Tag: Citigroup
Citigroup continues to trim workforce; 430 being let go in New...
Headcount at Citigroup is being reduced further. The latest round of layoffs will see 430 employees from across units in New York being let...
Citigroup to axe 168 roles from Dublin office
As a part of a broader restructuring initiative, Citigroup has revealed its decision to trim up to 168 positions. The decision will affect its...
286 jobs to be axed at Citigroup in New York
Citigroup will let go 286 of its employees in New York as part of its attempt to cut its workforce strength by eight per...
Pay of Jane Fraser, CEO, Citigroup, up 6% amid workforce cut...
Jane Fraser, CEO, Citigroup, witnessed her total compensation rise by six per cent to $26 million in 2024, reflecting a $1.5 million base salary,...
Citigroup announces partial bonuses for laid-off staff
Citigroup is set to provide laid-off employees with partial bonuses determined by their tenure this year as part of the bank's extensive reorganisation set...
Citigroup plans to lay off 10% of its workforce
According to media reports, Citigroup's management and consultants are considering reducing the workforce by at least 10 per cent, impacting various key divisions as...
Citigroup CEO urges bold change, challenges staff to embrace transformation
Jane Fraser, CEO, Citigroup is determination to give Citigroup a new shape and she wants full cooperation from the workforce. In a message to...
Citigroup’s restructuring could cause job losses
Citigroup is taking measures on a substantial restructuring exercise, and employees working in compliance and risk management support roles are more likely to be...
Citigroup to enforce three-day in-office compliance
Citigroup, a financial services corporation, stated that employees will be required to work at least three days a week in the office and measures...
Citigroup axes jobs in investment banking, mortgage units
Citigroup Inc. is axing hundreds of jobs, primarily impacting the investment banking and mortgage units. This round of job cuts will hardly affect one...
9% pay hike for Citigroup CEO
Jane Fraser, CEO, Citigroup, will enjoy a pay hike while most other executives across various financial institutions in the US are taking a pay...
Citi to hire 3.5% from LGBTQ, increase women, Blacks in senior...
As part of its new diversity goals, Citigroup plans to make 3.5 per cent hires from LGBTQ community. Earlier, only 2.1 per cent of...
Citi offers fully-funded degrees to employees
Citigroup will make it easy for its employees to get a college degree by funding the programme fully. Yes, Citi is offering free college...
Citigroup inaugurates new solution centres, increases capacity
Citigroup, the US-based bank, has inaugurated one Citi Solution Centre each at Chennai and Pune as part of its efforts to expand its network...
Citigroup to hire 900 employees in next three years
Citi, or Citigroup Inc., an American multinational investment bank is going to hire 900 employees over the next three years. The decision has been...
“Get jab by Jan 14 or lose job”: Citigroup to staff
To ensure that its employees get vaccinated, Citigroup, the American investment bank and financial services company has issued an ultimatum to its workforce in...
2022 to begin with WFH for many US-based companies
JPMorgan Chase & Co has told its employees that they can work from home at least for the first half of January 2022. It...
Wells Fargo delays employee return to office indefinitely
In view of the growing threat of the Omicron variant of the COVID-19 virus, American multinational banking company, Wells Fargo, has decided to delay...
12-week sabbatical with 25% base pay for Citigroup staff
Taking another step forward to ensure engagement and satisfaction of its employees, Citigroup will offer its staff an opportunity to avail a 12-week sabbatical....
Citigroup tries to close gender pay gap in Singapore
The Group has made salary adjustments to ensure women doing the same work as their male counterparts get the same remuneration.
Citigroup Inc., Singapore, has...
‘Who follows what’ between talent & industries
Time and again this chicken and egg situation has forced organisations to rethink their business and talent strategies.
How digital mindset can transform HR
Digitisation has emerged as a key disruptor and game-changer, with enterprises leveraging the integration of big data, cloud computing and mobile, and smart technology becoming a key business priority.
Paying less to a known devil
Ironically, the more we know of employees and their longevity in an enterprise there is a greater probability of those employees being short changed in terms of rewards and remuneration – the Known Devil Syndrome!
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel: Journey through excellence in talent acquisition
Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Latest
Remote work for UAE government staff today due to heavy rains, hailstorms
Government employees in the UAE have been ordered to work remotely on 16 April, 2024. Private-sector organisations have been told to take necessary precautions...
TCS to open delivery centre in Brazil, create 1600 jobs
Tata Consultancy Services (TCS) is gearing to establish a new delivery centre in Brazil’s Londrina. The area is already familiar with the presence of...
Will Indian migrant workers to Britain be able to sponsor family members now?
With the new visa and income rules being implemented in the UK, migrants who earn less than £29,000 will not be able to sponsor...
Tesla faces speculation over potential layoffs amidst internal struggles
Tesla has become the centre of attention as speculations mount regarding the possibility of significant layoffs within the company. Reports stemming from Gigafactory Texas...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
