Citi holding layoffs
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Dr MBA

Brooklyn, NY

#1 Jan 30, 2009
Since Citi has split in two Citicorp and Citi holding it would make sense to have different forums.
Uncommon Sense

Lima, OH

#2 Feb 8, 2009
Just like processes within citi, if it makes sense thats not what we'll do!
Bob

Ogden, UT

#3 Feb 9, 2009
Very good idea.. Ill post here now to.. Since im in RPL Cards

Since: Jan 09

Lexington, KY

#4 Feb 9, 2009
Bob wrote:
Very good idea.. Ill post here now to.. Since im in RPL Cards
I don't want to sound ignorant but......if I'm Bankcard Cards does that mean I'm not holdings at this point?
Bob

Ogden, UT

#5 Feb 9, 2009
Only RPL went to holding. So your safe from that standpoint. Dont mean they wont off shore you though.
right on the numbers

Paris, TN

#6 Feb 10, 2009
Can anyone explain how Citi can agree to move forward with the "Citi" Mets stadium? They will never convince me that TARP $ won't be involved ...they're building the stadium on the backs of those laid off...if it's so important to have the naming rights of the stadium, then let Pandit and Rubin contribute their own funds...as far as having a legal, binding contract....let them sue Citi...see how long that will take to settle!! working in a Citifinancial branch, I have learned that nothing is as important as the almighty dollar....

Since: Jan 09

Lexington, KY

#7 Feb 11, 2009
Bob wrote:
Only RPL went to holding. So your safe from that standpoint. Dont mean they wont off shore you though.
Did I read correctly that you were previously laid off at AOL or do you just know about it? Do you know if they left any US call center intact in the US during that process?
Bob

Ogden, UT

#8 Feb 11, 2009
I just know about it. I had several friends I work with now that worked at AOL that got laid off right after Parsons was hired as ceo of time warner.

bob
Dr MBA

Brooklyn, NY

#9 Feb 12, 2009
right on the numbers wrote:
Can anyone explain how Citi can agree to move forward with the "Citi" Mets stadium? They will never convince me that TARP $ won't be involved ...they're building the stadium on the backs of those laid off...if it's so important to have the naming rights of the stadium, then let Pandit and Rubin contribute their own funds...as far as having a legal, binding contract....let them sue Citi...see how long that will take to settle!! working in a Citifinancial branch, I have learned that nothing is as important as the almighty dollar....
Citi will keep the Mets "Citifield" contract. They already paid to much $$$ to Mets.
Dr MBA

Brooklyn, NY

#10 Feb 19, 2009
Citigroup (C) and Bank of America (BAC) won’t live to see May. The government will take them over within the next 60 days. The announcement may come as soon as tomorrow evening.

http://www.chartingstocks.net/2009/02/gone-in...
Sam

Harrison, AR

#11 Feb 21, 2009
Can anyone, in a nutshell, explain what will happen if Citi is "nationalized"? Do we become government employees, or do they send government people in to run the place? To me, Citi already has appearances of a government entity ~ the right hand doesn't know what the left hand is doing, there's no solid structure, and it's pretty much a disaster. Obviously from how the govt "watched over" Fannie and Freddie via the OFHEO and the way the SEC and OCC "watched over" Citi nobody knows what they are doing in the government either. Any insight would be appreciated.
Tom

United States

#12 Oct 16, 2009
hmmm whats really going on
united states

Warren, NJ

#13 May 25, 2010
Dr MBA wrote:
Citigroup (C) and Bank of America (BAC) won’t live to see May. The government will take them over within the next 60 days. The announcement may come as soon as tomorrow evening.
http://www.chartingstocks.net/2009/02/gone-in...


Do you really think so on this
Shackled

Philadelphia, PA

#14 May 25, 2010
As a veteran Citibank worker, the company was one of the first to adopt Reaganomics, and downsized us by changing the once great profit sharing plan.

That changed everything, giving the cream to the very top, and crumbs to everyone else.

When those severe changes took place, we didn't expect them to ever have to resort to taxpayer bail outs.

The slogan was...Itty, Bitty,++ittybank.

This is May now, MBA's prediction didn't happen.

Fannie and Freddie are basket cases, but Citi is hanging around as quasi government.

Citifield should be renamed U.S. Taxpayer bailout field.

What a joke, but nobody is laughing.
Shackled

Philadelphia, PA

#15 May 25, 2010
As Fran Casamassima (may she rest in peace) used to say, what goes around, comes around.
XCITI

Arlington, VA

#18 Jun 17, 2010
What I do not understand is how Citi can get away with off shoring 40% of their IT jobs. If Citi set aside 40% of their IT jobs for a sub-group in the U.S. it would be considered an illegal quota. I still believe that Citi’s bailout by the government should have been outsourced.
Cornfused

Euless, TX

#19 Jun 17, 2010
I don't understand how Citi can have 40% of their IT off-shored and STILL somehow MAGICALLY be compliant with US technology export laws.

If a REAL audit were ever done, Citi would probably be out of business...
voe

Sherman, TX

#20 Jun 27, 2010
Is possible for Citi Holdings to assign a monthly score card that might result in a “4” performance over the next 2 months and thus causing the employee to not get any severance pay for time worked at Citi?
tiredofyou

Dallas, TX

#21 Jun 28, 2010
I was layed off at Citi in Nov 09 ...life goes on!!
Layoffcanbeagood thing

Dallas, TX

#22 Jun 28, 2010
Being layed from a company with so manyethical problems and corporate greed is not always a bad thing. I got a nice severance package , more money in my savings, IRA set up I increased my bank account tremendously, getting unemployment!! I found a job abt 2 weeks ago and it seems so far this company I am working has it on the ball when it comes to taking care of it's employee's. I have MUCH more peace of mind!! And ss far as Citi is concerned "It is what it is"!!!!(Greedy pigs)!!

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