Tag: Citigroup

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!

Latest

Govt implements ESMA as UP power employee protest continues

The ongoing strike by power department employees in Uttar Pradesh has disrupted normal life in the state, with many hospitals suffering from power outages....

Workers settlement to be cleared before Hyundai acquires GM factory

Hyundai Motor India has signed a conditional agreement with General Motors to acquire its defunct manufacturing plant in Talegaon, located near Pune, Maharashtra. The...

KA govt announces revisions to salaries of KPCL and Escoms employees

As a reaction to the massive strikes carried out by employees of the Karnataka Power Corporation Limited (KPCL) and Escoms, the Karnataka state government...

‘Googlers’ in Zurich stage walkout to support laid-off colleagues

In support of their colleagues who were laid off globally, about 250 Google employees in Zurich recently staged a walkout. The protesters are urging...

DIALOGUE

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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...