Thread regarding TIAA (TIAA-CREF) layoffs

Are we the Titanic of the financial services industry?

Or maybe a better analogy is that we're Pompei, obliviously waiting for Vesuvius to finally explode. The company just seems to by dying a slow death, going deeper and deeper underwater with each passing month. We have an invisible, inept figurehead CEO at the top. Extremely questionable decisions coming from her less than competent inner circle. Chaos at all levels due to brain drain, the Denver closing, the Accenture fiasco, pi-s poor management, non-communication and outright apathy. There's the ham-fisted rollout of our AI platform, which let's be honest was probably aimed primarily to rescue the not insignificant pool of associates who can barely write at a middle school level. In short, very little cause for optimism. Time to start lowering the lifeboats?


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| 27 views | | 8 replies (last 21 days ago) | Reply
Post ID: @OP+1kydjj8rp

8 replies (most recent on top)

@29t same here. Give me the highest pay with the least amount of work. Just like our CEO.

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Post ID: @2dn+1kydjj8rp

@1f4 why does it matter?

Personally I am focused on my own bottom line

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Post ID: @29t+1kydjj8rp

@ad Mutual of America just announced layoffs of 150 more employees. NYDFS & the rating agencies have them under watch.

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Post ID: @1k8+1kydjj8rp

@1f4 premiums (in flows) are way done. Lots of group plans leaving. Those numbers are unaudited for that report for NYDFS so it is anyone's guess how slight of hand accounting tricks make it look better than what it really is.

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Post ID: @1k7+1kydjj8rp

Have you seen the latest numbers on net income and net new annuity contributions? Forget the Titanic. Start thinking Hindenburg. https://www.tiaa.org/public/pdf/t/tiaa-quarterly-statement-march-2026.pdf

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Post ID: @1f4+1kydjj8rp

@s8 TI-TTY-PANIC

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Post ID: @wq+1kydjj8rp

TIAA-tanic. The deck chairs are in Denver, Charlotte, Frisco, New York and India.

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Post ID: @s8+1kydjj8rp

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