Thread regarding TIAA (TIAA-CREF) layoffs

Halloween Town Hall Meeting

On today's town hall meeting, our Finance guy always has his talking points. I can literally reenact and fill in the blank. Examples: The economic indicator is indicating that the economy is in a recession. We are facing [headwind/tailwind]. Our revenues, inflows are slightly [below/above] target, outflows have [increased/decreased], risk based capital is capital that is risk based [you won't understand it]. Back to the economic indicator, we're losing a sh*t-load of money. By the way, we're not filling any all open roles/job positions for 2023, and will revisit in 2024 once the indicator tells us otherwise.

Happy Halloween.

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| 1671 views | | 4 replies (last November 2, 2023) | Reply
Post ID: @OP+1pmKCAoR

4 replies (most recent on top)

Sounds like a mouthpiece for a business manager who got the numbers from people doing the actual work.

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Post ID: @2pbe+1pmKCAoR

Then T gaslighting saying the hiring freeze was so “people could enjoy their holidays”…

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Post ID: @1tyt+1pmKCAoR

Amen

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Post ID: @1jfg+1pmKCAoR

Yes but that aren’t hiring for those open roles in a thoughtful manner…so there’s that. Also how many six figure executives have been hired over the years to oversee “transformations” here? Can’t say I didn’t learn anything from this meeting because I learned we have a new one…and he’s blac obviously.

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Post ID: @1vsc+1pmKCAoR

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