Thread regarding TIAA (TIAA-CREF) layoffs

We have a reason to be angry

For years the company told us how much they needed us. The company told us how much they valued us and couldn’t get by without their people. The company told us that we were the difference makers and they couldn’t do it without us. When they had to cut costs during the pandemic they were transparent and they asked us to help - and we did, with minimal involuntary attrition. We worked together to find areas to cut expenses to do what’s right for our people while still focusing on the clients’ needs.

Then along came T. And with T came the little things, changing the number of days we had to come in, being disrespectful of peoples’ schedules that they had just set around back to school by changing things every September, the gaslighting… oh the gaslighting.

Then T decided to go AWOL unless you were a rapper on Instagram. She sent her cronies out and the culture started to shift. Transparency became a thing of the past, valuing our people became a thing of the past, perks started quietly disappearing. But the two-faced love bo----g messaging became so much louder. The company loves you - (secret firings to evade WARN). The company does so much for you - (no raises unless you were an EC member). We’re the best place to work - (but we’ve been planning on selling 1400+ of you for 18 months). We value diversity and inclusion - (we’re moving to a state that hates LBGTQ+ and women’s rights).

More inconsistent messaging… We have to stop spending money - (party at Martha’s Vineyard). We have to stop wasting money - (terrible rap song for CEO’s clout). We have to stop bleeding money - (let’s get rid of out top talent and pretend like Texas is a good business decision).

We have a reason to be angry. We b served this company, we believed in this company, we believed that they cared cause for years they said they did. Until they didn’t. But they’re still rubbing it in our face everyday. How many times do we have to see some shameless self promotion from T when she is absent deadbeat boss? How many awards will they buy when we know the truth? Don’t keep telling me it’s a great place for parents when I’m losing my job because of corporate greed. Don’t tell me it’s a great place to work when I have to search for jobs everyday cause it really isn’t. It’s the callousness of the situation that angers us. It’s the job market that we are being forced out into. It’s the fact that we have to watch the company that we believed in and believed turn its back on us and leave us in the dark on our future.

I can guarantee that the people who are saying get over it aren’t losing their jobs in this job market, in this economy, while having to support their kids or loved ones, not knowing if they’ll have a job tomorrow or next week, getting rejection emails before breakfast and at lunch and while you’re in bed. The people who are tired of the whining aren’t having to sit in meetings planning for the future that they won’t be a part of. The people who are tired of hearing people express their fears aren’t the ones who might have to sell their house or cash in their retirement (for all, ha ha) in a few months so they can keep going.

We believed it. We had hope. So have some compassion because you will be next. This isn’t easy to go through every single day while the bosses keep saying to walk around smiling and collaborating.

This is too good to stay buried in the replies. Kudos to @1hst+1uNpPGw8.

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| 2011 views | | 6 replies (last November 1, 2024) | Reply
Post ID: @OP+1uUDHEfG

6 replies (most recent on top)

The original post is well said!

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Post ID: @ndzr+1uUDHEfG

Pepperidge Farms remembers

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Post ID: @8leb+1uUDHEfG

I remember the early days when people would label you a racist for speaking out and going against the grain.

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Post ID: @8nfp+1uUDHEfG

Well stated and I agree with your assessment 100%. It saddens me to think that this company has been in a downward spiral since the arrival of T and her cronies. Valuing our people is a joke, morale is non existent and the EC should realize the consequences of their actions- negative impact on our people and clients. Perhaps the EC needs update their value proposition.

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Post ID: @6lsk+1uUDHEfG

Ha, thanks! 🙏

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Post ID: @1ape+1uUDHEfG

Sorry, OP, your post is fiction. Please explain how a compassionate leader would cut expenses and repivot the org when it required headcount changes?

The fact that we had a CEO who paid people 2 years of comp to leave the org during VSP isn't a sign of a good leader. It's someone who wasted hundreds of millions of participant dollars.

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Post ID: @zze+1uUDHEfG

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