Citi - Times have changed a lot since starting with this company. May be good again one day but for now- too much uncertainty. | Glassdoor
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Helpful (1)

"Times have changed a lot since starting with this company. May be good again one day but for now- too much uncertainty."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Branch Manager in Jersey City, NJ
Current Employee - Branch Manager in Jersey City, NJ
No opinion of CEO

Pros

The best reasons to work for citigroup are the training, which is extensive and the employee benefits. Until the last few years, company growth and new job potential was a big factor for liking the company. The one good thing hat has come about recently is that it appears that we are finally starting to see some light at the end of the tunnel and the company may be stabalizing

Cons

Downsides are the uncertainty and the cutting back everywhere within the company. WHen I first started there was flexiblity in terms of employee bonus and recruiting. That is no longer an option for either. Watching the company stock fall to the sub $1 range

Advice to Management

Better communication with middle management always seemed to be an issue.

Other Employee Reviews for Citi

  1. Helpful (1)

    "Citi -is still strong and the publicity is very damaging."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    No opinion of CEO

    Pros

    Now there are fewer, but in the past it was a well respected firm with much opportunity, Again, in the past there were classes that helped employees gain understanding of the business and specialty areas such as advertising and marketing. Since they are a global firm, it may provide additional opportunities for individuals who want varied and international experiences.

    It is critical to ensure that you are in tune with your management and that you have the support of your supervisor as it is a large organization and it is possible to get lost in the maze of the politics

    Cons

    As in any organization, who your boss is, is critical - at Citi -that changed often so it is very important to help ensure that you have the support of your immediate boss and others. It is a large organization and as in any organization, politics can be tricky. It also might be difficult to navigate the organization if you are new and do not have someone to help guide you, that is another reason why your boss is a key player in your success. The current environment will also make it more difficult to feel good about what you are doing when the press is continually hammering the organization.

    Advice to Management

    Try to work above the current poor press and make sure that your decisions are sound.


  2. "Citi - Potential for greatness, but paralyzed like a wooly mammoth stuck in a tar pit"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    No opinion of CEO

    Pros

    I believe that someday Citi will become an efficient and streamlined corporation. When this happens, Citi will truly be a benchmark company to work for.

    Citi has a footprint in every market and every product.

    As Citi restructures, there will be much opportunity to make an impact in the future of the company.

    Cons

    Citi is a tangled beaurocratic and technological mess. This has created a culture where employees are conditioned for process failure, inefficiency and just general complacency.

    Brain Drain - many of the bank's talent has either left the firm or is making every effort to leave.

    Future compensation structure is a mystery.

    Advice to Management

    Invest more money in technology and downsize the armies of support staff. Ensure that technology staff supporting english speaking employees can actually speak english.


There are newer employer reviews for Citi
There are newer employer reviews for Citi

See Most Recent

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