Thread regarding TIAA (TIAA-CREF) layoffs

Are the cuts done for now or not?

by
| 2591 views | | 9 replies (last January 30, 2025) | Reply
Post ID: @OP+1jjr9yb0e

9 replies (most recent on top)

They absolutely excluded the Accenture and Denver/Jax people.

by
| | Reply
Post ID: @hw+1jjr9yb0e

Survey was rigged. There is no way they had that high of a rating in senior leadership. No way. Look at Glassdoor and others showing approval ratings.

They probably excluded all of Accenture in the survey and threw Denver/Broomfield and Jacksonville’s surveys in the trash and handpicked the good ones to make it seem like they are doing a great job.

by
| | Reply
Post ID: @gt+1jjr9yb0e

TIAA has great people but its lead by bad leaders who have been making bad leadership decisions. They're bringing "Head of" and "MD"s that are clueless about what TIAA is about. Employee Engagement Survey scores came out and they're the lowest they have ever been. They keep pointing fingers at others instead of looking at themselves to recognize they are the problem

by
| | Reply
Post ID: @gq+1jjr9yb0e

Company no longer has culture. Don’t care about employees or their clients. Only the execs pay and exec bonuses matter. Been here 15 years and it’s time to go.

by
| | Reply
Post ID: @dg+1jjr9yb0e

I know yall only like griping, but the idea that no one company is like this is false. And the idea that TIAA wasn't like this before is false. Ever since "Decisions 2003", TIAA has been a company that has regular layoffs. Not always a firm-wide move done in the same day, but at least every 6 months for the past 20+ years, one team or another had a restructuring that led to 2+ people being let go.

It's not unusual for Fortune 100s or TIAA. It su-ks but that's corporate life in America.

by
| | Reply
Post ID: @d3+1jjr9yb0e

This place is a revolving door for people in leadership. The layoffs and reorgs will continue to happen.

by
| | Reply
Post ID: @bw+1jjr9yb0e

Cuts are never done. This is the new normal. There will be pockets of cuts every quarter to every year from here on out. It's unusal for TIAA but honestly not all that unusal for Fortune 500 firms in general.

by
| | Reply
Post ID: @bt+1jjr9yb0e

Never at TIAA. Every 6 month is a reorg and layoffs. I never been at company that reorgs that often.

by
| | Reply
Post ID: @bs+1jjr9yb0e

Like for today or….

by
| | Reply
Post ID: @ar+1jjr9yb0e

Post a reply

: