Thread regarding Citigroup Inc. / Citibank / Citi layoffs

MD/D Severance

I am assuming MDs are not tied to the regular severance packages. What about Directors?

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Post ID: @OP+1pIWkMy3

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2nd place is a set of steak knives. 3rd place is your fired

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Post ID: @uqb+1pIWkMy3

Policy in US is based on FTE status, tenure, and income. There is a salary/severance cap at the equivalent of $500k/yr. 2-wks severance per year of service, but not to exceed the equivalent pay of $500k base salary (MDs).

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