Topics regarding layoffs at Mutual of America Life

Topics regarding layoffs at Mutual of America Life

Accenture Updates

Many at TIAA-CREF who are familiar with the deal that they inked with Accenture a couple of yrs ago, are stating things are not going One TIAA commentator says quote: ** “There was no legitimate transformative purpose, except to hire more offshore... — read more 


If You Thought the Transition To FIS Went Bad, You Ain't Seen Nothing Yet.

Read the GAO Report on Accenture's botched takeover of the Thrift Savings Plan (TSP). GAO-24-106319. Everything in it is a page right out of the transition to FIS. Except then, we had iron clad procedures in place & they were all working before... — read more 


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| no views yet | | 9 replies (last 6 days ago)
Post ID: @OP+1ktzcwh9k

Fitch Revises Mutual of America's Outlook to Stable; Affirms Rating at BBB+

https://www.fitchratings.com/entity/mutual-of-america-life-insurance-company-80091235 Rating Action Commentary Fitch Revises Mutual of America's Outlook to Stable; Affirms IFS Rating at 'BBB+' Fri 12 Jun, 2026 - 9:49 AM ET Fitch Ratings - New... — read more 


DONT MAKE THIS TRANSITION EASY FOR THEM

Time to relax, take your PTO, call in sick, miss deadlines, train improperly, waste time, create meaningless meetings, have fun with your team while you still can. Mutual didn’t care for us, why should we care?


Truspire sale to Malibu

Did this receive regulatory approval & did MoA get paid the $45M yet ? Is this money going toward the P&L in 2026 ? How much did the firm lose in the whole Landmark debacle ? -$25M ?


Mutual of America Funds Have Tanked

Morningstar Rankings of MoA Funds through June 7. The higher the percentile rank, the worse the performance. That redesigned Capital Managment landing page will no doubt propel these funds to new higher rankings Fund ... — read more 


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| no views yet | | 3 replies (last 14 days ago)
Post ID: @OP+1ktn203mv

Scott Pelley Out !

long time veteran journalist Scott Pelley has been fired by a set of incompetent baffoons at CBS. The ? is now: which institution will last longer: 60 Minutes, Mutual of America, or the Titanic ?


COO News

Ever since he got a promotion to Executive Vice President, he has withdrawn. Not as prominent. He looks over the CFO's shoulder constantly. He is under qualified and out of his league. He enjoys slashing revenue on plan pricing and can't seem to make... — read more 


As Clients, We HATE Mutual of America

we are a non profit and have 403b plan & we want to move it to Ascenus & we are being told we can't do it. our advisor and lawyer said your company can't hold this up and we are are exploring options. has anyone encounted this ? we are approaching... — read more 


Capital Management Performance Review--time for PIPs

Capital Management is off to a horrendous 2026. Time for several PIPs for Fund Managers and Analysts. Time to eliminate quarterly unfair bonuses and time to clean house. Morningstar Percentile Rankings 3/31/26 Name | Total Return Rank in... — read more 


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| no views yet | | 1 reply (April 28)
Post ID: @OP+1kq8ne8w7

Fitch Ratings

LONG TERM INSURER FINANCIAL STRENGTH DATE : 14-Apr-2026 Fitch Ratings: BBB (negative outlook) Fitch has issued a No Action for Mutual of America as of 4/14. Still BBB w/negative outlook. just above junk bond status. negative outflows, management... — read more 


Financial Results Through 3/31

What is the whisper number for profit or loss at 3/31 ? The word on the street is that we lost $5M+ in Q1. Capital Management under performed with the bond portfolios & not enough rolled into MoA funds. flows out still pacing flows in. IT costs are... — read more 


Rough Start for Capital Management

Tough Rough Horrible start for the highly overpaid Cap Man C-Suite +Poor picks and bad positioning +Through 3/31, Morningstar percentile ranks + The higher the number, the worse the relative performance. Will anyone be held accountable... — read more 


Typo

there is a typo in the new broschures/prospectus. someone spelled Yamato Road. YOMOTO road. Like YOKO ONO. Fedex wont deliver to a YOMOTO Rd. Check it out.


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| 12 views | | 9 replies (last April 15)
Post ID: @OP+1kn3dss2k

Data Breach

On November 29, 2025, MOA became aware of suspicious activity within its systems. MOA immediately launched an investigation with third party specialists to confirm the nature and scope of the activity The investigation determined that certain files... — read more 


Board Changes

Paula Price and General Reimer are off the Board of Directors and Christopher Quick (from Capital Management Board) is now on the Board. Not sure of the significance. I have not seen a press release to explain. I never met Ms, Price, but the... — read more 


Retiring

Over the past year, I have made dozens of posts on The Layoff with ways our company needs to improve. Even though there has been some progress, it is not enough. Disastrous decisions have caused me my retiree health care and froze my pension. I’ve... — read more 


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| 12 views | | 13 replies (last 2 days ago)
Post ID: @OP+1km9ae806

fearless leader

hows the ex vp in boca treating all ya'll since moving over to Tamato-Yamato Rd ? I'm hearing there is some booze in the office this week


Board Pay

i asked a question about board pay and influence the other day & all questions are dodged by executive management. Why is it such a secret to no to disclose board pay. The CEO came in wanting to be transparent but he dodged my question. That is not... — read more 


Promotions

lots of eye rolling w/the promotions. Some real weak people getting the nod. Real headscratchers. Many who most definitely deserved a bump did not get one. Time to focus on lower level staff. Many in call center, wpc, ops derserve nods but were... — read more 


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