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
Topics regarding layoffs at AIG (American Intl Group Inc.)
I have heard more RIF's are coming but does anyone know when they will continue?
Inquiring minds want to know.
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
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.
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
It is unbelievable the amount of money that AIG pays each year to renew sporting contracts, when the money could go to saving employees jobs, training, etc. It’s a shocker that after spending untold millions to support the New Zealand rugby team... — read more
To clean house of all these the executive cronies
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
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
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
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.
Does anyone know if the company reimburses you for accrued PTO if you leave?
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
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.
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.....
At least it would be a fun place to work!
Anyone hear of lay offs this week 1/6/2020 for work comp
I am thinking very bad. Who has information on poor results in their division. Tell all
After less than 2 yrs, wonder why??
No wonder why coverage Counsel is being transitioned out they hardly return calls
The Board has to say that BD has failed and it is time to clean house at the top
It's so close to March and bonus season... Why leave now?
I hope everyone used good sense and did not purchase AIG stock. It is a sinking ship regardless of all the high priced talent!
Very interesting...Former employee has filed a lawsuit claiming age discrimination among other things. Will be interesting to see what happens.
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
There was an announcement today that PZ has added President to his list of titles.
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
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.
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
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.
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
If you volunteer for RIF, do you still get bonus + 1-2 weeks per year worked? How does volunteering work?