Topics regarding layoffs at TIAA (TIAA-CREF)

Topics regarding layoffs at TIAA (TIAA-CREF)

November layoffs

How does November look regarding layoffs? Has there been any chatter or rumors I've missed?

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| 380 views | | no replies yet
Post ID: @OP+1vgG7pT6

CNBC Article: Coffee and T

So I came across an MSN article: Making "Coffee and T" a recurring meeting on her calendar has helped Duckett create a culture where employees feel "heard without judgment," she wrote on LinkedIn. what a bunch of horsesh-t!! Title, “ Fortune 500 CEO... — read more 

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| 830 views | | 3 replies (last November 1, 2024)
Post ID: @OP+1vgZ63RH

No work-life balance

This wasn’t always an issue, but it’s become a real struggle lately. People keep finding better jobs and leaving, which means the rest of us on the team are stuck taking on their work. For some reason, they’re not backfilling any of those positions... — read more 

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| 650 views | | 1 reply (October 30, 2024)
Post ID: @OP+1vfNmtwu

LR&C Layoffs?

Legal, risk and compliance planning more layoffs? Seems odd to accelerate self evals relative to enterprise deadline, especially with rumors of mandated budget cuts from the top.

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| 1220 views | | 3 replies (last October 30, 2024)
Post ID: @OP+1v9BFJcd

Venting about M&C org

Micky's Team Update email Why even try? The only people who get ahead in this org are cronies who mismanage their teams. But they impress Micky.

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| 990 views | | 5 replies (last October 30, 2024)
Post ID: @OP+1v9y9Q4t

More layoffs coming?

I’ve heard suspicions of more layoffs coming before the end of the year, but nothing factual. Has anyone heard otherwise?

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| 1370 views | | 3 replies (last October 30, 2024)
Post ID: @OP+1v9SnpLx

We have a reason to be angry

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... — read more 

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| 2010 views | | 6 replies (last November 1, 2024)
Post ID: @OP+1uUDHEfG

How did 2 years to close Denver become 6 months?

After the notification in August came out that they were closing the Jacksonville office in July 2025 and closing Denver in July of 2026, my manager and their manager sat down and said "we wanted to give plenty of time notice for the employees...blah... — read more 

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| 2150 views | | 9 replies (last October 14, 2024)
Post ID: @OP+1uTGHZBC

Transition

Now slowly we are realizing , this partnership is not good for us. Many of us losing the license, downgrading our band level. When you will be redeployed it's not just re-skilling, you would interviewed again Accenture internal team as new Clients.

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| 1310 views | | 4 replies (last November 14, 2024)
Post ID: @OP+1uOa8MeA

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... — read more 

Not looking great for Accenture employees.

“In October 2023, Accenture communicated to its employees in India and Sri Lanka that there would be no salary hikes for the fiscal year 2023 due to adverse macroeconomic factors.” “Accenture Plc, the global consulting and technology giant, is set... — read more 

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| 1220 views | | 1 reply (September 28, 2024)
Post ID: @OP+1uIOK9Xx

Writing has been on the wall for a while

After offloading people to Accenture, there will be more layoffs coming. More importantly, there will be many new subtle ways to make you quit. I know it’s hard for long-time employees to accept it, but TIAA is no longer that company they started... — read more 

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| 2920 views | | 7 replies (last September 27, 2024)
Post ID: @OP+1uBSBelU

Acknowledge Letter

The letter says to employees can move to internal positions before they sign the Accenture offer letter or they can if they don’t sign the offer letter before they are terminated. But the fact is there is no internal position and nobody will give any... — read more 

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| 1420 views | | 6 replies (last September 21, 2024)
Post ID: @OP+1uALmbOJ

The new measuring whip

Take a closer look at the new performance scale. There are now two “underperforming” categories, but only one over-performing category. The “Leading” category is now the average. Don’t be fooled by the naming-scheme for the second category... — read more 

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| 1600 views | | 7 replies (last September 20, 2024)
Post ID: @OP+1uAHHjqV

The CAO must resign or be fired

After seeing the indictments against P Diddy going back 15 years, the CAO must resign or be terminated. Given the depth and breadth of what’s in the indictments, it is impossible for me to believe that he didn’t have at least some knowledge of what... — read more 

TIAA Times: TIAA’s inclusion in TIME’s list of World’s Best Companies for 2024. BIGGEST JOKE of 2024!!!

