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You’ll still be on the payroll for 60 or 90 days, so benefits etc. then severence.
Really sorry to hear that OP. I have a friend who works there and she was laid off today too. It really sucks taht all these companies are doing layoffs right now. I am praying for everyone who is affected by these layoffs.
You should be receiving a package with the COBRA details, etc. You will have to sign an arbitration agreement in order to receive your severance. Try not to worry and focus on your self-care.
Terrible! When did you get your notice? did HR ask you to sign release to get your 2023 bonus? That's what they are asking me, which I believe is not consistent with Employee handbook or HR policy: Why our 2023 bonus has anything to do with 2024 layoff? Any idea, any one? Thanks for sharing your experience or ideas.
Unless you have a contract, bonus is discretionary. They could have just not offered you one.
I think it may have been our bonus less retention bonus cause clearly they are not trying to retain us.
I had a question for those who were impacted by a layoff at Citi:
Were you able to apply for internal roles even when you were on non-working notice period? I was wondering if it will still be possible to log in to Workday as an internal applicant once overall system access is removed. Technically we are still considered citi employees even during non-working notice period, so I am assuming there should be a way to log in internally to workday or maybe they give special code or smth? Thanks🙏🏻