I noticed the submission describing HR pressure on managers to terminate employees in ways that avoided paying severance. I believe a major publication investigated this practice at Citi and ultimately did not run the story because of *obvious* pressure from the company, despite evidence suggesting it was widespread. Perhaps this will encourage said-publication to pick that story back up.
Story 167, excellent point. Citi is always two steps ahead when it comes to corruption. Jane sure has her “stand by my man” routine down pat with this executive although we noted that she stood him up at his Town Hall this week – it appears even loyalty has its scheduling conflicts.
The Citi managing director who drugged and raped women was sentenced today. The company’s response? “We cooperated with law enforcement as they sought justice for the victims of these heinous crimes.” How noble. It’s amazing how quickly institutions discover their moral compass once the FBI is involved. I bet a million bucks this wasn’t the…
I was a Business Analyst at Citi in 2023 when a new senior leader arrived with a great deal of fanfare. Almost immediately, I noticed that he paid an unusual amount of attention to several of the younger female analysts. One in particular stood out—a tall woman with honey-blonde hair and Eastern European accent. The…
Story 329 articulated many of the observations and concerns that I, and others, have quietly carried for some time. Themes ranging from a “bank with soul” to allegations of discrimination, favoritism, and processes that appear compliant on paper but fail the spirit of fairness were striking. While many of these topics may not have previously…
Watching commentators on the Golf Channel discuss Phil Mickelson’s banishment from his club got me thinking about how when action against influential people occurs, it’s natural to wonder what happened behind the scenes. The public rarely has access to the full story, but organizations clearly understand that removing a prominent figure carries costs of its…
Last week, FIFA suspended a one-match ban on the US’s top scorer after President Trump personally called the FIFA president to ask for a “review.” FIFA subsequently granted an appeal. That’s the whole disease in miniature. Not “we disagreed with the call, so we’re contesting it through the process.” Instead: work the relationship, apply pressure…