Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Next round of layoffs in Dec or Jan?

Any word on whether next round of layoffs would be announced in Dec or later in Jan? I found the email communication from different leaders 2 weeks ago to be quite vague.

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Post ID: @OP+1pQXeDDl

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Mid January

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Post ID: @5jxq+1pQXeDDl

It's everyday. They are still laying off people, planning layoffs in December , and January-March

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Post ID: @zem+1pQXeDDl

People are being let go every day. There is no transparency. No communication.

Nobody is working hard since the summer when 90% projects were indefinitely delayed. Citi’s strategy was to create the need to downsize by stopping new work then say there are too many workers and layoff 15%.

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Post ID: @ttk+1pQXeDDl

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