If the board had any brains or guts they would redirect AIG 200’s mission to get rid of the top 200 hires by BD and PZ and replace them, the stock would double in less than a year, maybe 6 months

Will there be more layoffs today? Has anybody been affected yet?

Lay me off already! I've had more than enough of this place to last two lifetimes. I keep hoping to be on the layoffs list but no luck. It s—s that there are people who want to stay and are forced to leave, and I have no way to let them know I'd be... — read more 

I agree with that there be permanent Work from Home for people in the Tri State area. That is one way of cutting expense with less office space. Some concerns on my part will be the following. Working from Home in Tri State, does not necessarily... — read more 

Does anyone know if the Berkeley Heights, NJ office will still be open for employees to work from in addition to the three announced locations in NYC/Jersey City?

Is anyone laid of on H-1 B? And do they revoke H-1 B right away?

Heard IT had RIFs. Anyone else?

How long before KH gets ousted? My guess is by year end....

I've been told, with confirmation, that I'm finally being rif'd this coming week! It was shady the way it happened, but still I'm extremely happy! There were times I've worked 80+ hours a week supporting this soulless, leadership void, sinking... — read more 

Recently RIFed; anyone know how long I have before returning the laptop and other company belongings? Especially with office being closed?

If you let go of the fear of RIF, you are productive. I lived with constant fear of RIF for almost 18 months. Three months ago, I started looking for jobs and went through a few interviews, I felt relieved. I am yet to land with a job of... — read more 

Has anyone heard that they will be sold/closed at year end?

Linkedin shows the company headcount is flat for the last two years between 44-45k while they have been hiring 300-500 new hires/month. Based on this forum, it sounds like there was at least 2k strong RIF across functions in Q2. Why does it... — read more 

When all I hear on this site are layoffs!

Keep an eye on the Insured's, non renewing and new business, and what is being transferred to TPA's. A big way to cut costs is to also have new business handled by TPA's and have it just on paper as an AIG account. There will be a lot of little TPA's... — read more 

I heard that they are in the process of once again of reducing Head Count for Claims. I heard that this is anticipated to occur in late July or early August. I am just wondering if this is true as I don't see any new business being written. I know... — read more 

do we get paid out of our unusues PTO if we get Riffed, laid off, etc? Is this why everyone is being told to take their PTO days every week?

Tcm, UR and DDME layoffs today , more to come in September

All employees were laid off yesterday without warning. All told they were terminated and done after the call. No Managers involved, it was cold hearted AIG at its best delivered news read from transcript!

The Nashville Business Journal advised on 6/24/20 that the Brentwood location would be laying off 79 starting Aug 21,20. https://www.bizjournals.com/nashville/news/2020/06/24/insurance-company-cuts-nearly-80-brentwood-jobs.html

In today's day and age, who writes linkedin profiles as "Mr Zaffino" ? https://www.linkedin.com/in/peter-zaffino Classic old school insurance co - about to be disrupted by likes of new insurtech cos.

Just wondering if RIF'S will continue this week as it is a pay week. It's also the beginning of a new quarter so they may wait until August or September. I heard there will be a lot of RIF's in September but am wondering will they do some in August... — read more 

American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the ability to transfer their upper... — read more 

Last week around 250+ from IT, Corporate Finance & Transformation teams were let go ....next big round in Sep

2-3 months ago, the pandemic unemployment benefit gives an extra $600/week... so for some employees, getting RIF'ed could result in a pay bump until end of July. So if AIG lays anyone off, it should've done it then. But now... the benefit is only... — read more 

I have been here a long time so naturally been through many rif cycles. The rif starts when upper management wants to reduce costs to prop up quarterly earning reports and increase their bonus and their stock incentives. This has been occurring on a... — read more 

All I know is that they just laid off people yesterday right after Father's Day. They promised no rifts until the pandemic is over and people will get advanced notice. They called the people working hard from home yesterday and told them today is... — read more 

AIG is a worthless company for anyone other than an elite few. Who by the way are there simply to pilfer the coffers. The absolute waste of time consumed by employees contemplating their ultimate demise with this company is inhumane. Cruel. And... — read more 

Because all BD and PZ due is loot and plunder the company at the expense of everyone, shareholders, employees, customers, etc. 200% STI for mediocre results, employees would be lucky to get half that and do a good job despite bad... — read more 

I'm hearing two different stories. I am hearing there will be more RIF's starting the week of June 22 and some into July and then I am hearing that there will only be very small RIF's the week of June 22 and start again with a big one on Sept. 14th... — read more 

At least for IT it seems. Possibly early August if there are open HR issues. Big boss needs to make targets to get those extra contract bonuses....