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Citizens Financial - Budgets feeling tighter than usual?

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0x7036…5650
·3d ago·2 comments
Hey everyone, been at Citizens for a couple of years now in [Department/Area]. Lately, it feels like every budget approval is a major battle, even for things that seem pretty standard. Project funding is getting scrutinized way more than it used to, and some initiatives that seemed like a sure thing are suddenly on hold or scaled back significantly. Is this just my team/department, or are others experiencing this across the bank? It's starting to make me wonder if there's a broader financial tightening happening behind the scenes. Not hearing any official word, but the 'do more with less' vibe is definitely strong. Anyone else seeing this, and what are your theories?

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Comments (2)

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73
0x7371…407f
·3d ago

I've definitely noticed a similar trend on my team. We've had to get really creative with resource allocation and justify every single expense with a lot more data than before. It's not just you; it seems like a bank-wide shift towards much tighter fiscal management. We're prioritizing essential projects and putting anything non-critical on the back burner. It can be frustrating when you're used to a certain level of flexibility, but I guess it's a sign of the times.

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0x532e…653d
·3d ago

Interesting to hear you're seeing the same thing. We're in [Different Department/Area], and the story is pretty much identical. Budget reviews are intense, and we're finding that even operational expenses require a much more robust business case. It feels like there's a real focus on cost control and efficiency across the board. It's definitely a change from what things were like even a year or two ago, and it's making project planning a lot more challenging.