2nd year of Trumps Term. Market has to flex. A 20% market drop would mean how many layoffs at Mutual of America Financial Group by November 2026 ? I say 50 more.
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The company traditionally experiences a certain amount of employees leaving in April, right after bonuses are paid in March. With the bonus being paid a month sooner, my guess is they moved that timeline up to have those that want to leave, leave sooner to save the cost sooner. With the state of moral, the loss of benefits, and everything else that has been going on, the company is probably expecting more to leave than normal. With this in mind, it’s highly unlikely the Company will not have to layoff until more AUM leaves and revenue drops even further. Just my opinion.
Let's see what the Rating agencies say in about 2 months about the long term viability of the company. Time to dust off your resume friends. I know one place that is not hiring and that is the Trump administration.
In my opinion, I don’t see the company making that much longer. All signs point to selling the company off to another buyer.