We can complain about layoffs, but it minimizes the threat of layoffs that is on again off again…and re-orgs. This is the 4-5th this year. Not to mention in BAU times the people team berates you about getting swipes in, attending culture meetings and completing your training. No one is actually doing any work, it’s all status reports.
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"Attending culture meetings". Wow. Sounds like North Viet Nam circa 1973. What ever happened to just performing as a business so that customers and employees want to stay there? All the focus on superfluous bullcrud is an admission by the Executive team that either A) They don't know how to actually run the business or what to focus on or B) It's a lost cause and they're just riding the TIAA executive gravy train until they get forced off.
SMEs should take their expertise and bail — noticed default experts needed at TIAA to support their desperate attempt to shove people into traditional fund via garbage products where SMEs were off boarded for products stooges whose experience is building literal widgets. Leaderships ignorant philosophy that anyone can do the job without knowledge of finance industry will be the blame for TIAA failure.
MO and TBD are threatened by those SMEs. That’s why they eliminate them and replace with their own stooges. See how that is going. What they’re doing with layoffs is sick. I don’t see Thasunda or EC taking a pay cut. Why don’t they lose their jobs? They’re the ones making mistakes.
Good analogy of how TIAA is treating employees. This would have NEVER happened if Roger were still leadership; he knew how to lead a business with emotional intelligence.
Plus the amount of SME walking out the door is astounding…. But MO and TBD. Oiled care less than less
So spot on