Thread regarding Citigroup Inc. / Citibank / Citi layoffs

GFT restructuring announcements this Friday

I have been told, by several people, that the GFT reorg announcement is coming this Friday.

Has anyone else heard the same?

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Post ID: @OP+1pWMvBIt

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So O&T under it call function tech….splintered into….
Finance and non-finance splintered into….
many other boxes under that…..

So….certainly seems like we are getting rid of all those unnecessary layers. Getting rid of 4 or so and replacing them with 4 or so……hey….wait a minute.

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Post ID: @uvj+1pWMvBIt

Is not GFT (Global Functions Technology) already dissolved ? It is now called functions tech under O&T. That will be further splintered into finance and non finance functions. And each of them will dissolve into the many boxes under O&T. There is massive redundancy under CIO.

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Post ID: @hcl+1pWMvBIt

What is GFT?

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Post ID: @krd+1pWMvBIt

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