Thread regarding AIG (American Intl Group Inc.) layoffs

Too early to retire, too late to start again

Let me tell you, being laid off while being a middle-aged man (I'm assuming the same is true for women) is a mess. I'm still years away from retirement but I'm at an age where every employer sees me as a potential outdated burden instead of an experienced asset. I'm still looking for work months after I've been displaced. To say the responses were discouraging would be an understatement. I still resent AIG for putting me in this position.

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Post ID: @OP+1bQ5sPgA

8 replies (most recent on top)

To heck with AIG. You can start again but not with that mindset. It won't be easy but many companies value experience, just not AIG (ask them how aig200 is working out for them lol). Even contractors don't want to work there.

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Post ID: @7jgk+1bQ5sPgA

I double down on the congrats! As someone who was also there back then but kicked to the curb by AIG 2 years ago, I was lucky enough to navigate to retirement. For folks like myself but still seeking employment it is no fun out there. No matter how well you match up for a position, their "perfect candidate" always seems to appear out of nowhere.
Good luck to all but never give up!

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Post ID: @6oyv+1bQ5sPgA

I guess I am one of the few who could retire after this is done. Just d-mb luck that I was at AIG as long as I was. The answer to everything has been "do more with less people". I remember when AIG was 120,000 people in 133 countries.
All I can say at this point it good by. I am so glad to be leaving.

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Post ID: @5yzt+1bQ5sPgA

Been at AIG many years and have seen very few people actually retire here. They are generally rif'ed, quit or are push out before they can get to retirement. I have seen several good people rif'ed after decades of service with nothing more than a "sorry, good luck" from management.

It reiterates that overall message about AIG. If you are young, do not ever consider AIG a long term career. If you are a veteran you need to look for other options now. Do it on your terms. Don't let AIG dictate your career. The odds of you retiring at AIG are slim to none.

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Post ID: @5hlg+1bQ5sPgA

I reinvented myself and took a salary almost commensurate with unemployment benefits (pre-covid rates) within a year at the same place I was elevated to a higher position with a lot more money. So, a year of sacrifice turned out pretty good for me. I had the mind-set though because I detested AIG so much I just wanted the heck out of there - I needed something where I could work for a purpose. Best wishes to all the over-50 friends out there!

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Post ID: @4ydi+1bQ5sPgA

I have been there. It's tough for an older person but you've got experience not age. My advise is exaggerate on your resume and baffle them with bs in the interview. You can pull off anything and if you've worked at AIG I know you've had many responsibilities you had little training for. Do or say whatever you have to to get in the door until you can retire. You can do it. I did.

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Post ID: @3mct+1bQ5sPgA

So sorry that you were let go. My advice to you is when interviewing for a new job is to always look the interviewer in the eyes and always state your experience in the field you're in with confidence and smile alot. Say you're always a team player and willing to work overtime as needed. Employers love candidates with confidence and that show dedication.

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Post ID: @mem+1bQ5sPgA

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