Citigroup Inc. / Citibank / Citi Layoffs

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Topics regarding layoffs at Citigroup Inc. / Citibank / Citi

Next Five Years

20,000 technology and operations staff will be laid off in the next five years. Source:
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330 views | 3 replies (last )

Any Tampa layoffs?

It has been rumored that the Sales & Use Tax department would be outsourced. Has it been outsourced?
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Citi layoffs expected this week!

If you are a part of Citi's U.S equities business be prepared, there are near certain layoffs coming in the following several days according to market insiders. More info here:... read more
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1091 views | 1 reply ()

we need infrastructure updates

we are in desperate need of infrastructure upgrades if we are to stay competitive in the field... our systems are painfully slow, outdated and completely inefficient... it takes us way too long to do the most simple tasks due to this... even opening... read more
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Cost saving through other means

Can somebody come up with a cost saving measure that will actually be implemented that is something other than layoffs? We have all these ideas being thrown around, commitments to follow through are made, and then nothing happens. Citi really needs... read more
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608 views | no replies

Layoffs kyc

Get ready for it folks
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Huge workloads

How did "rarely you'll have to work an extra hour or two" noted during the hiring process turn into working 55 to 60 hour weeks on regular bases? Our workloads are becoming impossible to handle. Part of the reason are constant layoffs. They get rid... read more
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807 views | no replies

Toxic management

Citi is in desperate need of senior management cleanup. The politics at the top have become so incredibly toxic that it can be a challenge to actually get something done on any level. Instead of dealing with actual problems, senior managements... read more
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881 views | 1 reply ()

These layoffs were done better than previous ones

Get your facts straight. First of all, the record center is NOT impacted by layoff. Second, Citi has been in the planning stages for years of exiting mortgage so this is not a huge surprise. Third, Citi was crucial in convincing Cenlar to stay in... read more
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1065 views | 4 replies (last )

Layoffs - Citi Mortgage Group - O'Fallon, Missouri

Most Citi layoffs are happening with the mortgage side -- from the location perspective, most of layoffs are happening in our location in O'Fallon Missouri where the records center is. Also, some branches are closing, so you will see some cuts there... read more
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1449 views | 3 replies (last )

A positive spin to all this negativity!

I’ve been with Citi for over 18 years worked in the Tampa & Jax sites along with visiting multiple other Citi locations and have been through MANY layoff scares where it could just as easily been me versus my peers (some of which were dear friends)... read more
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1037 views | 1 reply ()

Long hours with no overtime

I used to like working at Citi, but boy oh boy have things changed here lately. I used to be able to balance my work and my family life pretty well, but that's a thing of the past. The expectations keep rising to the point where overtime is pretty... read more
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887 views | 2 replies (last )

Sioux Falls

So just found this site and glad to see it. Wish Sioux Falls would be honest on what is going on and the old saying "when we find out you will find out" is a load of BS if they would just come out and tell everyone the truth on what is going on, then... read more
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782 views | 2 replies (last )

Nepotism rules Citi

I'm getting so tired of this... Nepotism is so rampant at Citi, it's impossible to advance unless you are related to or really good with somebody in management... No matter how hard you work, no matter what extra skills you bring to the table... read more
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Displaced -- Gray, TN

I just went through a "Job Displacement" in Gray TN trained my replacement in South Dakota.
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758 views | 3 replies (last )

2016 layoffs

I was let go January 2016 for business reasons. After 30 years at Citi. This has been ongoing since I started working there in every state. Senior Management issues the cuts to be preformed for all banking departments in all states. Some jobs are... read more
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1137 views | 2 replies (last )

What is the sense of this?

I got caught up in a round of layoffs in 2010 and it wasn't the first one. The saga continues with the most recent round of layoffs - there will be more to come - that's for sure. Notice how we no longer have Citibanks in Texas? Still have ATMs in... read more
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HR department

HR department is the most under qualified people I have ever seen in a corporate environment. The company gives possitions to people they like over people that are more qualified. Citi bank is like all corporate companys, they are allowing computers... read more
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CYA First

I’ve spent almost three years with Citi and I think I am done. Actually, I know I am done as I am actively looking right now. People here talk about layoffs and rest assured, Citi has them. However, they have them as much as any other large bank so... read more
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837 views | 1 reply ()

Tampa Temps

This repeats every year, Citigroup accumulates a back-log of cases, hire a ton of temporary employees (they also make an effort to convert a few 'temps' to ‘perm’ status just to create an illusion of trying).... Anyhow, the remaining analyst will... read more
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New layoff rumors in Hagerstown.

New layoff rumors of around 200 reps at Citi in Hagerstown. Was over heard on a phone conversation by a UM. Can anu one verifu what unit ?
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937 views | 2 replies (last )

TCS outsourcing

As long as there is TCS around there will be more outsourcing, there will be more jobs lost and there will be more jobs sent to India. Meanwhile, there will be a significant drop in quality, customers and clients will be getting more annoyed and it... read more
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845 views | 2 replies (last )

Sioux Falls Citibank Layoffs

I was laid off back in April. It was handles properly and I was given a severance payment. The job market is fairly good and I was able to find a new job within 4 weeks. I see a lot of negativity here, I know many people hate TCS taking over on the... read more
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1124 views | 2 replies (last )

Dec. 2016 IT Leadership Shakeup?

Hearing rumors of IT Leadership shake up now that new CIO is in place. What's the buzz?
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Let's all move to Chennai and Poland

The firm continues to layoff people that work out of high cost areas and hire in Chennai India and Poland then they wonder why so many issues occur. They should dump some upper level management and save the workers that need these jobs to support... read more
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Citi Job Cuts 2016

Citi's Technology organization is going to be hit with a major downsizing. Already one global Technology head (MD) for their offshore consumer business and one of his lieutenants have been put on garden leave. More to follow soon. Welcome the #H1B... read more
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3627 views | 6 replies (last )

Layoffs are true

Citi is following dop down approach. downloadbesttorrentblog.rus started this year by removing more than 50 middle and senior managers. In coming weeks they will give pink slips to lower managers and employees. It's part of company restructuring and resource... read more
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3807 views | 7 replies (last )

Citi Group - Florence, Kentucky No Layoffs

There are no layoffs in Citi Group in Florence Kentucky - we are doing just fine and the company has been expanding. I am very happy to work here as the city has problems and there are no many good jobs over here - So, working for Citi is a blessing... read more
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Go ask Vikram Pandit where his conscience is

He pulled the trigger on 50,000 folks back in 2008. It was a defining moment for Citi, It was massive and horrendous. So, our genius Vikram turned around and hired new folks very soon, so what a stupid mistake all of this was. Execs are more... read more
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1441 views | no replies

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