Thread regarding Wells Fargo & Co. layoffs

Anyone on the board come from TIAA or anyone went there recently?

Interviewing with them soon. Charlotte. Would appreciate any Intel. Thx in advance.

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| 1171 views | | 9 replies (last June 9, 2024) | Reply
Post ID: @OP+1sT3Cwri

9 replies (most recent on top)

OP why don’t you look outside financial services? Worries about a pay or benefits cut? Culture seems better outside of the fs field.

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Post ID: @3olv+1sT3Cwri

OP, a lot of corrupt WF managers came from US Bank, and I hear a lot of problems about US Bank. Why can't you look for a better company? If I were you, I would do some research on Glassdoor to see what employees are saying about certain companies.

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Post ID: @1tvx+1sT3Cwri

OP here … thanks all. I’ll do the interview, don’t have to take the job. Also have one lined up at US Bank, which I know has problems but from what I have heard is a better place than Wells.

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Post ID: @1txo+1sT3Cwri

I have known several people in Charlotte that have accepted roles at TIAA. First there is pure being able to escape to a local employer who pays well and does micromanage as much as WF.

But, it seems to wear off. None have lasted more than two years. The biggest complaint is constant consultant driven re-orgs. The position you accepted may be great, 6 months later the playing field has changed.

Another tactic of TIAA seems to be attracting desperate people to accept contract roles with the never fulfilled promise of full time employment.

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Post ID: @1cux+1sT3Cwri

They lay people off regularly even in a good economy. TIAA may terminate you after a week or so if they decide that your role was a mistake. And they won't care that you quit a FT job for an opportunity there. No conscience or consideration for their employees welfare. Go work there at your own risk.

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Post ID: @1byt+1sT3Cwri

It was a cesspool. TIAA is politically highly toxic just like Wells Fargo.

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Post ID: @ldz+1sT3Cwri

I was there not too long ago... Its a mess not as bad as here but it is...Like come from the sewer to the toilet...LOL If you not sure go read their posts on here

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Post ID: @pod+1sT3Cwri

The benefits were really good. They had a retirement plan and 401k match, garage parking, a health center, decent healthcare. The pay was decent too.

They were very strict about 5 days a week in the office though. Even if you had a medical appointment you had to come back that day. Their ceo has changed since then and this was before the pandemic so perhaps things changed.

Some of the groups were really political and really played favorites even though they weren’t the most qualified for promotions. That can be any company though.

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Post ID: @qap+1sT3Cwri

Great company! They went through the location strategy nonsense a few years ago but the severance packages were huge. Hopefully you aren’t applying for bank jobs, the bank is all outsourced now. The main campus in University is really nice.

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Post ID: @shy+1sT3Cwri

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