Story 86


Performance reviews are calibrated to predetermined promotion and layoff outcomes for use in potential legal cases – not measure employees’ actual contributions, performance and skills. They are weaponized to document Management’s favorites – not to be fair or give equal opportunity.

HR buries reports about problematic managers, they can only “offer training” to address problematic behavior, and shuts down and gaslights reporting employees rather than investigating claims in earnest.

Senior managers two and three levels below Citi’s CEO, including HR personnel, ignore documented complaints. One senior HR person in the Chief Human Resources Officer’s organization explicitly recognized retaliatory action—yet nothing happened.

The pattern is clear: eliminate competent people who could expose the dysfunction, retain obedient employees who will poorly execute misguided policies.

After a reorganization, a managing director announced in a team meeting that “all the unhappy people are gone”—yet the employee survey is supposedly anonymous. The survey itself is designed to suppress negative feedback: when employees give poor ratings about managers, follow-up questions are automatically disabled, preventing capture of detailed feedback.

Citi leadership and HR don’t want to know, and they don’t want it documented, despite public claims otherwise.

That same managing director told another MD that a director “close to retirement” doesn’t work hard anymore. At the next reorganization, that director was gone—textbook age discrimination. Someone hired to replace her with a promise of promotion to director was never elevated. Commitments mean nothing.

In an interview, HR told me Citi has a zero tolerance policy for retaliation. When I told her we both know that there is a gap between policy and reality, she has nothing to say.

When employees report misconduct, the institutional response follows a predictable pattern: Deny, Attack, Reverse Victim and Offender (DARVO). Deny the behavior occurred, attack the reporter through performance management and retaliation, and position the institution as victim of a disgruntled employee.

The message to employees is clear: don’t report, don’t complain, don’t expect accountability. HR protects the institution, not the people in it. This is by design.

Similar Posts

  • Story 180

    Former Director and people manager. For those unaware of Citi’s officer title structure, its highest position is Managing Director, followed by Director, SVP, VP. Citi has a nasty habit of eliminating jobs held by Managing Directors and Directors and reposting those same positions as lower-ranking Director or SVP roles. Same work and responsibilities, lower pay…

  • Story 244

    In the summer of 2024, the screens inside the elevators at 388 Greenwich were broadcasting a message to everyone passing through: we need to change the internal perception of ourselves. We are not a bad bank. By August of that year, internal communications were acknowledging that Citi lagged behind its competitors in all aspects material…

  • Story 178

    Female. At Citi for more than ten years. UK. At one point my manager a male MD pursued me relentlessly. I did not report it. My belief, right or wrong, was that HR existed primarily to protect the senior person, not me. Speaking up felt indistinguishable from career suicide, so I handled the situation quietly…

  • Story 364

    I left the industry in the mid 2010s to start a marketing agency, having concluded that even the “good guys” are prejudiced against women. I was working at a Big 5 bank for a woman (let’s call her ‘S’) who may have been the hardest working person to walk the earth. She was married; her…

  • Story 310

    This week, Fortune published a favorable profile of Jane Fraser and Citi’s turnaround. It is worth reading — for what it chooses not to examine. For investors, Fortune provides the “What” — the plan, the metrics, the narrative arc. What it does not provide is the “How” — the friction, the trust deficit, the litigation…

  • Story 139

    How are the stories of sexual harassment reported by women perceived? Men rarely imagine themselves as supporters of sexual abuse. Most would say, honestly, that they oppose it. And yet, again and again, when a woman speaks about being sexually harmed, the first instinct from other men is not to ask what happened to her,…