Northwestern Mutual Layoffs

Topics regarding layoffs at Northwestern Mutual

NYC hot tub?

Got a peek at the new New York office plans and apparently they're thinking about installing a hot tub? Our pensions are getting slashed and these startup kids need the 'necessities' just to do their 'job'? This company used to be somewhere you... —  read more 

More LAYOFFS 2021

More layoffs are coming in 2021. On top of the forced early retirements because NM will no longer provide retiree health benefits. Way to be loyal to long term employees NM!!

Fire Schlifske

Schlifske is ruining NM with his poor leadership. Failed with Learnvest purchase, millions spent to get knowledge of online investment company. They realized it was not helpful and a costly mistake. Most CEO would be fired for wasting millions... —  read more 

More layoffs 2020

The reason for mass layoffs in 2017 was due to low interest rates, so schlifske said. I imagine more coming in 2020 or 2021 if this still holds true? This coupled with people not having the money to invest in insurance should make for a interesting... —  read more 

What is Northstar?

Does anyone at NM even know what the Northstar is? The guy that talks and acts like he is Sean Connery mentions it all the time but I have yet to find someone that can actually tell me.

So long Karl

Finally the company and the IT department in particular can begin to move forward without the darkness of Karl looming over. NM is still similar to Boeing in the sense that they still have their 737 Max (ahem LearnVest) that they are trying to make... —  read more 

Dividend Deathspiral Congratulations NM you now have the lowest dividend rate out of the big 10. Scroll to the chart at the bottom to see the 10 year decline and how NM... —  read more 

Should have kept LV

Instead, all the mouth breathers in MKE with no idea how to actually drive the company continue to make decisions that will drive this company into the ground. Schlifske has no idea what he’s doing, and they need to get this dinosaur Managing... —  read more 

Culture Change

I was on the downtown NM campus yesterday. Far fewer people with grey hair as many have previously posted. I was taken aback by a women whose hair was half pink. But what really appalled me was that same woman wearing a midriff top. Really, I... —  read more 

Can’t force the best employees out the door and then expect the company to function a peak performance

You’d think anyone with half a brain would realize you can’t force the best employees out the door and then expect the company to function a peak performance. Schlifske and the board clearly don’t understand the importance intellectual capital within... —  read more 

Forced Retirement

What do you think about being forced into retirement due to ageism, signing a legal severance document & then receiving a card from Schlifske stating 'Congratulations on you Retirement'? You would think that anyone with a half a brain could see how... —  read more 

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Post ID: @OP+11qrheg4

the next group of clowns to go

trusted group from bridge water associates were given millions to build a new investment platform so far nothing delivered except broken promises to the field and the cover up has begun bridgewatergate

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Post ID: @OP+11k8CYuR

Another NM Leadership Change

When will the Milwaukee Journal actually do some investigative reporting? Another leadership change at NM...aren't people starting to wonder? And, no mention of additional layoff's. Were there any employee's let go as a result but hidden by this... —  read more 

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Post ID: @OP+11eDh8DE

Laid off

Yes, the age discrimination is real. I was laid off in late 2017 and saw it since the announcements were made, and continue to see it. I even had a case going in HR on my situation where I was daily experiencing age discrimination (I was just over... —  read more 

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Post ID: @OP+ZLfmglN

Schlifske’s problem

Schlifske has invested his whole legacy on the new planning experience being the cure-all for the fact that permanent life insurance is a dinosaur product. The company needs a major shakeup. The most insular head in the sand company I ever... —  read more 

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Post ID: @OP+ZK9s4cA

Northwestern NY Office new Joiner

I am planning to join NM as a Senior Software Engineer in next 2 weeks and got to know a lot of strange things about internal politics/layoffs and instability. Is it really not safe to join NM NY at this point in Tech area?

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Post ID: @OP+ZkBR7Uq

New layoffs today

Another round today in Product. Word is starting to filter out. Employees, contractors and finally shutting down the AZ office. It will never end. It's a lost cause.

A new NY office?

I hear that they are finalizing a new NY office space to replace the current one. From what I was told they want enough space for about 500 people? Isn't that much larger than the current NY office? Are they buying a building or leasing space? I... —  read more 

NY office not going away?

Yeah, the people who just promoted a bunch of NYers to SVP and EVP, in addition to funding hundreds of millions for a new office in Manhattan next year are showing all signs they’re done in NY. I’m not a fan of the NY office, but you have to have... —  read more 

NM is a joke in Milwaukee

NM is a joke in Milwaukee. No one in their right mind would go to work there anymore. They pretend to be an investment co. but they can't get their act together. All of the flowery language about 'planning' is old news. The idea isn't new & their... —  read more 

Unprofessional and sad

Over 1,400 employees have been shown the door due to mismanagement by John Schlifske. NM is a joke in Milwaukee. They clearly lost focus the they are an INSURANCE COMPANY! Not the bright new shiny object in the room. Talk to one of the so-called... —  read more 

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Post ID: @OP+XbdXKXO

What happened to NM Home Office?

Years ago it was a highly desired place to work. Not anymore. I was a manager at NM many years ago. When a performance issue on my team needed resolution (i.e. firing) I had to jump through hoops. At that time all employee firings needed the company... —  read more 

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Post ID: @OP+WIQ7fQj

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