Thread regarding Mutual of America Life layoffs

The Calm Before the Layoffs

as an employer client of Mutual of America i am disappointed to learn there could be more layoffs. We have lost some good local service team members the past couple of years, and some of these comments are a bad omen.

If there are corporate management on here, before more front line staff are laid off, listen to what your loyal customers need and want:

Better functioning website
Modern employee education
ability to submit contributions on my Android device
Improved Mobile App. this hasn't been updated for years
Retirement readiness score. there same calculators from Dinkytown have been on the website for 15 yrs. Why no upgrades ?
low amount of industry articles & newsfeeds
poor communication this is 2025 and employees can't commmunicate by Chat, text, or secure messaging
Lack of automation its paper & calls for everything. Company lacks automation
no professional money manaegment option
lack of financial planning
not enough big name investments

There you have it ! Focus on these areas and you could expand and hire more employees or at least replace the employees with AI robots or chatbots. Help us 1st !

Mutual of America, you CAN do better !


by
| 1691 views | | 8 replies (last January 3) | Reply
Post ID: @OP+1kb8re85r

8 replies (most recent on top)

@4ds great idea. mutual is riddled by errors the likes my benefit broker he said he hasn't seen in a generation. The only reeason we stay w/mutual is the annual $5000 donation checks.

by
| | Reply
Post ID: @547+1kb8re85r

In all seriousness, you ought to put out an RFP and shop around your retirement plan to find a new provider.

At this point continuing to use Mutual of America as your company's retirement plan provider is almost certainly a breach of fiduciary duty.

by
| | Reply
Post ID: @4ds+1kb8re85r

@vk Mutual of Omaha's Wild Kingdom.

by
| | Reply
Post ID: @16c+1kb8re85r

@m4 Yes. Alert the New York Post! Headline: "Company No One Has Heard Of, but Often Confuse with Mutual of Omaha, Lays Off of A Handful of People Before The Holidays! Congress to Launch Investigation!"

by
| | Reply
Post ID: @vk+1kb8re85r

@OP The Grinch strikes again right before Christmas~No WARN notice~Massive restructuring+layoffs on the Titanic will hit soon~No one is immune~The firm was supposed to be profitable by now but more layoffs shows that it is struggling~The fall from grace continues~Time to alert the news media in advance~does the NY Times, WSJ, or NY Post know ? How about Palm Beach news stations. Holy Sch:t Turn your Linkedin Open To Work on now. Run for the Hills~Mayhem Malarky has gone rogue and taken control of company from Riche.

by
| | Reply
Post ID: @m4+1kb8re85r

@OP Believe it or not the Website has a chatbot. It just doesn't do anything and doesn't even understand what 401K means.

by
| | Reply
Post ID: @j2+1kb8re85r

@ag not to mention they are still in the 18th century with paper withdrawals, hardships, loans !! This is total BS and unacceptable with AI and everything. F-u>c-k them

by
| | Reply
Post ID: @b1+1kb8re85r

@OP This !!!!~The company lacks the ability to prioritize and is not in tune with clients needs. The website is like 15 yrs behind when Principal and Lincoln have. It’s very troubling, disturbing and alarming. Can just imagine they are behind on cybersecurity which is the most important #1 c-suite area for our large non profit. Wow Just Wow !

by
| | Reply
Post ID: @ag+1kb8re85r

Post a reply

: