Thread regarding AIG (American Intl Group Inc.) layoffs

aig stock at 29.30 (very sad) More lay offs on the way!

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Post ID: @OP+16XXd7G9

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I bet Icahn is so glad he dumped the stock when he did. If they spun off L&R, their stock would be over $30 a share, then what every sc-aps you got for GI would be a bonus, hell even if they ran it off, would have the burden of GI screwing up the rest of the company. No BD and PZ inflates salary either to name a few

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Post ID: @7rzd+16XXd7G9

The odd thing is that Accenture is laying off thousands currently...kind of strange taking advice from someone that his having issues in there own company? Whatever.....

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Post ID: @1esf+16XXd7G9

Well the systems are brittle and prone to crashing. We have IT leadership that is more interested in employing Accenture than us. We dont know evidently how to price and manage risk. We don't see common sense changes that would lower cost because leaders aren't interested in what we have to say.
The "new" leaders are recycled from other places where in most cases their hiring is driven by connections, not talent. Why any recent grad would want to work here long term is beyond me.

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Post ID: @1fwc+16XXd7G9

Loved how some of the new execs showed up to imbue the workers with ambiguous and visionary statements, only to depart less than three years later...... shameful

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Post ID: @fdj+16XXd7G9

There is no confidence on any level is this company. We watch as our co-workers get kicked out, the work then gets spread out among the remaining workers.....this includes sending to overseas. We that remain are not trusting anything that is done or said from above. Just keep plugging along until our number is called.

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Post ID: @ubg+16XXd7G9

Interestingly, the market is moving in the opposite direction. Why the stock is at this level ? The investors community knows better - They have no confident with this top management team specializing in hiring friends at top exec positions and laying off hard working employees.

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Post ID: @ozk+16XXd7G9

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