Not long ago under Tom Moran's leadership, mofa sponsored PBS programs and ran full-page advertisements in major newspapers, cultivating an image of prestige and integrity. Today, the company’s reputation has shifted dramatically. A senior executive’s inflammatory online posts, filled with insults and profanity, starkly contrast the firm’s former image. Shockingly, the Board appears to tolerate this behavior, despite these comments being publicly accessible. A diligent reporter could, with minimal effort, uncover the name or that official making disparaging remarks about former employees—dedicated professionals who worked for decades at salaries 40% below market, drawn by promises of a secure retirement. This is not the first case of an executive whose public persona masks private contempt for current and former staff.
The executive in question is reportedly on track for a $10 million retirement package—a detail ripe for scrutiny by outlets like Bloomberg. Public online discussions reveal more candor about the company’s culture than its officially communications. The executive’s derisive tone toward former employees suggests a corporate culture that undervalues loyalty. If mofa treats its customers with the same disregard it shows its employees, not surprising why the firm is failing.
8 replies (most recent on top)
Everyone knows Goldstein makes inappropriate comments every day. That doesn’t make him a bad boss. Share facts not opinions.
HR should look into why people who work for Neal Goldstein want to leave. Maybe he’s not a good boss. I’ve heard managers don’t want to move up if it means reporting to him. He also makes weird jokes that make people uncomfortable. I don’t know why upper management doesn’t notice. Maybe they just don’t care. Some good people left or were let go. I bet more will go too.
"(yes, even under Trump)."
LOL. Who ever used this statement clearly shows they are from the left. Typical cry babies. Yes layoffs are bad for the EE but a company has a right to lay off. The company is in a declining financial situation. Left always complain but never offer any solutions. Just blame the executives. MOA is in a bad financial situation because of the very generous benefits given to the EE's in the past, better than most companies. However, i do believe the top people (including SR VP's) are compensated much too much. The compensation gap betwwen management and staff is tremendous.
The OP raises a valid point. People on this layoff board have been, well, fired from Mutual of America. All 250+ of them with NO warning. This was plotted out by Senior Executive Management, a few who are still left today. We know for a fact posters on this forum, on balance, are telling the truth about their treatment at Mutual of America. Their working conditions. This is federally protected speech under the NLRB (yes, even under Trump). We also know for a fact that there are Human Resources employees who are still employed at the firm calling the 250+ people who were fired "cowards." HR knows they are making these comments. We also know that there are former executives who were canned by the firm, on this board, trying to spin their way out of destructive narcissistic behavior which caused the company historic demise (worse than Sears or Montgomery Ward). I have heard from employees at the company that they feel like the Head of HR, Head of Compensation, Head of Operations, and other areas rarely engage with the rank and file employees. They stand to collect millions but think the minions are peons not worthy of recognition or praise for keeping the promise.
Hey Cletus, the employees DID show loyalty. The reward for that was massive, callous and heartless layoffs. Nothing funny about that.
Loyalty? Hahahahahahaha. You think the comments by former employees on TheLayoff.com show loyalty? Talk about no self-awareness. Seriously, that was really funny.
Where precisely has a senior executive made inflammatory and obscene comments?
OP you are correct about your comments about the company needing a Public Relations turnaround artist. The company up until recently gave millions away in Corporate donations, but it didn't develop an external marketing strategy. I am not sure about your other comments.
Could you give us a hint about who this Senior Executive is that might get a $10M retirement package. We don't need the name, just drop us a hint about who you think it is.