At least 20-40 people, mostly managers and supervisors, were laid off last week as part of what was called a restructuring and removing layers. Most were there at least 8 years if not more and told their position was being eliminated. Some of the... read more
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Topics regarding layoffs at AmTrust Financial Services Inc.
What do you guys expect to happen to the stock? I do not want any insider information, I just want to see what this board thinks about it.
Amtrust let go about 60 employees at their Sherman Oaks CA location on Friday 2/2. This particular Amtrust company looks like it will be closing it’s doors soon due to its recently severed ties with AMT’s insurance administrator. There is not much... read more
Please share any updates you may have. I am specifically interested in 2018 and beyond. I've seen some post with historical info, that's good as well. I wish you all good luck.
I was impacted by the lay off. Human Resources and Ariel the IT VP was cruel in the delivery of the layoff. On Wednesday those that were impact received an meeting invite without a name in the subject in the title (no agenda) and all those impacted... read more
Pleading ignorance to the law is not a defense. They played dumb and profited from not reporting losses therefore skewing the profit numbers. Knowing as soon as reports were made public, top executives sold hefty portions of stock while it was still... read more
I hope I am wrong, but everything is pointing to it...