Topics regarding layoffs at TIAA (TIAA-CREF)

Topics regarding layoffs at TIAA (TIAA-CREF)

Not looking great for Accenture employees.

“In October 2023, Accenture communicated to its employees in India and Sri Lanka that there would be no salary hikes for the fiscal year 2023 due to adverse macroeconomic factors.” “Accenture Plc, the global consulting and technology giant, is set... — read more 

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| 1220 views | | 1 reply (September 28, 2024)
Post ID: @OP+1uIOK9Xx

Writing has been on the wall for a while

After offloading people to Accenture, there will be more layoffs coming. More importantly, there will be many new subtle ways to make you quit. I know it’s hard for long-time employees to accept it, but TIAA is no longer that company they started... — read more 

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| 2920 views | | 7 replies (last September 27, 2024)
Post ID: @OP+1uBSBelU

Acknowledge Letter

The letter says to employees can move to internal positions before they sign the Accenture offer letter or they can if they don’t sign the offer letter before they are terminated. But the fact is there is no internal position and nobody will give any... — read more 

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| 1420 views | | 6 replies (last September 21, 2024)
Post ID: @OP+1uALmbOJ

The new measuring whip

Take a closer look at the new performance scale. There are now two “underperforming” categories, but only one over-performing category. The “Leading” category is now the average. Don’t be fooled by the naming-scheme for the second category... — read more 

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| 1600 views | | 7 replies (last September 20, 2024)
Post ID: @OP+1uAHHjqV

The CAO must resign or be fired

After seeing the indictments against P Diddy going back 15 years, the CAO must resign or be terminated. Given the depth and breadth of what’s in the indictments, it is impossible for me to believe that he didn’t have at least some knowledge of what... — read more 

TIAA Times: TIAA’s inclusion in TIME’s list of World’s Best Companies for 2024. BIGGEST JOKE of 2024!!!

Seriously?? Best places? Maybe under Roger. Not now. This must be another made up prize or award like our Temu of CEOs, keeps getting. Let’s close down Denver, an IMPORTANT hub, risk all our talent there. And also let’s get rid of 1500e employees... — read more 

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| 1640 views | | 8 replies (last September 14, 2024)
Post ID: @OP+1uuvTEMR

Salary Decrease

I'm sure a lot of us are wondering (I heard its true) after 2 years at Accenture, our salaries will drastically decreased to match Acc level? If so, will it be mentioned in the offer.

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| 1610 views | | 7 replies (last September 18, 2024)
Post ID: @OP+1uthsTwo

Start looking

Just dropping this here: It’s always easier to find a new job when you're already employed. Not saying it's impossible otherwise, but having a job definitely gives you an edge. Something to keep in mind with ever-looming layoffs, firings, and other... — read more 

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| 1240 views | | 2 replies (last September 12, 2024)
Post ID: @OP+1usVUYAY

September 10 Town Hall

this board’s been pretty quiet lately so I’m gonna put this out there. Anyone hear of any big announcements coming at the Townhall? I’m hearing a four-day work week. Anyone? anyone? Let’s get the gossip mills churning again. I live for this. — read more 

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| 3320 views | | 15 replies (last September 12, 2024)
Post ID: @OP+1urB9AFj

Bloat at the top

While they’re busy slashing jobs at the manager and director levels has anyone been paying attention to the fact that T dramatically expanded the EC and each EC person then hires a CAO or chief of staff, their own HR Business Partner, their own... — read more 

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| 1990 views | | 5 replies (last January 4, 2025)
Post ID: @OP+1um2MBHj

Accenture Bands are low compared to TIAA

As per the townhall, if you are in TIAA 9 Band you will be mapped to Accenture 8 band that means Associate Manager and if you are TIAA 8 band you will mapped to Accenture 9 band that means consultant. I am not sure how many of you know, as per our... — read more 

TIAA veteran here

Run for your lives. This isn’t a shadow of a company I once worked for. I am, personally, just trying to bridge over, if possible, to retirement. The rest of you, just go look for good jobs and career options. This isn’t either. Work on your skills... — read more 

Just a reminder

If you are being shoveled over to Accenture, start looking for another job now.

