, today even Wells is beating desibank's AS$ on every metric and level.
But keep posting from 9 hours ahead of EST/EDT. It's The Only Way to Be (line from a song by The Cure Band) for a Couch Potato with No life. LOL! 🍛🥔
When 80% of the decision-makers are curry @Des!Bank, and desibank has been failing miserably for decades in addition to a vicious cycle of Consent Orders and monetary fines, ancient data governance, bad policies, bad methods & ancient technology etc. etc. there's a pattern.
No other bank or financial institution is 80% curry, Not even Wells Fargo the Quasimodo of banking that got hit years ago by Regulators with so many fines, violations, Consent Orders etc. it was practically on De@th Row.
Yet, today even Wells is beating desibank's AS$ on every metric and level.
But keep posting from 9 hours ahead of EST/EDT. It's The Only Way to Be (line from a song by The Cure Band) for a Couch Potato with No life. LOL! 🍛🥔
@1e1 You spent years posting racist trash — obsessing over our food, our time zones, our existence. The moderators let it slide because they didn't care. Now someone finally calls you out and you're crying for protection? You're not a victim ; you're just a bully who can't handle being punched back. Your job went to India because you're not valuable. It'll go somewhere else when India isn't cheap enough. And you'll still be here, still crying, still irrelevant. That's not a threat — that's just economics.
@1eg You blame Indians for everything, but the ones running the show? Your category. They're the ones gutting your jobs while you're here crying about curry. DesiBank isn't failing because of "doing the needful." It's failing because of the ones at the top. And they look just like you.
@1e1 as I said before - At this point this isn’t an argument, it’s just people trying to outdo each other in who can say the most extreme thing. None of it has anything to do with layoffs anymore.
@1e1 the truth is that Indians will be the downfall of desibank. And doing the needful isn’t going to get desibank out of the next consent order, no matter how much ai you use
Citi layoffs are driven, caused by costs and market cycles???
Anyone who believes this has their Head Up Their AS$.
Citi did this to itself and Sh0t itself in the foot millions of times.
In addition to high costs, Citi miscalculated where, how and why Citi needs employees. This is called Bad "management" or mismanagement.
Citi can Not use the excuse that it's bloated with employees when JPMorgan Chase has 315,000 employees and is Still hiring!
Is JPMC also laying off employees? Yes. But it has net 315,000 and is Not doing multiple years/rounds of mass layoffs.
Meanwhile, Sh!tibank can Not manage 200,000 employees down from 260,000 from 6 years ago, and still needs to do draconian layoffs!
The above is in addition to Data Governance problems, monetary fines and perpetual endless Regulatory Consent Orders Sh!tibank collects like a numismatist.
The above is in addition to having Stone Age Spaghetti Dumpster Fire "Technology", methods and policies that cause the vicious Data problems cycle.
The above is in addition to having Incompetent employees who wire Free Money Hundreds of Millions, Billions, even Trillions of U.S. $$ every few months to the Wrong Accounts!
That of course lead to more Consent Orders and monetary fines.
Lather, Rinse, Repeat.
Anyone can Google the Revlon $900 Million wire Fvck UP, $81 Trillion Wire Fvck UP, $400 Million wire Fvck UP ad infinitum.
@10k what’s the point of being civil? You need to stoop to their level. Thank God, Jane. Keep offshoring those jobs. Nothing of value would be lost. I pray you get another $40 million bonus. It’s well deserved.
@10g There’s statistical data suggesting kids aren’t safe around your kind. You either touch them, shoot them, or eat them. Must be a cr--kergraphy thing. There’s smoke here 😱
@10g “Too much smoke” only works as an argument when the “smoke” is verified data, not repeated anecdotes from anonymous forums. Once a narrative starts circulating online, people tend to repeat each other’s framing, which makes it look like independent confirmation when it’s often just echoing.
Also, no major bank publishes or operates based on demographic breakdowns as a success or failure factor. Performance differences across institutions are driven by business mix, risk exposure, interest rate sensitivity, and restructuring cycles — not workforce ethnicity.
If the explanation requires assuming a single demographic causes systemic failure, it’s probably not analysis anymore — it’s just a simplified story replacing a complex one.
What does Citi have or not have, or what is Citi doing or not doing that the other banks are doing or not doing.
This is like a SAT question. One of these is Not like the others.
Citibank is the ONLY bank that's a Dysfunctional Incompetent Freak Show Circus with Stone Age Spaghetti Dumpster Fire "Technology" along with its favourite desographic.
@10f surprised to see people speak more than 1 language?
Even Talk Show Host/actor, Bill Maher said "There's too much smoke to be no fire."
No other financial institution has Citibank's problems and desographic.
And when several hundred if not thousands of employees and posters are saying the same comments, have the same observations, obtained the same conclusions, it's Not an anomaly or rare unicorn situation.
388 NYC Cafeteria is aptly named Three-Atey-Ate.
LOL! The sign is above the entrance and they have their own website.
@106 You’re turning a restructuring decision driven by cost and market cycles into an ethnicity theory. That’s not analysis, that’s just scapegoating with extra steps.
The premises ARE connected to layoffs.
When a company is 80% of one desographic, culture, customs, behaviours, etc. AND has been failing miserably for decades compared to its competitors AND needs to resort to draconian layoffs to survive, the dots can easily be connected to Layoffs.
Layoffs are like a Drvg, Narc0tics.
You need more of it in order to achieve the same high (In Stock price).
At this rate, Citibank will need to layoff 100% of its employees until there is NO more Citibank.
The only scenario or option resulting in the above is bankruptcy and Vultures, Competitors eating up Citibanks pieces.
At this point this isn’t an argument, it’s just people trying to outdo each other in who can say the most extreme thing. None of it has anything to do with layoffs anymore.
@y4 The other banks have baby eaters in the majority. You must know what it smells like?
@y4 Your whole thesis is basically: “I got outcompeted, so now I’m doing toilet-based ethnicity analytics.” That’s rock bottom.
The poster was / is making reference to the fact that Citibank is 80% curry.
This causes explosive or exploded Toilets 🚽🪠🧻 in 388 NYC where he's based.
This does Not happen @ Goldman Sachs or JPMorgan Chase because they're Not 80% curry.
The worst managers I've ever had were the ones who knew how to do the jobs under them but not their own job. A recipe for micro management and stagnancy. Give me a manager who stays out of my day to day and focuses on getting us the budget and credit we deserve any day over some propeller head telling me what button to click.
@k6 At this point, I’m convinced an Indian rejected your résumé, your promotion, and your love confession.
@e7 Imagine being this obsessed with what other people eat and where they po-p. Tough week?
I was a star individual performer during my career but generally hated managing people. Had to job hop a bit but had a good career. Not everyone is cut out to manage people many of whom are slackers or low performers.
Citi does not promote on who is good at their job because if they did, then they would have more in-seat promotions. Citi typically promotes on who is the best a$$ kisser for a role or who can talk a good game in an interview while papering over the fact that they're blatantly incompetent. Either way, the entire company is a raging dumpster fire.
Citi simply does not care who is good at their job, who is a good leader or about quality of work at all. I had been with Citi a long time and there used to be excellent leadership. They're all gone. What's left are managers who can't get a job anywhere else, bootlickers, back stabbers and liars.
I prefer a manager who is a good worker than knows how to su-k a-s lol