Thread regarding TIAA (TIAA-CREF) layoffs

Same Ole, Same Ole

Barely struggled through today's "Ask the EC" call. Lots of canned answers, devoid of any real substance, addressing questions that I'm sure were hand selected specifically to avoid any semblance of controversy. Although in the current toxic atmosphere that permeates down everywhere from our so-called leadership, asking anything as insolent as why Diddy's trusted money man is still even drawing a salary here would have probably been career su----e. Or why anybody actually thinks that tanking a key hub office with a celebrated 30 year history and tons of accumulated knowledge and experience is actually in the company's best interests. But of course a lot of us are going to get shoved out the door anyway in the coming months, so why make a fuss? Right?!

And our seldom seen, seldom heard CEO in particular could not have been more condescending in her feigned empathy for everyone who's currently "struggling". If the Board does ever decide to come to their senses and clean house (the likelihood of which at this point I'm sure we're all beginning to doubt more and more), she'll no doubt have a very golden parachute to cushion her fall.

A sad state of affairs. Very sad.

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| 1961 views | | 5 replies (last October 5, 2024) | Reply
Post ID: @OP+1uNpPGw8

5 replies (most recent on top)

OP, when u find that perfect company that guarantees a job for life, pls post it here so we can all join.

And you posters who tall about how we all worked together during the pandemic have bad memories or are making things up. Roger completely mismanaged VSP. He didn't cut expenses (if you knew anything), since that "voluntary attrition" was at the price of 2 years of pay... and then we basically rehired the same roles within a year.

The guy behind that brilliant idea was suddenly "retiring" after that decision and you know-it-alls sit here saying T is wasting money and the board won't fire her?

You posters just make up stuff and have the nerve to get mad at others your made up facts.

For the people who just come for entertainment, just remember that that's all this board is. A bunch of fictitious entertainment about a company that they refer to as TIAA but doesn't match the actual real life company at all.

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Post ID: @3cuw+1uNpPGw8

To the commenters below complaining that people are expressing that they feel betrayed… go pound sand.

For years the company told us how much they needed us. The company told us how much they valued us and couldn’t get by without their people. The company told us that we were the difference makers and they couldn’t do it without us. When they had to cut costs during the pandemic they were transparent and they asked us to help - and we did, with minimal involuntary attrition. We worked together to find areas to cut expenses to do what’s right for our people while still focusing on the clients’ needs.

Then along came T. And with T came the little things, changing the number of days we had to come in, being disrespectful of peoples’ schedules that they had just set around back to school by changing things every September, the gaslighting… oh the gaslighting.

Then T decided to go AWOL unless you were a rapper on Instagram. She sent her cronies out and the culture started to shift. Transparency became a thing of the past, valuing our people became a thing of the past, perks started quietly disappearing. But the two-faced love bo----g messaging became so much louder. The company loves you - (secret firings to evade WARN). The company does so much for you - (no raises unless you were an EC member). We’re the best place to work - (but we’ve been planning on selling 1400+ of you for 18 months). We value diversity and inclusion - (we’re moving to a state that hates LBGTQ+ and women’s rights).

More inconsistent messaging… We have to stop spending money - (party at Martha’s Vineyard). We have to stop wasting money - (terrible rap song for CEO’s clout). We have to stop bleeding money - (let’s get rid of out top talent and pretend like Texas is a good business decision).

We have a reason to be angry. We b served this company, we believed in this company, we believed that they cared cause for years they said they did. Until they didn’t. But they’re still rubbing it in our face everyday. How many times do we have to see some shameless self promotion from T when she is absent deadbeat boss? How many awards will they buy when we know the truth? Don’t keep telling me it’s a great place for parents when I’m losing my job because of corporate greed. Don’t tell me it’s a great place to work when I have to search for jobs everyday cause it really isn’t. It’s the callousness of the situation that angers us. It’s the job market that we are being forced out into. It’s the fact that we have to watch the company that we believed in and believed turn its back on us and leave us in the dark on our future.

I can guarantee that the people who are saying get over it aren’t losing their jobs in this job market, in this economy, while having to support their kids or loved ones, not knowing if they’ll have a job tomorrow or next week, getting rejection emails before breakfast and at lunch and while you’re in bed. The people who are tired of the whining aren’t having to sit in meetings planning for the future that they won’t be a part of. The people who are tired of hearing people express their fears aren’t the ones who might have to sell their house or cash in their retirement (for all, ha ha) in a few months so they can keep going.

We believed it. We had hope. So have some compassion because you will be next. This isn’t easy to go through every single day while the bosses keep saying to walk around smiling and collaborating.

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Post ID: @1hst+1uNpPGw8

Yes, stop complaining about everything! It's over and done with. This is and will continue to happen within a lot of companies. It's a business! Times are changing! A.I. is happening!. Stop giving the Accenture rep a hard time. He's there to represent Accenture not TIAA. Take the offer or move on!!!!!!

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Post ID: @1obb+1uNpPGw8

Feel your feels, but stop whining about business decisions. It’s not personal and nobody understands why people in Denver expect special treatment. Those of you who keep droning on with this are just giving everybody else a bad name. What astonishes me is how TIAA keeps trying to respond to all of your endless whining - and you just whine more! How about you actually do your job and make plans for your future, whatever that looks like. Life isn’t always fair or fun but that is part of adulting.

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Post ID: @1bfr+1uNpPGw8

I understand some are still in their feelings.... what are you going to do. They give options. Take it or leave it your choice. Accenture is a totally different business than TIAA. They handled business totally there way. Be angry at TIAA!!! At this point just be thankful we have a salary for at least 2 years... hopefully and stop asking the same darn questions about bonuses, retention etc. Give it up or move on!

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Post ID: @wqn+1uNpPGw8

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