Topics regarding layoffs at TIAA (TIAA-CREF)

Topics regarding layoffs at TIAA (TIAA-CREF)

5 days in office............get ready

Heard that an announcement is coming this week that a certain group of "low on the totem pole" employees will be required to be in the office 5 days/week. Yeah, it's the AA's. And if true, I doubt it will stop with them. That whole "hybrid is the new... — read more 

Priorities

We need to layoff 1,200 workers! Labor costs are too high. But this week in Charlotte, let’s have a “coloring contest” and “crochet lessons”!!!!! So much productivity! I’m sure this won’t be a huge waste of time and we won’t feel like we are... — read more 

TIAA Outsider

I don’t work for TIAA and I never have. The company recently posted some jobs that align with my skills and experience and I’m considering applying. However, I stumbled upon this website and I’m having second thoughts. Unfortunately, it seems the... — read more 

Today’s the Day

In the dimly lit private room of an upscale steakhouse in Charlotte, five members of the Senior Leadership Team clinked their glasses together in a silent toast. The mood was triumphant, but there was an air of quiet tension—no one wanted to be the... — read more 

Percentage of people moving from Denver to Frisco?

Does anyone have any insight as to how many people are actually moving to Frisco from Denver? I have a feeling my team and others will be badly affected and TIAA will likely drag their feet with replacements if replacements even happen. I wish I... — read more 

A major talent drain at TIAA

You have to be really obtuse to not see it happening. While longtime staff is heading for the exits, leadership layers seem to multiply. Meanwhile, the same tired "restructuring" buzzwords keep getting recycled as morale tanks. Is anyone else... — read more 

Project Gateway

I am sorry to ourTCSG associates but it looks like the writing is on the wall. Once the knowledge transfer is complete and the trust company is caught up, most of the trust positions are going to be outsourced.

Long Term Pension Plan

What did everyone’s LTPP payout for the 3 years of vesting this year? I see ~3% per year or 9% total. CDs are paying better.

Random Musings For The Greater Good

I realize that nothing will ever change as a result of anything expressed on this site. For lack of a better explanation, it primarily exists for purposes of letting off steam. And with the understanding that this site is named TIAA Layoffs, as a... — read more 

Change is hard

The Accenture people have transitioned, the initial Jacksonville and Denver date has passed and there have been spot layoffs here and there but the company is still running just fine. Maybe all the doom and gloom here is unwarranted? There is a new... — read more 

Performance scale

They’re trying so hard to mask giving out 5’s on TDOSS call. Shout out to the guy who asked lol.

TIAA Layoff Impacted Editorial Series (TIAA LIES)

We’ve seen the Faces of TIAA series where they pick some vanilla employee with a “feel good” story about how they love their job cause they have benefits and free parking or whatever. But we know that these aren’t real people with real stories... — read more 

Goal setting

What’s the point with the fabricated performance numbers for the how and what ratings?

TIAA is positioning to sell the RK business

hearing that all the cuts to staff are a strategic plan to sell the RK business and follow in the footsteps of Vanguard. cuts to areas that could have potential overlap with the new owner have been identified and is why there are cuts to seemingly... — read more 

Internal job postings

What’s the deal with the internal job postings that are titled “ THIS NOTICE IS BEING POSTED IN CONNECTION WITH THE FILING OF AN APPLICATION FOR PERMANENT ALIEN LABOR CERTIFICATION FOR THE ABOVE-STATED POSITION” ? I see quite a few of them... — read more 

Raises

Another year half the company getting no raise meanwhile EC will get 20%. How do they not act on this is beyond me.

That darn squirrel is back

Oh joy. It’s training time. We have so many trainings in too many waves. Like most don’t apply to us anyway, just a leadership CYA for everyone. I feel like we just got finished with these trainings. Why not consolidate trainings? it was a lot... — read more 

They want you to leave

If a company is instituting annoying and stupid policies, giving no raises and cr-p bonuses, it’s because they want you to leave. Yes, even you, the “top performer”. They don’t care if you leave. Your team might but your “CEO” doesn’t. They know the... — read more 

Anyone else lonely after Accenture moves?

Only been a few days with last large move. But this week has been downright unbearable and heartbreakingly gloomy seeing all the empty desks and floors where our TIAA turned Accenture colleagues used to sit at each site. Feels pointless to go... — read more 

Thoughts and fears for a 5 days RTO…

With the recent Accenture move this week, seeing how many empty desks there are across the country in person and via Zoom… they can easily make everyone go back to 5 days in the office. Which isn’t kind of scary to be honest. While this isn’t an... — read more 

Leasing out Space

Rumors that TIAA will be leasing out space in the near future in CLT! Does it have any truth to it? Also, anyone else find it interesting they moved the badge office out of CLT, and have a badge office in NY and Frisco?

D-Day (decision) for Denver/BFD

Relo offers made today then nullified and redistributed. Wonder how the number compares to JAX folks. Wonder what they can’t just keep that money and let folks be remote. Or better yet use that money to keep the office open for a few more years to... — read more 

Executive Security/Transportation

Does anyone else think it's a bit much when the EC arrives in a motorcade of black SUVs? I've had security literally brush me aside so they can walk out the front door of the office. I guess they are afraid of being mobbed? The transportation budget... — read more 

I miss Roger

Company was great under his leadership.

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