TIAA

Financial services firm TIAA has filed a WARN notice announcing it will begin laying off 31 workers from its downtown Denver office beginning Dec. 1, 2025, as it plans to exit its major Denver office building in 2026. This is described as the third round of layoffs this year, following prior rounds that cut 84 workers in April and 66 in August; after the December reductions a total of 181 workers will have been cut in 2025. The company previously notified plans to relocate 1,000 Denver workers to Frisco, Texas, and said the move will provide substantial rent and operational savings. The article notes the layoffs do not include announced reductions at the Broomfield data center in this round and places the decision in the context of high downtown office vacancies.

Financial services firm TIAA has filed a WARN notice saying it will begin laying off 84 workers from its downtown Denver office beginning July 1 as it prepares to close the office in summer 2026. The company said it will retain only client-facing roles in Denver and will also downsize its Broomfield Data Center, though the number of cuts there was not disclosed and are not part of this 84-job notice. TIAA previously notified plans to relocate about 1,000 Denver workers to Frisco, Texas, and says the move will create savings in rent and operations. The WARN letter described the downtown closure as permanent and indicated additional notices may follow for future rounds of cuts at the Broomfield facility. The company offered assistance to employees who choose not to relocate.