What did everyone’s LTPP payout for the 3 years of vesting this year? I see ~3% per year or 9% total. CDs are paying better.
More cuts announcements coming in Retirement Solutions
Seems like Kourtney Gibson is the hatchet woman of the hour. Since January, she has been axing teams left and right. Heard that some long time leaders got the dreaded call yesterday.
Random Musings For The Greater Good
I realize that nothing will ever change as a result of anything expressed on this site. For lack of a better explanation, it primarily exists for purposes of letting off steam. And with the understanding that this site is named TIAA Layoffs, as a... — read more
Change is hard
The Accenture people have transitioned, the initial Jacksonville and Denver date has passed and there have been spot layoffs here and there but the company is still running just fine. Maybe all the doom and gloom here is unwarranted? There is a new... — read more
Performance scale
They’re trying so hard to mask giving out 5’s on TDOSS call. Shout out to the guy who asked lol.
TIAA outsourced entire teams to Accentture who in turn sent the jobs to India and hired H1B
Shame on TIAA for not supervising the transition to Accenture. Accenture manipulated the "skill gaps" matrix knowing that nobody at TIAA is going to notice. I was a contactor in Web team and Accenture replaced me with a H1B sub contractor who is not... — read more
Layoffs across the organization today
Messaging is so vague that it a more confusing than informative. Guess the backslapping and congrats at the L3 and above continues…
Does a company have to care about their image before a merger, aqusition, or sale?
Situation is what it is. I agree with all the posts regarding the disconnect between what is said publicly by executives and what actually happens behind the scenes. My thought process is that they will get out of RK and will slowly sell/close all... — read more
TIAA Layoff Impacted Editorial Series (TIAA LIES)
We’ve seen the Faces of TIAA series where they pick some vanilla employee with a “feel good” story about how they love their job cause they have benefits and free parking or whatever. But we know that these aren’t real people with real stories... — read more
Goal setting
What’s the point with the fabricated performance numbers for the how and what ratings?
TIAA is positioning to sell the RK business
hearing that all the cuts to staff are a strategic plan to sell the RK business and follow in the footsteps of Vanguard. cuts to areas that could have potential overlap with the new owner have been identified and is why there are cuts to seemingly... — read more
Internal job postings
What’s the deal with the internal job postings that are titled “ THIS NOTICE IS BEING POSTED IN CONNECTION WITH THE FILING OF AN APPLICATION FOR PERMANENT ALIEN LABOR CERTIFICATION FOR THE ABOVE-STATED POSITION” ? I see quite a few of them... — read more
Anyone get their comp info yet?
No raises? Bonuses sh---y?
Raises
Another year half the company getting no raise meanwhile EC will get 20%. How do they not act on this is beyond me.
That darn squirrel is back
Oh joy. It’s training time. We have so many trainings in too many waves. Like most don’t apply to us anyway, just a leadership CYA for everyone. I feel like we just got finished with these trainings. Why not consolidate trainings? it was a lot... — read more
Notices going out today
At least in finance. Notifications will go out today.
It’s happening…
Looks like it’s starting at Nuveen.
LTIP crediting rate this year?
Is it down? How far down?
Paper Right as good as halftime
No one understands either. Taking my brick for a Beamer. Let’s delight
They want you to leave
If a company is instituting annoying and stupid policies, giving no raises and cr-p bonuses, it’s because they want you to leave. Yes, even you, the “top performer”. They don’t care if you leave. Your team might but your “CEO” doesn’t. They know the... — read more
Stay in the NOOOOOOO…
Use this thread to discuss today’s useless circlej… er, I mean call.
Anyone else lonely after Accenture moves?
Only been a few days with last large move. But this week has been downright unbearable and heartbreakingly gloomy seeing all the empty desks and floors where our TIAA turned Accenture colleagues used to sit at each site. Feels pointless to go... — read more
Thoughts and fears for a 5 days RTO…
With the recent Accenture move this week, seeing how many empty desks there are across the country in person and via Zoom… they can easily make everyone go back to 5 days in the office. Which isn’t kind of scary to be honest. While this isn’t an... — read more
Forced final ratings -Senior Leader lack of Ethics!
EC and top management should be ashamed!
Leasing out Space
Rumors that TIAA will be leasing out space in the near future in CLT! Does it have any truth to it? Also, anyone else find it interesting they moved the badge office out of CLT, and have a badge office in NY and Frisco?
D-Day (decision) for Denver/BFD
Relo offers made today then nullified and redistributed. Wonder how the number compares to JAX folks. Wonder what they can’t just keep that money and let folks be remote. Or better yet use that money to keep the office open for a few more years to... — read more
Executive Security/Transportation
Does anyone else think it's a bit much when the EC arrives in a motorcade of black SUVs? I've had security literally brush me aside so they can walk out the front door of the office. I guess they are afraid of being mobbed? The transportation budget... — read more
I miss Roger
Company was great under his leadership.
Former TIAA Employee
I was laid off from TIAA in New York City a long time ago. It seems ever since they relocated major parts of their Operations, first to Denver, CO and then to Charlotte, NC with major presence in Dallas, TX, they've been laying off people on a... — read more
Wow… I’m shocked.
Hi, I was based in the NY office since 2016 and I was laid off last year because of budgetary reasons within the CAO dept. I’ve still had a few contacts within the New York office and within the other offices since I know a lot of the people within... — read more
Retire Inequality
I wonder if there has been any tangible results of the retire inequality/wyclef pusha T collaboration? Or was the money just wasted and went in the artist’s pocket? Seems like it would be an easy news story to research. If truly effective…. why... — read more
Is my job in danger?
I recently had my annual review with my manager. I'm a little above a 2.5 and did not receive a bonus. I've been on a written warning for my ACW being 2+ mins. I've since improved and have gotten it below 2 mins and yet I'm receiving another warning... — read more
TIAA Experiance
This used to be a great place to work, but since the new CEO took over it has in a death spiral. Worked there for 23 years and finally had enough and walked.
annual town hall
I came here for entertainment and not even a single post on this town hall yet?
Annual review bonus shafts
Anyone else perform really well the prior year only to get shafted into a lower performance rating? Heard from colleague in one department of being told by leadership the whole organization is getting the same rating number. Guess filling out self... — read more
T
There were ups and down at TIAA since 1996 but unlike with this leadership it is unsure where TIAA is going. 1500 folks transferred to Accenture and people who were retained was due to their connections with management. It is number game projection... — read more
TIAA Layoffs in Syracuse
Financial advisor laid off and person who telephoned me to reschedule indicated higher ups and many more people affected. This is a superb and diversifying woman.
more layoffs today (1/27/25)
Spouse works there. 100+ more people were laid off today, including some in Dallas (where the Denver office will be relocating by 2026). WTF is wrong with this company?