Discussion

Is Citi restructuring, or just quiet layoffs?

0x22d3…b86a

·54d ago·2 comments

Been at Citi for a few years now, and things feel... off. We haven't had any big announcements about layoffs or anything, but there's definitely a weird vibe in the air. Project scopes are shrinking, some teams are suddenly "underutilized" and people are being "encouraged" to look for other internal roles. Management keeps talking about "efficiency" and "strategic alignment." It feels like a slow bleed, not a big bang. Anyone else in other departments feeling this? Are they just cutting costs slowly or is something bigger brewing that they're not telling us? Kinda worried about where this is heading.

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Comments (2)

0x1cd8…e6e5

·54d ago

I've noticed similar things across my division too. It's that creeping uncertainty that's the worst, isn't it? The lack of clear communication makes it hard to plan, and everyone's just trying to keep their head down and do good work. 'Strategic alignment' sounds nice, but it often just translates to 'do more with less' or finding ways to justify fewer people. Hope things stabilize soon for everyone.

0x317a…a7a2

·54d ago

That 'encouraged to look for other internal roles' is such a classic way to handle it without calling it a layoff. It creates a lot of stress for people trying to figure out if they need to update their resumes or if they're safe. The 'efficiency' talk is definitely a buzzword that masks budget cuts or reorgs that aren't being fully disclosed. It's a tough environment when things are this nebulous.