AIG (American Intl Group Inc.) Layoffs

Topics regarding layoffs at AIG (American Intl Group Inc.)

AIG isn’t a place where one can hope for raises

AIG typically hasn't given a raise to most employees in years. You may be an outstanding performer, but only management and senior management seem to be worthy and are given raises. The cost of living continues to increase, but not the pay for... —  read more 

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| 691 views | |
Post ID: @136rtvs7

Claims Performance Org Updatd

More appointments announced today. Wow I can't believe all the new positions and promotions for Senior Management. This means more RIF's. coming. With all the newly created positions and promotions of Senior Management, and hard to follow e-mails... —  read more 

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| 468 views | |
Post ID: @132MhYOx

AIG Earning Report on Feb 11th

They keep taking my board down. Market is at an all time high and AIG is at $51.59 down 79 cents today......... Nice Job BD and PZ.

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| 690 views | |
Post ID: @131i7txH

Carl Icahn

the farther aig travels down this path, the more I agree with carl Icahn when he said: Despite years of dismantling and selling non-core assets, AIG is still too large. The combination of life insurance and p&c insurance into a single entity... —  read more 

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| 741 views | |
Post ID: @131p8XYZ

This is no way to run a company

The way management knows how to run this company is to keep on hiring consultants and more of their buddies for a senior management position. Their solution is to keep RIFing employees and pile the work up for other employees. Yes and hire more... —  read more 

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| 389 views | |
Post ID: @130Q8MfA

Claims Engagement Group

What is going on in this group. I over heard that there are going to be changes within this group. Really? They were already down sized a few years ago. They have a new leader. They are one of the first lines of contact with our customers and brokers... —  read more 

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| 665 views | |
Post ID: @12X6Td5M

What happened to the year of the Underwriter

BD talked about this in his e-mail blasts and on Town Halls. What happened? I work in claims and over 90% of business I heard was being written was for TPA's. Is that what BD was referring to? Very sad the amount of business we retained and the... —  read more 

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| 536 views | |
Post ID: @12Xkz5TM

Another D Day coming our way. Look out Jan.23.

From what I hear, another round of RIF's is coming the week of 1/20/20. I think it's a pay week. They are going to keep those RIF's going with a small number at a time during 2020 to avoid WARN notices.

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| 1712 views | |
Post ID: @12VTwXMt

PTO

Does anyone know if the company reimburses you for accrued PTO if you leave?

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| 516 views | |
Post ID: @12VK3Rbm

Metal Fabrication Insurance

I work for a small company that has a board here - so, wanted to ask this board. Who would you recommend for Metal Fabrication Insurance, this is a new thing for us and we haven't been in this space before. Please chime in if you have any... —  read more 

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| 321 views | |
Post ID: @12TKguwn

Avoid AIG stock says Yahoo Finance

Link: https://www.yahoo.com/finance/news/avoid-aig-add-3-insurance-135601726.html No mention of the $60 Million Dollar Man or his lieutenants.

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| 389 views | |
Post ID: @12TzRdyH

Let's create another exec roll! Why not?

Head of Global Business Change Office, and we have to have a lead of Global Program Management to report to him to justify the position. WTF? More RIFs on the way to pay for these cronies.....

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| 785 views | |
Post ID: @12TSoH8T

Work comp

Anyone hear of lay offs this week 1/6/2020 for work comp

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| 1166 views | |
Post ID: @12SJxDm5

AIG stock sinking again!

I hope everyone used good sense and did not purchase AIG stock. It is a sinking ship regardless of all the high priced talent!

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| 637 views | |
Post ID: @12Exjf9c

Rudolf vs. AIG

Very interesting...Former employee has filed a lawsuit claiming age discrimination among other things. Will be interesting to see what happens.

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| 2077 views | |
Post ID: @12Dd1V7H

Thanks for the extra holiday

Extra 4 hour holiday pay, doesn't make up for a stagnant job, more responsibility, no raises with getting a "No" when inquiries if there is any classes I can take to boost my career here. Time to find a new job, where in the insurance industry... —  read more 

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| 1077 views | |
Post ID: @12CYavkc

IS BD RETIRING?

There was an announcement today that PZ has added President to his list of titles.

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| 1635 views | |
Post ID: @12zi0gJZ

AIG CHRO

With all the RIF's that have happened and have been in the works, in addition to McKinsey making recommendations, why would you need a CHRO @ AIG? More Senior Management and more created Senior Management Jobs and RIF's for the workers. It... —  read more 

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| 750 views | |
Post ID: @12z5F9Nb

Beware upward feedback

Nothing is anonymous at AIG. Anything you say will be traced to you and used against you. The managers can figure out the wording used in surveys and trace abck to you. Do not believe a word HR says, or you will regret it.

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| 1277 views | |
Post ID: @12yKxZoh

AIG Stock Price

Can someone working for this fine company (I would prefer high level management) explain why the stock price does not move. We have a CEO whose salary and bonus move but the stock price stay around $51/$54. For a to Big to Fail Company something is... —  read more 

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| 1282 views | |
Post ID: @12vo4CP4

RIF'S FOR 2020

I have heard that there are more RIF's scheduled to take place in 2020. My source didn't know what LOB are department but that more are planned.

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| 1967 views | |
Post ID: @12vrsmLI

Start looking for greener pastures......

Around 250 people got laid off on Dec/11/2019 - Wednesday. Tariq let go the entire Governance team...Still AIG is top heavy, having tons of 23, 24 & 25+. Make it lean top for AIG to survive. People who does the work are in 19, 20, 21 & 22. As per... —  read more 

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| 1235 views | |
Post ID: @12ufwdxp

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