Topics regarding layoffs at TIAA (TIAA-CREF)

Topics regarding layoffs at TIAA (TIAA-CREF)

100 + Layoffs in Retirement

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.

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 

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 

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| 2000 views | | 5 replies (last January 3, 2025)
Post ID: @OP+1w735HtV

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 

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 

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| 1370 views | | 3 replies (last December 6, 2024)
Post ID: @OP+1vOGWMta

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?

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| 1060 views | | 3 replies (last December 4, 2024)
Post ID: @OP+1vNt8MRj

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?

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?

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| 1180 views | | 2 replies (last November 3, 2024)
Post ID: @OP+1vi6Cp8S

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?

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| 1320 views | | 7 replies (last November 7, 2024)
Post ID: @OP+1vhWnX0X

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.

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| 910 views | | 5 replies (last November 1, 2024)
Post ID: @OP+1vgqlevS

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 

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| 1140 views | | 3 replies (last November 15, 2024)
Post ID: @OP+1vgcCWzm

November layoffs

How does November look regarding layoffs? Has there been any chatter or rumors I've missed?

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| 380 views | | no replies yet
Post ID: @OP+1vgG7pT6

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 

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| 830 views | | 3 replies (last November 1, 2024)
Post ID: @OP+1vgZ63RH

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 

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| 650 views | | 1 reply (October 30, 2024)
Post ID: @OP+1vfNmtwu

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.

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| 1220 views | | 3 replies (last October 30, 2024)
Post ID: @OP+1v9BFJcd

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.

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| 990 views | | 5 replies (last October 30, 2024)
Post ID: @OP+1v9y9Q4t

More layoffs coming?

I’ve heard suspicions of more layoffs coming before the end of the year, but nothing factual. Has anyone heard otherwise?

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| 1370 views | | 3 replies (last October 30, 2024)
Post ID: @OP+1v9SnpLx

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 

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| 2010 views | | 6 replies (last November 1, 2024)
Post ID: @OP+1uUDHEfG

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 

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| 2190 views | | 9 replies (last October 14, 2024)
Post ID: @OP+1uTGHZBC

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.

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| 1310 views | | 4 replies (last November 14, 2024)
Post ID: @OP+1uOa8MeA

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 

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