Just got word that due to expenses there in the claim department there will be no reimbursement for holiday lunches/dinners this year. How are we supposed to keep morale at any level above the toilet under these conditions...Unreal!
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Topics regarding layoffs at AIG (American Intl Group Inc.)
AIG in talks for up to 200K sf at 1271 Sixth Asking rents in the building run between $90 and $125 psf https://therealdeal.com/2018/11/28/aig-in-talks-for-up-to-200k-sf-at-1271-sixth/
Being unemployed, can someone tell me how the above will improve the company, stock price and overall position of employees. I have been to Bermuda and it is very expensive. I am sure they will have several High Level employees for several days... read more
What’s the story with layoffs this week? I’m most interested in claims adjusters, managers and lawyers in NYC but Id also like to hear what’s going on in Olathe and Alpharetta.
AIG has learned to stay under the radar but not doing RIF all at once. I am a 20 plus year veteran and they will continue mid 2019 I am told. No unit is safe from RIF's AIG is not writing many business as they did before. Also with the extensive... read more
No unit is safe this time around. Payday is November 30th and so are the layoffs coming Friday AM. Schedules have been rearranged to accommodate the in- person and over the phone layoffs. Managers are expected to assume the duties of the departed... read more
Look I hate to post this as is it a small unit but I just can’t get any straight information anywhere. Bottom line I’m somewhere in the middle. Have not been here forever. No major severance package waiting for me. I have to work. The SIU unit has... read more
Is it true we'll see more layoffs this year? I've been hearing from a few coworkers on that possibility, but there's been nothing concrete, just speculation. I think it would be really cruel to lay people off so close to Christmas, but this is AIG so... read more
Does anyone have any updates on blackboard? Are they seeing any revenue yet? Have they had any layoffs?
Just wondering if anyone know's about possible layoffs for AIGRM?
Job market is good now. I got RIF'd and found an even better job / pay. YOU CAN DO IT TOO. Hang in there, tap your contacts/network and keep records. There are other companies who value experienced workers for what they bring to the table that a... read more
Former AIG Employees Win UK Court Ruling over $100M in Back Bonuses Source: Case no. CL-2014-000921 in High Court of Justice, Queen’s Bench Division Will heads roll in the AIG Financial Products group?
Check this out: https://www.aig.com/about-us/awards-and-recognition I guess the person updating this page was let go. There are no entries since Feb 2018. LMAO...
So the head of Construction underwriting was Riffed. So I guess we’re done writing that now?
This article states labor market is tight lotssa jobs and very few ppl. Comments? https://www.wsj.com/articles/youre-hired-no-we-dont-need-to-meet-you-first-1542298757
People don’t share information. People don’t see a reason to give information out if it is to someone not in their tiny little in group. People joke about taking people to lunch just so they can get a little help. That’s insane. We’re in the same... read more
Has anyone here taken advantage of their post-layoff outside career counseling offer? I admittedly walked out pretty p.o.'d but I'm heading toward the cutoff point of using them, if only for a professional re-do of my resume. Being one of the... read more
I got cut from AIG few months ago. If you are technologist from FW, retrain in on demand technologies like cloud/security using severance period rather than taking a vacation. Unless you are in 50's (ageism impact) market is very hot in DFW area . I... read more
Layoffs will continue well into 2019. AIG continues to think reducing headcount will help the bottom line when it is in fact a smokescreen for the fact the leadership does not know how to generate profits and write risk effectively...
The entire department was let go. They will work till 12.14 and some up till 1.1.19 Ship is going down
Anyone have more complete details as to teams impacted today and upcoming? I know of many in Fort Worth and some in Jersey. What I know is that many today were good people who bled AIG, worked numerous hours above and beyond the norm. I hope all of... read more
Apparently, SEC was not satisfied with AIG's 2017 annual filing and wants it to add information about reinsurance that it received from a deal with Berkshire Hathaway Inc. Although nothing concrete has been stated about the matter either by AIG... read more
There is several different rumors regarding layoffs in Philippines in January 2019. I havent seen them here on thelayoff but I've heard about this in the office.
Been hearing something about tomorrow, but I'm hoping nothing comes of it. Any news on it here?
Hi All, Hows the Business unit L&R doing? Are there any layoffs expected at L&R? I hear that this unit is doing better... so I m not sure whether this will be impacted or not? Can other unit's performance degradation impact healthy business units?
This past week was the first pay week where no RIFs were felt by the location that I am aware of. Soon it will be down to 4 or 5 people left at the data center.
Will continue per the town hall today put in a round about way. Heard of one layoff today in NY. Not sure which department though.
I don't agree with the people bashing stockholders. If you're not too rich to care about your STI, why would stockholders be too rich to care about how much their stock is worth? I own funds (probably most people do) with AIG as part of the market... read more
Any news on layoffs for healthdirect and mms. Really not hearing much but can't imagine MMS won't get big hit.
has there been any layoffs this week?
Make a prediction and tell us what you think about AIG Layoffs in 2019 -- Thoughts??
This is something that was expected and needed to be done in order to operate more effectively in Europe. Just hope that this division and reorganization in Europe isn’t going to be followed by reorgs on a personal level in the UK. That is definitely... read more
Earning come out on the 31st the AIG already said it will be bad. Last quarter was -1.21 per share. Who can guess the EPS this quarter. This will be 10 out of 13 POOR quarters. They still get paid, WOW What does this have to do with Lay offs, More... read more
That AIG s---s..that we are all miserable and the long term people are bideing their time for the package?? Get it over th BD and stop the suffering......... just do it!!!
Anyone else praying they get RIF'ed? Pretty disappointed I didnt get the last round. I hear December there will be more but who knows.