You've got these clown RVPs because of the restructuring now heading up the client service experience as CRMs. First, they couldn't sell and instead of firing them, why place them in service roles they know absolutely nothing about and lack the basic... — read more 

Not counting the proceeds from the sale of 320 Park and the cost savings from the recent layoffs and frozen pension, what is everyone's guess what the publicly announced loss will be for 2024 ?

There have already been 2 big layoffs in 2024 — how can employees even focus or feel motivated to go to the office under these circumstances? Mr. Rich, it is essential to be transparent and communicate clearly about any upcoming layoffs or provide... — read more 

Like Blake said in Glen Garry Glen Ross, "you've got 1 week to retain your jobs." When I retired in 2021, the murmur was that the Field ExVP was going to be eliminated in the future. When B. Rose created it, he had 34 RVPs reporting to him. Now, from... — read more 

Got laid off a couple weeks ago after 14 yrs. One thing that pi---s me off is how much money we were giving out to clients. We weren't acting like a Sales organization. We were like George Soros running an endowment giving away money like it was... — read more 

Many of us are still amazed that the Chief Sales Officer kept his job and kept getting promoted after this lawsuit. At any other corporation, that person would have been long... — read more 

A company that stands for DEI in the hiring process, also needs to remain consistent in it's firing process. You can't just fire low level rank and file employees. You have to fire people at the top of the food chain. When MoA fires people, they need... — read more 

Part of the lavish over the top Greed/Severin/Festog spending spree was client and prospect entertainment at NFL Stadium Suites. The company secured multi year deals for these suites in LA, Hotlanta, and Minneacrapolis. $1M inked on these suites and... — read more 

If anyone on the Board or Executive Leadership is reading this, here is the roadmap to fix the problems at Mutual of America and return it to growth and profitability: New Board of Directors and Outside Executive Management Fix the Problems... — read more 

Merry Christmas to all MOA employees, especially those who were unexpectedly laid off. It's truly disappointing that the MOA CEO, despite emphasizing transparency, failed to alert employees that such a situation was imminent. We can't help but... — read more 

In a real world when fund is closed portfolio manager is fired. Not here. New master of the universe failed three times and his comp only increased. Millions in comp despite multiple fails. Ask yourself, If he failed thrice what does he know about... — read more 

Most everyone in here sounds so bitter. If you don’t know this, most all other companies do layoffs from time to time and do things that move the business forward. This isn’t new in the world… No one ever forced you to stay but yet you did. To name... — read more 

Folks, take a look at this. Your firm is spinning the recent layoffs as becoming more efficient. Nice Try ! Cover up for the incompetence of the Braintrust at 320 Park Ave... https://news.ambest.com/newscontent.aspx?refnum=263209&altsrc=23

In early 2022, MoA bought Landmark. They rebranded into Truspire. Landmark Admin had a massive data breach this year impacting 800,000. There are many lawsuits over this. Now, MoA is attempting to divest from Truspire as it has been a total flop... — read more 

I've heard from many employees within the company that the CHRO is nearly invisible and doesn't interact on a regular basis with front line or field staff. They say she only hosts DEI events which have been non-existent the last few months, sends out... — read more 

Does anyone know how much a member of the Board of Directors gets paid ? Why don't they release internally meeting minutes of all Board meetings ? Why doesn't the Firm publish the total compensation packages of all Senior VPs and above on its... — read more 

However imperfect, under Moran there was a Spirit of America as was our tag line before the Spirit of Greed. The culture did foster caring of those inside and outside the company. It was a conservative mindset, and of tailoring to special needs of... — read more 

Mr. Flynn and Mr. Moran must be turning over in their graves tonight with all the carnage handed down by "Chainsaw" Stevo Rich. Some of you might be too young to remember this but back in the day, Sunbeam Corp hires a CEO who the media branded at... — read more 

OMG !Fidelity Inked a lease taking over 24K square feet of 320 Park Ave. How come no one at the firm told the employees about this ? Will Fidelity be the suitor of Mutual of America and buy the firm out ??? Inquiring minds want to know....OMG !

Is the sale of 320 Park Ave and 1150 Broken Sound Way the next step ? If those happen, the first would realize $300M in gains. Will this be enough to keep the "A" Rating with AM Best, Fitch, Moody's. Weiss has already given them a "B" rating. Come... — read more 

Former NFL Football Coach Jim Mora was once quoted as saying. "PLAYOFFS?! Don’t talk about—playoffs? You kidding me? Playoffs!?!" Today is D-Day at MoA. Flags at 320 Park Ave are flying at half mast. Taps is playing. "Layoffs ? Layoffs ? Were... — read more 

A very sad day in Mutual of America long history of promises to keep. Always remember & never forget.

It wouldn't surprise me if 50-75 people get canned next week right before Christmas. Yesterday's fat trimming is just the beginning. The company needs to get down to roughly 850 employees to be viable as an on going entity. Right now, it still has... — read more 

Yesterday was just the tip of the iceberg. Insiders tell me there will be more layoffs to come in the days ahead right before Christmas and a massive restructuring that won't be for the faint hearted. Buckle Up. There is more turbulence ahead.

Many were laid off yesterday and presumably more to come. Why? Because corporate greed of former and current leadership taking raises while legal fees grow. If you weren't laid off, do yourself a favor and escape the titanic while a life raft is... — read more 

Greed and Festog started this downward spiral. And the CHRO must be proud. That's a half million dollars in waste right there...

MOA just laid off more employees today.

There is no way in he-l Mutual of America survives it's dramatic fall from grace. The new CEO is going to sell the company. With the recordkeeper consolidations, it would be the only way to save 75% of the workforce. Mutual's technology is so far... — read more 

When Steven Rich took over, he said he wanted more transparency. Like Tiaa-cref does, put on the Mutual of America website, the salaries and compensation of all Executive VPs and above along with Board members compensation. Steve should also make... — read more 

For years, Mutual of America mislead the public in it's Annual Reports discussing how far along they were with the "Digital Transformation." The true was covered up. The transition to OMNI was rushed all to save $8M so Greed didn't have to sign... — read more 

Being laid off would be a blessing. This place has been falling apart for so long, and the only reason I haven’t left yet is because I grew complacent and because the job market these days is not all that great. I think all of us who are still here... — read more 

Greed, Festog, Severin, and Donaldson were all fired. Severin was being invested before he was fired and was placed on investigative leave. The company is currently investigating Moriarity, McManus and others due to a US Department officials of Labor... — read more 

Did Festog, Donaldson, and Greed get laid off now?

As a former long time MoA employee I requested my pension funds be transferred to another financial institution. It took months to get a response and months more for the rollover to actually take place. I have a feeling if I didn’t show up in... — read more 

Mutual of America laid off 120 employees today with no warning whatsover.