https://www.thinkadvisor.com/2024/08/06/tiaa-morningstar-accused-of-funneling-assets-to-proprietary-products/?amp=1
Relocation Assistance
For those of us in Denver and Jacksonville, I’m curious what the relocation packages offered will look like. Does anyone who has relocated while at TIAA have any insight what has been offered historically? *Disclaimer: I know past offers don’t... — read more
Only Denver to be impacted?
Or will there be layoffs elsewhere? Why so hush-hush? At this point everybody’s been demoralized and nobody expects nothing but layoffs.
Blatant Ageism
Derek said Frisco has a ‘fresh’ talent pool, Claire said sorry to impact all of the people with years and decades of experience in Denver. Read between the lines, getting rid of the older people that get paid too much to bring in young people who... — read more
Layoffs info
Pls post, guys. It’s all murky but it seems it's happening.
W-blower revelations reflects what TIAA turned into a while ago
I mean I don’t see why people are surprised. How you treat your employees aligns with how you do all of the other things that no one sees. Like how you take care of your clients, how trustworthy you are, how you run your business. When the company... — read more
WARN Notices?
If layoffs are happening why are not we seeing layoff WARN notices? I'd expect that we have to file those notices with the state as we are large enough to be cover by that labor law. I am not saying something is off, I am just curious about what's... — read more
https://x.com/TheLayoff/status/1820536996617671134
https://x.com/TheLayoff/status/1820536996617671134
Office Closures
Closing and relocation Jacksonville employees July 1, 2025 to Frisco. Closing and relocating Denver July 2026. No opportunities for remote. No opportunities to move Denver employees to Broomfield at this time. CEO absent from call.
Shows total lack of care for employees
after having the weekend to let this sink in and just rereading the article, I am beyond disgusted at the actions of our company leaders. Forget about the clients outside of TIAA and think about the employees. They have put thousands of jobs at risk... — read more
Slow Learners?
July 13, 2021: "Whistleblower complaint leads to $97 million dollar disgorgement to settle charges of pushing costly in-house products on retirement savers." TIAA spokesman: "We have learned some valuable lessons and have applied those lessons to... — read more
What exactly are the factual inaccuracies?
“The claims are misleading, and the article contains a number of factual inaccuracies.” - J & K For example…?
I'm done putting in much of an effort
I do the minimum I can get away with and that's it. There are days when I barely do anything. Give me one good reason why I should be doing more. I'm a firm believer in "give back as much as you get." Considering how little I've been getting from... — read more
Absentee CEO
I can’t for the life of me understand how the entire day went by with no word from our CEO. If she wanted to hide behind the keyboard and send an email that’s fine although I would’ve appreciated a companywide zoom call. but nothing. unbelievable. if... — read more
Layoffs next week?
Is this confirmed? Another ruined weekend ahead.
NBC Article
What happens next? Lets see how she will go about collecting her fake awards after this NBC article and the famous quote T loves money.
Are threads being deleted?
Not sure if I am only one noticing this. But some threads are being deleted.
Noone talking about the frisco guidebook?
Second page literally talks about relo package and transition
"Metrics" are the ineffective manager's proxy for actual results
When I was there the middle managers were like Stepford Wives in their slavish devotion to "Metrics". "Metrics" are the ineffective manager's proxy for actual results. If they can't get objective results then they make darn sure their "Metrics" look... — read more
TIAA layoff
Does anyone know when they are going to announce the closing of the Denver office? This Aug or September?
Open Letter to the Board .................
To all the Board Members - since our new CEO and her leadership have taken over, there has been a shift from being customer focused to instagram famous; Key highlights of the illustrious EC team:: Marketing - Millions to multiple agencies; brand... — read more
Honest review
Year after year I’ve seen the same job positions for TIAA, specially within the marketing department around the same time each year. A recruiter reached out to me about one of the positions recently. Are marketing individuals leaving each year or... — read more
Gone are the days of actual work
I can’t remember when was the last time that I didn’t spend 80% of my workday doing reports, following processes, having completely needless but long meetings. Company’s culture shifted towards procedures, quotas, measurements, and processes... — read more
Dropping Like Flies
So institutional has Relationships Managers and Client Services Manager dropping like flies. Who is keeping the lights on? They are literally raising their hand with a big middle finger and saying no thank you. Survey results were Sh_T too but no... — read more
CEO of the year
T talks DEI , wins CEO of the year award at Essence Fest. Thoughts?
Layoff and TIAA's 401k
Anyone know what happens to 401k if you get laid off at lets say 52 or 53 years old. I know traditionally you can rollover 401k to an IRA. But since tiaa has life time income would it make sense to keep money with tiaa and start getting paid at 59.5... — read more
Laid off recently, still looking for a job
It’s not the best job market out there. I managed to get an interview with two companies, but didn't get the job. Pay they offered was nothing to write home about. Anybody had a positive experience? I’m not yet panicking, still have some wiggle room... — read more
Pathetic
S&P finished at a new all time high today at 5633 and topic of conversations are layoffs
Do we know more about layoffs?
There are a lot of rumors circulating. Some chatter is about rather massive, across the board layoffs. I’m really scared, because I’m in a really bad spot and can’t afford to lose the job now.
More layoffs today
The EC targeted managers again, and from their email this morning it sounds like they aren’t finished. Not looking forward to the second half of this year. #savemoneyfireT
Denver Office
When are they going to communicate what is going on with the Denver office? Rumor mill is running wild with information, but nothing from corporate.
Any updates?
I have not heard anything about outsourcing or layoffs in Record Keeping Services. Maybe it's just rumors after all.
Cyber
Leadership is incompetent. Better? Someone’s feefees must be getting hurt by the other post. It doesn’t go against the content policy.
TIAA grew complacent and got passed by more innovative, cheaper competition
TIAA has no compelling products (while TIAA Traditional has its merits, the bottom line is that the market doesn't value it), poor service and a cost base that makes it non-competitive on price. It's the financial services version of IBM...was the... — read more
Warning about these websites
Keeping it brief, these websites are monitored and internally they do follow up with people who spread the rumors in real life. Watch yourself
EC members can now use private jets
Prior to June 1st 2024, the policy was: “Private aircraft may not be used for business travel.” The Executive Travel and Expense policy now has an entire section that allows all EC members to charter private aircraft, provided that: The EC member... — read more
Sinking Ship
Serious question: The markets are at its historic high, literally since the founding of this country: S&P 500 = 5,433 NASDAQ = 17,667 (new high today) With > trillion dollars AUM, we should be overwhelmed with profits How is TIAA so dysfunctional... — read more