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Citi will layoff 6000 this year. 1k in March, then June and so on
No one can tell you with assurance that whether jobs will be secured. I have seen ppl who were recruited 1 month back with 3 4 years experience were let go due to restructuring. It's a risk you will have to take. If you are getting good comp you will have to take that risk.
Most important be ready to slog for 12 to 15 hours a day. Especially on the tech side things are crazy.
Many old homies of Citi are living this famous slogan
"WE ARE INSECURE AND OUR JOBS ARE NOT SECURE"
And hence are making the career of new joiners difficult. To save their own ...
Rising Star
Was laid off. Please don't come to conclusions without even knowing facts.
There is no right time to join any org now. Layoffs are every where . Even company like tcs is doing the same. If you get good project then just join
Google it. Everyone knows about it. It was declared by Jane in 2023 that bank will axe 20k by end of 2026. So far bank has laid off 14k.
My team is in US, UK, Canada and Costa Rica. They hinted the layoffs.
You life your choice , and no one is here to take care of you. You can be the best scapegoat for others
Amen brother
@Assistant Vice President (Rising Star)
I feel sorry to hear that you were laid off. In fact you can share your experience here for others. Let others know what happened to you.
What I had mentioned is based on what I am seeing at Citi Pune. Have seen insecurities of existing employees and how they are creating problems in the career path of new joiners.
This is very True. They make your every day life difficult. I am victim of this and lost my job 2 days back. These old people have their lobby and they all stand against you together and save themselves.
Rising Star
What story. Look around its again started. You'll find people go away and become open to work on linkedin. This time the wave is even bigger. You can choose to close your eyes
@Citi1
How can you be so sure?
Have you received any communication regarding this?
I knew about that. But was curious about how you might be aware of how is it gonna happen...
Any news or communication around you or within your teams about it? Any news from pillars?
Ohhh.... Which LOB?
And how many of you are present here in India?