just FYI, they are not over yet. But the culture surveys show improvement?
9 replies (most recent on top)
TIAA, great place to work!
I got let go this month with a decent severance package and letting me go was the best gift the company ever gave to me after decades of working for them.
@e4 gotta love the firms definition of “client facing” because about 80% of Denver was not client facing yet had to choose relocation versus severance. Meanwhile the office is empty and they have to consolidate floors a few short months before it closes because… collaboration!?!?
Culture survey results can be jimmy-rigged.
Many of the leaders in Wealth treat people like robots. Might as well lay them all off and replace them with AI
Virtual advisors and other remote client facing people are being told to return to office or take severance.
M&C - more layoffs today, around 60 people. Sad.
This company is a pile of sh-t, letting go great, hardworking people..
Culture surveys are rigged because the organization determines the language to use in each question and the order of the questions so they do this to lead the person a certain way. It is very subtle but is legit.
AI is eventually going to take over for humans in wealth management. Humans are the moral hazard when it comes to compensation packages, incentive comp, hitting goals, getting placed on a PIP, and managed out of the organization. Why not instead have everything run by AI to make all the better decisions at a much lower cost