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Wow, I had no idea they had this many purely tech staff: "Citi currently has more than 30,000 software engineers."
by coderintherye 4y ago
Wow, I had no idea they had this many purely tech staff:
"Citi currently has more than 30,000 software engineers."
- aruanavekar 4y agowonder how many of 4k are new-hire vs replacement staff
- ramphastidae 4y agoI wonder how many those are part-time contractors or outsourced.
- MattGaiser 4y agoAnd outsourced to the crappiest of contracting firms like FDM or Infosys.
- raincom 4y agoThey even had a tech company within citi. https://www.citigroup.com/citi/news/2009/090120e.htm https://www.citigroup.com/citi/news/2009/090120e.htm
- vxNsr 4y agoThis was actually fairly common in super large international conglomerates. At their size it made sense for financial reasons. I think these days the way the tax code is set up it kinda doesn't anymore. I've seen a lot of these IT departments sold off.
- civilized 4y agoToo bad they couldn't have a couple of them improve that unusable old loan management program that lost them $900M.
- jpgvm 4y agoSomething that SV engineers seem to not understand is just how much software is private software (also how much of it is just plain old boring "enterprise" Java or C#). It's not glamorous or pays as well as SV startups/unicorns but it's out there and accounts for most of the worlds software.
- snowwrestler 4y agoI’ve heard Jamie Dimon brag on more than one occasion that JP Morgan employs “more programmers than Microsoft.”
- WoahNoun 4y agoAs a customer, I've been very happy with Chase's software, apps, and even their ATMs.
- nebula8804 4y agoWhat are you comparing it to?
- vangelis 4y agoAs a customer of Chase and CapitalOne, I hate having to use any of Chase's apps.
- cuteboy19 4y agoAnother quote "it's a tech company with a banking license"