Thread regarding TIAA (TIAA-CREF) layoffs

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?

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| 5772 views | | 17 replies (last January 27, 2025) | Reply
Post ID: @OP+1jj4m9482

17 replies (most recent on top)

Institutional Retirement Plan Services (IRPS) and it was under Alice Hocking in CTS and ultimately reported up to Sastry.

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Post ID: @14z+1jj4m9482

What is IRPS and where was it before

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Post ID: @y9+1jj4m9482

More to be expected. This was just the beginning.

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Post ID: @mx+1jj4m9482

Appreciate the insight OP, do you know if there’s more layoffs expected or was this the extent of it for now?

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Post ID: @mq+1jj4m9482

OP here. Hate that I was right.

Everyone affected, please know you’re better off. I hope you take your severance and enjoy some much deserved downtime to recenter. Put this dumpster fire in your rearview and don’t look back!

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Post ID: @mj+1jj4m9482

Fishbowl said Retention got hit. No surprise there as they haven’t been retaining people. But I guess now they can’t anymore, so maybe a d-mb idea.

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Post ID: @mg+1jj4m9482

Interesting that they laid off people under Kourtney. I was told today that IRPS associates are being moved under Kourtney’s organization. So they laid off people only to add more?

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Post ID: @mf+1jj4m9482

Got laid off today within Kourtney’s org. Sounds like it was at least 50 people ranging from senior leaders to field associates. Had no prior indications and sentiment is performance was not a factor.

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Post ID: @m5+1jj4m9482

Everybody sh-----g on the poster meanwhile they were right and retirement got layoffs

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Post ID: @km+1jj4m9482

Guess you aren’t part of the important part of R&C…

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Post ID: @fx+1jj4m9482

I’m in R&C and didn’t get an all hands… what are you talking about

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Post ID: @fn+1jj4m9482

No troll. Unlike you lemmings, I actually work.

It was to announce the re-org in R&C

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Post ID: @eg+1jj4m9482

Nice troll OP can’t even give details in the post or replies when folks asking questions.

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Post ID: @cp+1jj4m9482

So did anything go down today? What was the emergency all hands about?

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Post ID: @bz+1jj4m9482

All DEI hires too

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Post ID: @ar+1jj4m9482

DEI department gone I bet.

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Post ID: @ap+1jj4m9482

What level/department? I don’t have that.

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Post ID: @a9+1jj4m9482

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