TIAA does this: Quiet cutting is an employer strategy to reduce headcount indirectly by reassigning employees to less desirable, lower-paying, or less critical roles, hoping they quit voluntarily rather than facing direct layoffs, often disguised as "reorganization" or "redeployment" amidst economic uncertainty. It's a response to rising labor costs, creating an alternative to traditional firing. A--holes.
6 replies (most recent on top)
Quiet quitting - play their game.
Do the minimal and call it a day.
@qc you’re naive. It’s “those who can and want to are maligned by corporate greed”
Those who can, do. Those who can't, quit.
Nothing new here. I always called it being managed towards the door. Virtually all organizations with employees do this, not just TIAA.
TIAA uses reorganizations to justify actual layoffs and doesn't do it quietly or indirectly.
You’re just now realizing this?