Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Any ICG exit predictions?

What are people who work in ICG doing now that all the committees have been axed? There are such high numbers of MDs- surely a lot of layoffs in that area?

by
| 2554 views | | 5 replies (last ) | Reply
Post ID: @OP+1pDief2e

5 replies (most recent on top)

@bnc+1pDief2e what is your role?

by
| | Reply
Post ID: @cpq+1pDief2e

I am ICG. According to available information it will begin from the top down with MD's and there are alot of them above my own manager. I am definitely considered a "rank and file" employee so I am not expecting the axe to come swinging down my way until February.

by
| | Reply
Post ID: @bnc+1pDief2e

How does it work when managers are rating all their directs? Different individuals within the teams can have different titles such as svp, avp, vp etc how do they take that into consideration?

by
| | Reply
Post ID: @dcf+1pDief2e

Lots of rumors... e.g. some people will be moved under business lines, others into some form of new "Banking, Markets, Services" team, others made redundant.

Short answer = no one knows

by
| | Reply
Post ID: @lvr+1pDief2e

Heard zip nada zero

by
| | Reply
Post ID: @esl+1pDief2e

Post a reply

: