Thread regarding AIG (American Intl Group Inc.) layoffs

Has anyone heard about change to severance package in future?

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Post ID: @OP+15SPgecA

7 replies (most recent on top)

They try to get you to take PTO time before lay-off so less for them to payout. Then you only get accrued PTO time in your severence.

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Post ID: @6wzl+15SPgecA

The blocking of right to sue will not apply in cases where malfeasance is part of the case. So if you knew someone was embezzling, they fired you and you signed something agreeing not to sue, you can do so anyway. Just as if a boss committed a felony you could act under whistle-blower statute and not have any clawbacks or severance.

Note the HR minions monitor this site and have messages they don't agree with taken down. So don't be surprised if you post and it not be here tomorrow.

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Post ID: @2xet+15SPgecA

Easy choice...take the new job and if its lower pay or not what I want....start looking for a new job immediately. I saw this happen with many of the IT jobs that moved over to NTT.
Bird in the hand.....then crush it when cr-ps on you....lol!

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Post ID: @1atk+15SPgecA

Just be mindful if you are part of a business line being sold to another company and you get transferred, it’s highly likely your only two options are taking the new job or leaving of your own accord. No severance...

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Post ID: @1giv+15SPgecA

I heard there will be a severance package still but it will change.

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Post ID: @eaj+15SPgecA

The severance package will remain the same except for the final people remaining at the end, when AIG closes up.

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Post ID: @kkc+15SPgecA

Nope...I do not believe that it will change.
They hold the severance package as a carrot so you sign away your right to sue for....well....you pick your legal topic....

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Post ID: @ypn+15SPgecA

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