Thread regarding TIAA (TIAA-CREF) layoffs

Employees who are not relocating.

Will Denver employees be offered severance packages if they choose to not relocate to Texas?

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| 2168 views | | 9 replies (last July 24) | Reply
Post ID: @OP+1k0rr4pe7

9 replies (most recent on top)

@hg thank you for the candid response; and all reasons to do what you’re doing. Sounds to me like we need more people like you here!

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Post ID: @mf+1k0rr4pe7

@h2 this is c1.

Simply put I love my team and hate that I can’t continue here doing great work with them, I value them anf the work we do and want them to succeed when I’m gone.

While I don’t agree with what the top of the house is doing, I don’t want the company to fail. It is also required of us to document our transition plan before our end date so just following orders to ensure they don’t block my severance somehow.

Plus I want the company to do well because like every associate I am also a participant with a decent amount of money in retirement products that I will need in some 20 years or so.

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Post ID: @hg+1k0rr4pe7

@c1 I applaud you for doing what you're doing and going above and beyond but genuinely curious why you're working so hard to make sure your "replacement" can succeed? This company doesn't value you so why do you value it?

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Post ID: @h2+1k0rr4pe7

Work hard and get rewarded with more work. Leave and get rewarded with a raise.

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Post ID: @cb+1k0rr4pe7

@bk sad that is true for you and others but it’s not the case for everyone… for many of us including me …
meanwhile I am in the wave for next July and have been working my you know what off harder than ever to complete my work and document what I do for my replacement.

I feel like there are so many projects going on and I have less time each day than I did before the news last summer and sometimes work 10-14 hours a day and still don’t feel caught up.

The waves are too far spread out in my opinion and HR has a near impossible task of filling some 800 people’s roles due to the office closures for those not relocating. Plus feels like we’re having a hiring freeze that may not end before the October wave in time for replacements to be hired and trained.

You know the motto for last many years here and elsewhere. “Do more with less!”

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Post ID: @c1+1k0rr4pe7

Yes of course. Like I am a firm believer that there are no d-mb questions. But this one kinda takes the cake it’s been said that since they were just rumors last year, have you been living under a rock?!?

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Post ID: @c0+1k0rr4pe7

One of the teams I work with has a Denver employee who was notified late last year they are in the October wave. This associate basically said “fu-k it” and hasn’t really worked since. Must be nice to stack checks THEN get a nice severance package. I sure as he-l wasn’t given that choice and have been working 2-3x given my team’s layoffs with NO raises.

Make it make sense…

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Post ID: @bk+1k0rr4pe7

@ah Actually the first wave was March 1st, as stated 2nd wave was July 1st, 3rd wave will be October 1st, 4th March 2026, final June/July 2026....

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Post ID: @aj+1k0rr4pe7

@OP Yes. The first wave was July 1.

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Post ID: @ah+1k0rr4pe7

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