T has a habit of being out of the country on one boondoggle or another when significant employment action takes place.. This time she’s living it up in Davos Switzerland with her cronies (at significant expense) while 100 people lost their jobs. — read more
Negotiate severance agreements
I hear a few folks let go yesterday are working with attorneys to re negotiate the severance terms. Is that even possible?
Any more surprises this week?
To those affected—don’t take it to heart. You’ll find something better, and you'll eventually be glad you’re no longer part of this sh-tshow.
Something is going down today…
Have an all hands update call for this morning that was put on our calendars last night. Anyone know anything?
Since TIAA is considered Federal Contractors, will Trump Exec Order about FULL RTO apply???
If you recall during the plandemic, TIAA was subject to the vack seen mandates. Since technically they are Federal Contractors, they were also subject to certain federal guidelines. So with the Trump Executive Order signed just minutes ago... — read more
New Job
I got a new job and need to join mid February before the bonus is paid out. Folks please help what are my options, can I join the company and take two weeks PTO. Get my bonus and peace out without the notice. I am licensed in my current role at TIAA... — read more
Layoffs happening next week?
Anyone have any intel ? Hearing it’s a sizable number
What’s going on with Frisco?
Been hearing we can’t seem to hire anyone there. Know there is some kind of quota needed for tax benefits but Frisco is one of if not the biggest remote cities in the country … someone didn’t do any research since who would work for TIAA in DFW... — read more
Monitoring Outlook Calendars?
What is up with the fire drill to have immediate access to outlook calendars to see ‘all meeting details’ ? It’s insulting. Micro mgmt at its worst. Big brother. All of it. What is going on and why the urgency?
Bonus
I am expecting a 2 rating in Feb due to a verbal warning. Will I get a bonus this year ?
Broken Promises. No Guarantees.
A year ago I was extremely happy working at TIAA despite its flaws (which all large employers have). I was excited to earn a promotion soon and genuinely enjoyed the people in my department. The future had potential. Fast forward to now, this... — read more
No raises redux
cross post from fish bowl: Standard raises of 3% unless you got a promotion for those under 100k. Anyone over 100k no raises. Of course that will not include senior leaders who received 8% raises last year while the rest of us got 0%.
Retirement Plan
Does anyone know how the retirement plan for employees is distributed if you are over 60 and either quit or are laid off (not the 401k)? Can the employee request a lump sum draw from the TIAA retirement plan or does TIAA control the distribution? ... — read more
Quiet layoffs still going on?
People have been reporting small groups being laid off for weeks now. Any updates on that front?
3 swipes, not worth it.
I find myself here in the office for my swipe trying to avoid some BS email. I got sideswiped on the way to work. And wonder is this sh-t worth it? You know this began as a hissy fit from Temu. She showed up on a Monday and got mad no one else did... — read more
3rd Quarter Results
Net Loss $462 million. Folks, this cannot continue.
Data breach
I just noticed my SSN was exposed by TIAA and found that they have exposed data of 2.4 million customers. Why is this not reported on the tiaa website? Here is the link to the... — read more
Accenture Transition
So is everyone who will move over to Accenture already aware that they’ll be moved? I know the first wave is in December. But what about the others? Is TIAA still deciding who else will be moved?
XMAS BONUS?
It would be amazing to get an extra $1000+ as a Inflation Adjustment Christmas stipend. Yes inflation has slowed down but property taxes and the cost of food still has me eating Top Ramen and Pop Tarts.. Just like in college :) , and there's plenty... — read more
Things feel off
Things feel off around the company this week. Can someone spill the beans on what the he-l is going on?
Bossware Upending TIAA
https://www.wired.com/story/creepy-rise-bossware/
I’ve been thinking about finally leaving
I’ve been with TIAA for years. It doesn't even resemble itself from the time I came onboard. This past year in particular has been tense and stressful. I also don’t see a particularly bright future ahead. I already started looking for another job... — read more
Denver Closure
I heard the details were released this week. Did TIAA come to their senses and let everyone have the option of transferring to Charlotte if they weren’t interested in Texas?
CEO Titles
Anyone know the reasoning behind these new bogus CEO titles for David Nasson and Kourtney Gibson? They were already the heads of those departments, so what do they need CEO titles for?
LRC
The atmosphere is super tense. Next couple weeks will be very interesting, teams are being lined up already and being asked about what they do
Winning with our people?
It’s crazy that Claire’s message about how we are winning with our people and how she values us all so much is still the first thing on the intranet the same day the Denver folks are getting their severance dates.
How the pendulum has swung
Isn’t it crazy that 2 years ago we had a party on an island with a C list rapper? Who we then paid to create a song about “retirement”(?) a year ago? EssenceFest, discussing Super Bowl commercials, it was crazy. And now? Every penny must be... — read more
November layoffs
How does November look regarding layoffs? Has there been any chatter or rumors I've missed?
CNBC Article: Coffee and T
So I came across an MSN article: Making "Coffee and T" a recurring meeting on her calendar has helped Duckett create a culture where employees feel "heard without judgment," she wrote on LinkedIn. what a bunch of horsesh-t!! Title, “ Fortune 500 CEO... — read more
No work-life balance
This wasn’t always an issue, but it’s become a real struggle lately. People keep finding better jobs and leaving, which means the rest of us on the team are stuck taking on their work. For some reason, they’re not backfilling any of those positions... — read more
Anyone know the agenda for the CS&T Organizational Update - New Operating Model meeting that was put on our calendars?
Could this meeting be telling us to RTO 5 days a week? Or just the Org changes updates?
LR&C Layoffs?
Legal, risk and compliance planning more layoffs? Seems odd to accelerate self evals relative to enterprise deadline, especially with rumors of mandated budget cuts from the top.
Venting about M&C org
Micky's Team Update email Why even try? The only people who get ahead in this org are cronies who mismanage their teams. But they impress Micky.
More layoffs coming?
I’ve heard suspicions of more layoffs coming before the end of the year, but nothing factual. Has anyone heard otherwise?
EverBank turnaround story (now that TIAA is out the way)
It has been more than a year since we sold the Bank. One thing I found odd about this transaction is that the sale amount was never disclosed for this transaction. One would assume that because we seemed so desperate to end the relationship that we... — read more
We have a reason to be angry
For years the company told us how much they needed us. The company told us how much they valued us and couldn’t get by without their people. The company told us that we were the difference makers and they couldn’t do it without us. When they had to... — read more
How did 2 years to close Denver become 6 months?
After the notification in August came out that they were closing the Jacksonville office in July 2025 and closing Denver in July of 2026, my manager and their manager sat down and said "we wanted to give plenty of time notice for the employees...blah... — read more
Transition
Now slowly we are realizing , this partnership is not good for us. Many of us losing the license, downgrading our band level. When you will be redeployed it's not just re-skilling, you would interviewed again Accenture internal team as new Clients.
Same Ole, Same Ole
Barely struggled through today's "Ask the EC" call. Lots of canned answers, devoid of any real substance, addressing questions that I'm sure were hand selected specifically to avoid any semblance of controversy. Although in the current toxic... — read more