Thread regarding AIG (American Intl Group Inc.) layoffs

Earning REport another negative surprise and they get $600,000

Earning down 551%. A blind money could do a better job

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I have two questions for someone out there that has more insight?

  1. The covid19 outbreak didn't really start impacting the US until late in Q1. I understand it may have impacted earning a bit, but most of the quarter should have been business as usual, yet earnings were down 85% @ .11 cents per share. How much of this was really because of covid19?
  1. AIG seems very closely tied to Lloyds all of a sudden. Hiring many execs and now the 2019 Lloyds syndicate. What is the connection between these two companies? It seems there is more going on here than is reported.
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