People are not happy

I'm yet to speak to somebody who's not already looking for a new job. This latest move has been the breaking point for so many, myself included. Not that TIAA higher-ups will give a damn when it happens, but I foresee a major brain drain in the... — read more 

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| 2700 views | | 7 replies (last September 1, 2024)
Post ID: @OP+1uexFq9C

Salaries etc

Will the associates moving to this new company keep their TIAA salaries? I heard this new company doesn't have a retirement plan.... scary

Why Individual Contributors Are punished

Normally Directors and Managers are responsible if company is not doing well. Because they engage in all strategic discussions and decisions. They don’t even allow us to speak to business or leadership. In this company how they are safe enjoying... — read more 

Truth Serum Bingo, coming soon to a Social Thursday near you.

Truth serum, truth serum, truth serum. Northstar, Northstar, Northstar. Strategic partnership, Strategic Partnership, Strategic Partnership. The only thing missing was everyone's favorite........Otis & Rosie. Good grief. For the next All... — read more 

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| 1910 views | | 9 replies (last August 28, 2024)
Post ID: @OP+1udglW8M

Jesus take the wheel

I just wrapped up my FOURTH call of the day. The same BS over and over. By the last call SD looked like he wasn’t even buying it anymore. Or maybe he was just annoyed that there were 6 people in the room. 4 of them were speakers.

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| 910 views | | 1 reply (September 3, 2024)
Post ID: @OP+1udET79Z

Not me applying for other jobs during these meetings...

Listening to the buzzwords and damage control that the EC is trying to do, lawd. This whole thing feels like a joke and a slap in the face. My advice, update your resume, leverage your network, and stop looking for jobs on indeed and linkedIn. Check... — read more 

T's Hypocrisy

Is anyone else having trouble reconciling T's stated love and support of working class individuals and emphasis on how they should be taken care of and respected and given the opportunity to retire comfortably with the fact that she's booting a... — read more 

Assenture Announcement (translation)

Let's cut to the chase. TIAA is making moves, not out of strength, but because we have to – to keep up with competition and maintain relevance. Our mission to deliver lifetime income to millions of Americans is still the goal, but since we haven’t... — read more 

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| 1550 views | | 4 replies (last August 27, 2024)
Post ID: @OP+1udrwc5U

TIAA Stands For

I discovered long ago what TIAA stands for Terrible In All Aspects

This transition is exciting, but be empathetic WTF!?!??

I feel dirty after this call. We are muted, comments are muted, not questions are asked, more importantly our “leader” T, is no where to be found. Imagine that… Such BS… Skill yourself up, be ready as these people WILL do this again.

It's not so easy to find a new job

I've been attempting to leave for the past ten months. I got plenty of offers in that period, but none matched my current pay. If the difference was not significant I wouldn't mind that much, but the best offer was 20 percent below what I make now... — read more 

Whole drama is actually ridiculous

Contrary to leadership we all are grown up people. We can deal with crises. They apparently are not. They need drama. Drama and secrecy have all kinds of beneficial effects for incompetent people who are also not very brave or are ready to take high... — read more 

Good job ERIC SCOTTY and ElHAM

You guys just talk, we did all hard work, now you guys are staying just because of our hard work. Simply you guys sold us, you won’t be happy in long run. Not sure about over hyped Geetha.

List Is out on workday

Go to workday profile then overview option then organisation and if you see 9 items. Open list having custom in name. This is list of employees going to Accenture. If you don't see this then either you are PL or retained.

When Does a Conspiracy Theory Become a Conspiracy?

I realize a lot of us are nervous right now, and, frankly, with good reason based on the rumors circulating at all of TIAA's locations. So what do we know: in truth? Not much! But we can take a look at patterns and see a very interesting one... — read more 

Thank You

As we deal with this and wait for our fate, I would like to send a huge Thank You to the anonymous kind soul who took time and risk to keep people updated here all this time. You updating us here have definitely made dealing with this easier... — read more 

Let's be frank

TIAA has become an unbearable place to work and the overwhelming majority of its employees are looking for a way out as a result. I know the leadership loves attrition as a cheap way to get rid of people, but I think we're at the point where so many... — read more 

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