Management and Silos ruining this company

I want to start off saying that the TIAA associates and people I've worked with are great but the silos and Management are running the firm and the associates into the ground which only hurts participants.

Having worked here for a long time until being forced to leave due to Denver closing (not offered relocation) I am astonished how far in the Stone Age TIAA is.

Every business being its own silo prevents learning and keep employees held back when they are trying to find a role outside the firm. It’s easy to believe I had several roles in different areas at TIAA. They teach you just enough to keep you here until a point they don’t need you anymore. Which makes sense why I couldn’t get a job offer elsewhere until being let go having to re-learn same practices and new things not taught due to silos and getting rid of bad habits taught at TIAA.

I couldn’t be happier where I am but am sad that this company is an even bigger dumpster fire after leaving than it was my last few years there.

#Culture #EmployeeRelations #Layoffs #Management

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I hear T spends SO much money on catering and events like it’s her wardrobe

@OP Here’s how silos work. Every time new management comes in they vow to break down silos but they just end up building new silos.

My personal and honest opinion is that Nuveen at least is not any worse and in fact better than any other large financial companies when it comes to management silos and bureocracy

I've gotten to the point where I just chuckle when "silos" come up on the surveys and they act like that's the first time they are hearing about silos.

@az couldn't agree more with you on that.

@OP well said, and I know what you mean as well. I spent the first 6 months at my new company basically struggling to learn the business and basically start over. It was so bad I was at the point thinking I'd be fired for asking so many questions and seeking help. It's better now but TIAA and it's structure(or lack there of) really held me back in my career. Specifically their org changes and silos and other reasons you and @az mentioned.

Advice to anyone who feels the same way to get out as quick as you can and jumpstart your career (or reignite the flame) don't wait as long as I did.

The trickle down effect of countless layoffs makes it so that peers are reluctant to share domain knowledge and work with other groups, out of fear that they could be replaced. Over the last 5 years I’ve been here it’s gotten worse: the territorialism, the back-stabbing, the throwing under buses. I’m so ready to leave. I’ve worked at many other companies before, even a couple of MAANGs, and it was never this competitive and toxic at any of those other orgs. Imagine being more toxic than MAANG. An investigative journalist needs to come in and do an exposé on this company and the leadership.

Excellent point!

Thread regarding TIAA (TIAA-CREF) layoffs

Management and Silos ruining this company

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