Seriously?? Best places? Maybe under Roger. Not now. This must be another made up prize or award like our Temu of CEOs, keeps getting. Let’s close down Denver, an IMPORTANT hub, risk all our talent there. And also let’s get rid of 1500e employees... — read more 

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| 1600 views | | 8 replies (last September 14, 2024)
Post ID: @OP+1uuvTEMR

Salary Decrease

I'm sure a lot of us are wondering (I heard its true) after 2 years at Accenture, our salaries will drastically decreased to match Acc level? If so, will it be mentioned in the offer.

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| 1610 views | | 7 replies (last September 18, 2024)
Post ID: @OP+1uthsTwo

Start looking

Just dropping this here: It’s always easier to find a new job when you're already employed. Not saying it's impossible otherwise, but having a job definitely gives you an edge. Something to keep in mind with ever-looming layoffs, firings, and other... — read more 

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| 1240 views | | 2 replies (last September 12, 2024)
Post ID: @OP+1usVUYAY

September 10 Town Hall

this board’s been pretty quiet lately so I’m gonna put this out there. Anyone hear of any big announcements coming at the Townhall? I’m hearing a four-day work week. Anyone? anyone? Let’s get the gossip mills churning again. I live for this. — read more 

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| 3270 views | | 15 replies (last September 12, 2024)
Post ID: @OP+1urB9AFj

Bloat at the top

While they’re busy slashing jobs at the manager and director levels has anyone been paying attention to the fact that T dramatically expanded the EC and each EC person then hires a CAO or chief of staff, their own HR Business Partner, their own... — read more 

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| 1990 views | | 5 replies (last January 4, 2025)
Post ID: @OP+1um2MBHj

Accenture Bands are low compared to TIAA

As per the townhall, if you are in TIAA 9 Band you will be mapped to Accenture 8 band that means Associate Manager and if you are TIAA 8 band you will mapped to Accenture 9 band that means consultant. I am not sure how many of you know, as per our... — read more 

TIAA veteran here

Run for your lives. This isn’t a shadow of a company I once worked for. I am, personally, just trying to bridge over, if possible, to retirement. The rest of you, just go look for good jobs and career options. This isn’t either. Work on your skills... — read more 

Just a reminder

If you are being shoveled over to Accenture, start looking for another job now.

People are not happy

I'm yet to speak to somebody who's not already looking for a new job. This latest move has been the breaking point for so many, myself included. Not that TIAA higher-ups will give a damn when it happens, but I foresee a major brain drain in the... — read more 

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| 2690 views | | 7 replies (last September 1, 2024)
Post ID: @OP+1uexFq9C

Salaries etc

Will the associates moving to this new company keep their TIAA salaries? I heard this new company doesn't have a retirement plan.... scary

Why Individual Contributors Are punished

Normally Directors and Managers are responsible if company is not doing well. Because they engage in all strategic discussions and decisions. They don’t even allow us to speak to business or leadership. In this company how they are safe enjoying... — read more 

Truth Serum Bingo, coming soon to a Social Thursday near you.

Truth serum, truth serum, truth serum. Northstar, Northstar, Northstar. Strategic partnership, Strategic Partnership, Strategic Partnership. The only thing missing was everyone's favorite........Otis & Rosie. Good grief. For the next All... — read more 

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| 1860 views | | 9 replies (last August 28, 2024)
Post ID: @OP+1udglW8M

Jesus take the wheel

I just wrapped up my FOURTH call of the day. The same BS over and over. By the last call SD looked like he wasn’t even buying it anymore. Or maybe he was just annoyed that there were 6 people in the room. 4 of them were speakers.

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| 910 views | | 1 reply (September 3, 2024)
Post ID: @OP+1udET79Z

Not me applying for other jobs during these meetings...

Listening to the buzzwords and damage control that the EC is trying to do, lawd. This whole thing feels like a joke and a slap in the face. My advice, update your resume, leverage your network, and stop looking for jobs on indeed and linkedIn. Check... — read more 

T's Hypocrisy

Is anyone else having trouble reconciling T's stated love and support of working class individuals and emphasis on how they should be taken care of and respected and given the opportunity to retire comfortably with the fact that she's booting a... — read more 

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