so either schilling was dropped by mistake or aig reversed course because of dollars? in either event, all of you folks who thought aig was taking the high road were wrong again. this company will always sell out to the $$$. if you really feel... — read more
Topics regarding layoffs at AIG (American Intl Group Inc.)
Big hit yesterday in Staff counsel - I heard more than 30 people were RIF'd. It's time to see the writing on the wall and get out! or stay for your severance but have something lined up. You can't hitch your horse to this wagon - most of the... — read more
Anyone who watches Lucy's survey results video knew it was a sham as soon as she said the majority of employees support executive management. What a laugher.
Any word on layoffs for mms
Is there any way I can volunteer for the next round of layoffs? I got another job lined up in a few months - but that's not something I'd want to share, of course. If I could find a way to be laid off in the meantime, that'd be great for me... — read more
New year and another $20,000,000 plus to support lifestyles of the rich and famous in Bermuda. BD is quite possibly the highest paid teleprompter reader in corporate America. After 4 unproductive years, AIG can't make a profit and the stock is still... — read more
Word just came down that IT got hit hard. Almost all operations will be coming from over seas. Entire Us based teams got told they will be riffed in March. Lots of people have been here for 10+ years. AIG does not care. They do not value talent... — read more
I didn't find any changes so severance is 2 weeks pay per year of service but is the calendar year or from your anniversary date? Thank you just wondering as work load in my dept down over half from what we had 6 months ago
I hope things get better. Not sure about that but I do nope. Have some rest. Merry Christmas.
Aside from the constant hype about how much progress AIG has supposedly made, the stock is still down 40% since BD took over while the overall stock market is at all time highs. A loss ratio of 107% doesn't cut it anymore. BD and PZ can blame... — read more
If the past several rounds of layoffs taught me anything, it's that nobody is safe here. I've seen some of the best employees laid off without a second thought, I've seen people who've been here for decades and those who've been here for as little as... — read more
I’ve heard rumors that severance is changing in 2021 to one week per year of service or a set number of weeks but again I’m hearing via the rumor mill. Anyone on here in a position to know if the rumors are true (ie HR folks, privy to 2021 severance... — read more
Something is different this year. Folks aren't waiting for sti to resign. Better companies are hiring. People are giving up a bonus just to get out and we are only in December. March and April should be very interesting. Between rifs and voluntary... — read more
Someone told me this....is this correct?
Nepotism and greed tops it all...a gaping culture of power struggle, insecure leadership and floundered accountability. It's so deeply embedded that you are lost in a maze of bullies who intimidate to the point where you decide "that's enough". You... — read more
If I put in my notice and leave on 12/31/2020 will I get my 100% STI? I know it won't be paid out till March 2021 - but I want in insure my 100%. Thanks
Credit where credit is due. There are many critical posts on this site but after seeing this announcement I felt compelled to make a positive comment. Earlier this week AIG announced the creation of this fund to assist employees with hardships during... — read more
I was laid off about a year ago and haven't visited here since then. But as I just marked my anniversary of freedom from AIG, I got curious to see if things have improved any since I left. A year ago, morale was so terrible that more people were... — read more
Share any updates you may have about AIG Layoffs 2021? Any news or rumors?
New company is apparently giving new joiners a company jacket. Not the AIG blue shirts with giant logo that you'd never wear out. But a pretty nice fall jacket with a logo so discreet people wouldn't notice until you brought it up jacket (that seems... — read more
It's the hypocrisy of this organization that preaches one thing and does another, that always takes care of upper management regardless of performance, but tells workers you are lucky to get a 2% raise every 3 years. It's a bogus performance review... — read more
If there ever was a time to start searching for a new job it's now. Clean up your resumes, get that LinkedIn up and running if you don't already have it and get in touch with anybody and everybody who could be of help in any way. AIG has been going... — read more
How many here can see how much the company has changed you as an individual? I used to be this happy go lucky guy, full of optimism with a “ready to take on the world” attitude. I loved the work I did with the teams I was assigned to. But now, many... — read more
In addition to whatever they gave NAACP/EJI earlier this year, they just announced another $4.5m donation out the door. Assuming half of employees are in US, that's $225/person they could've given to employees instead. Would you rather have $225... — read more
Remember that statement?
What's the situation?
Do you get paid for pto time if you resign?
Wouldn't he be an important piece of the discussion given the major news? Probably out negotiating a buyer for the pieces after the break-up.
BD seriously said the frequency of cats had a limited impact on financial results. Only to him could almost $1 billion in cat losses in a single quarter be limited. 2020 3q profit down almost 60% from 2019 3q
I think we are done for the year
Management is locked up in multiple meetings and are not available for most daily issues. Tighten up your lederhosen (Octoberfest ref)......here comes something.
BD’s comp: 2017: $43M 2018: $19M 2019: $19M 2020: ? (est. $19M) 2021: Board salary, perks and travel. All to run the company absolutely into the ground. No profitable lines, same RIF cycle as PH, same consultant hustle and tons of... — read more
Thoughts on AIG announcing their plans to separate the line of business?
PZ will be CEO 2/1/21 L&R separation
AIG is now at $31. Is this a buying opportunity with the earning report around the corner?
AIG is shady af
Lots of companies (Microsoft, Target, Ford, others) pushed reopening dates to July 2021. Some are committing to allowing employees to work 100% remote. Any talk of this at AIG?