Thread regarding TIAA (TIAA-CREF) 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 they don’t have to pay in a market where we got paid to build in.

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| 1622 views | | 7 replies (last August 7, 2024) | Reply
Post ID: @OP+1tSa2bMy

7 replies (most recent on top)

@1csh+1tSa2bMy umm he’s the cao. Did you read the email basically same as was said on zoom.

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Post ID: @1zed+1tSa2bMy

“Derek said”…..Finance Derek?

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Post ID: @1csh+1tSa2bMy

They are not waiting two years...please read the FAQs...clearly states Denver will be notified if there job is eliminated or if the employee will be offered a relocation package no later than July 2025, if not sooner...

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Post ID: @1irw+1tSa2bMy

@pmd+1tSa2bMy “They don’t know if they can pull it off, if they were already able to hire they wouldn’t need to wait.”

And by the time those id--ts at the top figure that out they would have lost a ton of their current experienced talent to other financial services industries or retirement with not enough training before folks left.

It’ll be like they shot themselves in both feet.

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Post ID: @hql+1tSa2bMy

Oh stop.

Signed,
Someone up there in age

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Post ID: @kjy+1tSa2bMy

what you've just said is one of the most insanely id--tic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone is now d-mber for having read it. I award you no points, and may God have mercy on your soul.

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Post ID: @wub+1tSa2bMy

Except they haven’t been able to hire the people they need at the salaries they want to pay. You make technically be correct. But they aren’t getting a cost reduction. They put the building in one of the most expensive areas in the Dallas area, which has caused us to not be able to hire well. Let be realistic there is a reason they are waiting two years and it’s not because they are being nice. They don’t know if they can pull it off, if they were already able to hire they wouldn’t need to wait.

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Post ID: @pmd+1tSa2bMy

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