Let's cut to the chase. TIAA is making moves, not out of strength, but because we have to – to keep up with competition and maintain relevance. Our mission to deliver lifetime income to millions of Americans is still the goal, but since we haven’t... — read more
TIAA Stands For
I discovered long ago what TIAA stands for Terrible In All Aspects
This transition is exciting, but be empathetic WTF!?!??
I feel dirty after this call. We are muted, comments are muted, not questions are asked, more importantly our “leader” T, is no where to be found. Imagine that… Such BS… Skill yourself up, be ready as these people WILL do this again.
It's not so easy to find a new job
I've been attempting to leave for the past ten months. I got plenty of offers in that period, but none matched my current pay. If the difference was not significant I wouldn't mind that much, but the best offer was 20 percent below what I make now... — read more
Whole drama is actually ridiculous
Contrary to leadership we all are grown up people. We can deal with crises. They apparently are not. They need drama. Drama and secrecy have all kinds of beneficial effects for incompetent people who are also not very brave or are ready to take high... — read more
Good job ERIC SCOTTY and ElHAM
You guys just talk, we did all hard work, now you guys are staying just because of our hard work. Simply you guys sold us, you won’t be happy in long run. Not sure about over hyped Geetha.
List Is out on workday
Go to workday profile then overview option then organisation and if you see 9 items. Open list having custom in name. This is list of employees going to Accenture. If you don't see this then either you are PL or retained.
When Does a Conspiracy Theory Become a Conspiracy?
I realize a lot of us are nervous right now, and, frankly, with good reason based on the rumors circulating at all of TIAA's locations. So what do we know: in truth? Not much! But we can take a look at patterns and see a very interesting one... — read more
Thank You
As we deal with this and wait for our fate, I would like to send a huge Thank You to the anonymous kind soul who took time and risk to keep people updated here all this time. You updating us here have definitely made dealing with this easier... — read more
Let's be frank
TIAA has become an unbearable place to work and the overwhelming majority of its employees are looking for a way out as a result. I know the leadership loves attrition as a cheap way to get rid of people, but I think we're at the point where so many... — read more
Consultancies are overpaid leeches
Their only role is to serve as a well paid cover for ruining livelihoods and extracting what cash is left in companies
How can we retaliate?
I believe we should respond in some way. Shastri, his team, and the board who approved this need to understand the impact of their decisions. We’re not commodities to be traded at will. This feels like being auctioned off to a new master in a slave... — read more
Additional Whistleblowers Coming Forward?
Two different people, from two different locations, advised they have heard that there are several more whistleblowers prepared to come forward detailing how TIAA has violated contractual agreements with institutions by allowing offshore processing... — read more
Tiaa india RMDCT impacted
This impacts India RMDCT and around 90% staff will move to Accenture with conditions mentioned like sign the new offer or leave. No impact on current salary but will be facing risk of layoffs from Accenture mainly seniors. Accenture has committed... — read more
Your value to the company has been defined and the definition does not include value
Now hearing this layoff/reallocation of employees will impact Denver, Charlotte, New Jersey, where most employees will become contract workers for Accenture. As the poster above mentioned, there will be 2 options for this group, take the job with the... — read more
Marketing Strikes Again
Yesterday TIAA put out an email that depicts an off-ramp sign to Happiness that says Exit Here and they couldn’t be more right. Rumor on the street is that tomorrow’s ad depicts a sinking ship named the USS TBD. Next week, they start a series of... — read more
Subscriber Inequality
As part of our People Promise to promote open and transparent communication, we’re taking steps to address an important issue: Subscriber Inequality. Currently, only a small portion of the company’s employees—just a few hundred—are subscribed to the... — read more
In addition to the relo, around 700 layoffs are coming in September
In addition to the relocation options, people need to read the severance guidelines very closely, not base decision on what they are told. In addition to the relocation, there are going to be around 700 layoffs coming in September. In some... — read more
Communications Announcement
To: All Employees Subject: Authorized Use of the Phrase “Strengthening How We Operate” Dear Employees, As part of our ongoing efforts to foster an environment of flexibility and adaptability, we are pleased to announce that the phrase... — read more
Time it takes T to make a statement
Over 2.5 months (-160) Under 2.5 months (+110) *Not financial advice
Denver/Broomfield Associates: Location Strategy Connect & Clarify Session Thread
Does anyone actually think we’ll get any new info today? (this thread does not have any moderators)
What if one doesn’t want to relocate?
How will that work?
CEO
When will T leave?
Marketing Roles Only in Frisco TX
Former TIAA here. I was laid off when Micky made her first massive reorg back in 2022. That said, 2 new marketing roles were posted to the career site. I submitted my application. Today, a recruiter contacted me and said the following: Thank... — read more
Operations
Do anyone know if Operations is on the "chopping block" of being outsourced or giving severance packages soon?
TIAA Update
TIAA was actually able to hire another fading 90s hip hop celebrity to help navigate this difficult time. Here is a portion of the soon to be released guide the helped create: “Now let me holler at ya partner, sp-t this game Bring your ear for a... — read more
Detailed portrait of a company in crises on multiple fronts
Relocation is tough under any circumstance. The only time it makes sense (In my opinion) is when it advances your career in a strong and growing company that has made some sort of commitment to you and your career path. That's the only time it... — read more
Why are we always expected to "do more with less?"
And more importantly, why do we keep complying and allowing them to add more work to our plates for no extra compensation? I do this as well so I know I'm part of the problem. I'm just getting so, so tired of it. TIAA leadership is taking advantage... — read more
Retirement plan to be cut
Title says it all
“Location Strategy Updates” Article Removed from Intranet
“I felt a great disturbance in the Force. As if millions (more like a thousand) of voices suddenly cried out in te---r and were suddenly silenced.”
Profits over people.
Look no further than the TIAA Location Strategy FAQs to see how much the company doesn’t give a sh-t about you. It states that they are closing Denver to accelerate reaching their goal of adding roles to Frisco to receive financial incentives. It... — read more
Lack of respect!
TIAA CEO Duckett: What a coward! In lieu of the recent announcement that TIAA will be closing down its Denver Operations Center; as long time Denver employees we felt the need to express our feelings in regards to the blatant lack of leadership and... — read more
How many of you would accept a relocation package?
In this day and age, when there’s no job security whatsoever, I wouldn’t. I have to upset my whole life and the life of my family to relocate, then probably lose the job anyway soon afterward? I don’t think so. On the other hand, relocation strategy... — read more
Seems like we’ve got their attention.
Just overhead an EC member talking about this site. If only we could get board members reading it too.
OCOO heads are spinning right now
Schedule an all hands meetings yesterday afternoon then cancel it one hour before it’s scheduled to start because “there has been a lot for our teams to absorb”. So “take some time to process” everything and how about we have a town hall next month... — read more
Well, the whole world now knows
https://www.denver7.com/news/front-range/denver/tiaa-closing-denver-operations-center-putting-1-000-jobs-at-risk-amid-move-to-frisco-texas DENVER — TIAA, one of the nation’s largest financial firms, informed its employees Tuesday morning that it is... — read more