Looks like it’s starting at Nuveen.
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There’s an intranet article that explains the changes
What’s a “handful”?
What is “happening”? Just a handful of people impacted.
Exact same thing can be said of TIAA. Guess the apple doesn’t fall far from the tree…
If you’re talking about layoffs, no surprise there. Nuveen has a lot of bloat, everyone is a Director, many people don’t know what they are doing.