!!Citigroup plans to cut 1,000 jobs this week as part of a restructuring plan announced two years ago, Bloomberg reported Monday (Jan. 12)!!

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India will be massively impacted, the number were exceeded last time. They just want to deliver on the number of heads removed. Maybe the ones on pip won't even be considered a part of these 1000. There have been massive layoffs in India ever since bora bora started even at c10 level. What's surprising is we are doing well in terms of profits and share price. What a shame. Shame on Jane. Don't be in this illusion that you are safe. This is the most cunning organisation ever.

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Which departments do you think will get affected?

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Around the globe??

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Is this for citi india?

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Please let me know if it is for india

Citigroup is set to cut about 1,000 jobs this week, stepping up a sweeping restructuring programme aimed at shrinking the bank’s workforce and tightening its operating model.

Reuters reported on Monday that the cuts form part of a plan announced two years ago to reduce headcount by 20,000 roles by the end of 2026, citing a source familiar with the matter. The bank did not specify the number of jobs affected in the latest round but confirmed that workforce reductions would continue this year.

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They’ve already started pressuring employees to quit by putting them on pip what more are they gonna do.

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Oh god
Are they putting ppl in pip?

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Oh god thats crazy
Then it means the numbers would be bad only
In past when restructuring happened they hardly gave any increment

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I have expertise in Mobile application
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So I am planning to learn any backend
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Citi . What will be in hand salary after all cutting??

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likehelpful

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