2.0
Aug 21, 2008
Current employee
Charlotte, NC
Recommend
CEO approval
Business Outlook
Pros
Depending on your age, TIAA-CREF automatically contributes between 10-18% of your base salary to a retirement plan after 6 months of service. The campus in Charlotte is beautifully landscaped and a relaxing place to take your lunch or break.
Cons
Layoffs. About 175 employees were laid off in Charlotte so far in August alone. Many of those former employees were key players and now there is no succession plan to fill those huge gaps that were created by the layoffs. This is not the first time that management has taken action before fully thinking about the consequences.