Thread regarding TIAA (TIAA-CREF) layoffs

If you have an actual desire to move into a specific area, I would try and find people you may know in that area and start networking. Go to Workday and find the mentor section - see if anyone is listed that works in that area. Get yourself known there, and maybe start getting yourself close to managers in those groups. I have a few colleagues in the group that I am looking to move to, and I’ve put the bug in their ears so they can mention me to their manager. Soon, I’m going to reach out to the manager and just have some discussions. Sadly, if your name isn’t fresh on their mind, these roles are seemingly filled before they are even posted.

I had a friend reach out and ask me if I was interested in a role because their manager asked them to ask around and give him some top choices. The hiring managers don’t want to waste anymore time than we do when it comes to filling roles.

Depending on the role's uniqueness plus it being posted internally or internally+externally, there may be 500+ candidate applications.

Apply as soon as you see the posting + network to the hiring manager and/or the recruiter to improve your odds (same for any posting at any company, tbh).

@j0 In my experience they always have and when I am hiring...I always reach out to the current manager. I always tell my mentees to find out what info your current will provide before applying for a job...your current manager can help or hinder you.

@fx

Does the hiring manager always reach out to the current manager?

@fa And is not a bad thing at all...my managers having sent a recommendation after I had the interview...I also reach out to the hiring manager for a informal touch base..

@fa if your manager does not want to recommend you for a role...manager not providing support...you should wonder/ask why? And if the manager doesn't, that might be why you are not getting the jobs...when hiring manager contacts your current manager-what is he/she saying about you?

@f2

Wouldn’t it be a bad thing to have your current manager sen a recommendation? What if you don’t get it?

I have been with the company 28 years and have applied for various internal positions....some I was hired and some I was not...you need to network and job shadow as mentioned before and get to know hiring manager and team and demonstrate your interest prior to a job being posted. If I have two candidates going for a position and one showed interest prior and is qualified...I would hire that person. Also having your manager send a recommendation email helps.

My experience with applying to roles internally is that they already have somebody in mind. TIAA used to have DEI requirements (don’t know if they still do) when interviewing so they would interview people who had no chance just to check a box. Also, in my experience, a lot of teams don’t want to hire somebody from outside the department. They keep it “incestual” because they don’t want an overachiever coming from the outside and making them all look bad.

If you don’t know the hiring manager prior to the role being posted then the chances of getting hired are slim.

You need to proactively network and do job shadows before the role is posted.

However - jobs are more competitive now. Lots of uncertainty at TIAA and in the industry.