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...
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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 employee vehicle ban

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...

Singapore introduces flexible work guidelines

In Singapore, fresh measures are on the horizon for workers, as they gain the right to request four-day work weeks, increased work-from-home opportunities, and...

Latest

upGrad records 55,000 placements in FY24

Fresh off a successful fiscal year, upGrad, a learning platform, capped off FY24 with considerable growth in annual placements and transitions, reaching a record...

US, Japan to boost Philippines semiconductor workforce

Pledging to nurture talent and foster innovation, the US, Japan and the Philippines unveiled a bold collaboration. The move aims to propel the Philippines...

‘Jensen special grant’ for Nvidia employees

Nvidia, the chip making firm, is sharing its profits with its employees and how! It is giving its employees a special one-time grant of...

State must address retired employees’ pension benefits: Uttarakhand HC

In a recent ruling, the division bench of the Uttarakhand High Court emphasised that the state cannot unjustly deprive any employee of their entitlements....

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....
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