ACE-Chubb (Chubb Corp.) Layoffs

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Topics regarding layoffs at ACE-Chubb (Chubb Corp.)

Chubb Layoffs 2017

You can never tell if layoffs are masterminded and completely planned, but if HR has too many meetings with closed doors you got to be freaked out. I am in Warren.

Chubb cuts retirement health insurance

True to Greenberg's insatiable quest to put more money in his pocket, Chubb has announced it will phase out the Chubb retiree health plan by 2026, This was one of the benefits that Henry Harder made sure was available to dedicated Chubb long term... read more
by | Post ID: @KujJiJ2
935 views | 9 replies (last )

Salem Office Job Cuts

http://www.roanoke.com/news/local/layoffs-announced-at-salem-office-of-global-insurer/article_73e485b1-793a-5517-b9be-e9518a2583a0.html

Greenberg and Chubb's board

Chubb was very loyal and decent to its employees. I know I worked there for over 30 years. That all ended when Dean O'Hare left. He was the last vestige of integrity the company had. When Finnigan took over the strategy was set with Chubb's board... read more

In the dumper

Chubb was a great company to work for until the merger took place back in January. There are many departments that are now run by legacy ACE folks and have absolutely no work ... People just sitting around doing nothing. Another issue is that... read more

Cost to match results by year end 2016

Reduction in cost to prove the takeover was justified will include a large head count reduction. ACE senior management thinks Chubb people have been coddled for too long and are overstaffed in many areas from a culture of we promote from within... read more

Salem

Any word on the Salem office? Ace bought Firemans fund, but it feels like the other way around. Salem office works hard and cheap, but the writing seems to be on the wall. No more Sr. Leadership - positions aren't being filled at that office - rumors... read more

Welcome to the world of ACE!

The company had perhaps the worst reputation among large carriers and culture towards its employees of any including AIG. For those at Chubb that still believe that they will be left alone to operate as a separate enclave within the ACE organization... read more

Napoleon syndrome

This is corporate greed at its best. 1) little Evan has to prove to his father he's a BIG man 2) Finnegan never invest a dime in Chubb. They should never of kept the Chubb name. It's being misrepresented. Shame

EPC layoff

I was one of the victims of the 2011 EPC layoff. Chubb was a good company to work for, and they really took care of their folks. Best of luck to all who may be involved in any type of separation from the company.
by | Post ID: @FESdRwz
313 views | no replies

I work in I.T

Now I'm going to be in the **I.T
by | Post ID: @FEP8Iy8
297 views | no replies

Be strong.

This is the company that I retired from last May. Man I am so glad I did. The comments you're reading and the lost your seeing are from people that I've worked with for 15 years. Be strong.

Flexible with employees

They are really flexible with employees work schedule, which is a good thing. They are always trying to provide employees with an extraordinary work environment. But, on the other hand balance between life and work is good just for lower level... read more
by | Post ID: @FDsLZTV
844 views | no replies

Should I update my resume?

It seems like some folks are already updating their resume. Situations is not good at all. Who will be hit the most... We will end up outsourcing almost everything.

Keep up the good work

This is a stable company and financially conservative company. It is a definitely a good place to be with the current economy. Lots of smart people, they valued characters. i would say it is a good job security in tough times.

Not a great place to be

Just a couple of things to say about my office: Mgmt doesn't know how to communicate, supervisors are not knowledgeable and they barely know what is going on during the day. My advice to they would be to listen to their employees.
by | Post ID: @FDIh9T5
207 views | no replies

Lack of knowledge

Some managers are not suited for their jobs - they have lack of knowledge, poor people skills - but still sticking to the position just because they have been with the company for a long time. The salaries are pretty low compared to other companies... read more
by | Post ID: @FDmGVav
413 views | no replies

"Ace in Chubb clothing"

See the linked interview where Greenberg basically says that the new company will be Ace with the Chubb brand & book. If you thought the Chubb culture might survive, you were wrong. http://m.institutionalinvestor.com/Article.aspx?ArticleId=3520126

Chubb's Warren HQ is closing.

Probably common knowledge, but for those not "in the know," Chubb's Warren HQ will be closing within 90 days. Employees will be moved to other offices, especially Whitehouse Station, where Evan Greenbergs new office is being constructed...

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