Thread regarding AIG (American Intl Group Inc.) layoffs

Merit vs Nepotism

I’ve seen so many good folks laid off from IT in the past few years and replaced by “friends and family” of the inner circle with higher pay. And many believe that’s simply the way it works and AIG continues to go from bad to worse. Why has nepotism been accepted as the norm ? What about the people who are actually good at their jobs. Nobody cares about talent anymore, the one who sucks up well will stay, it’s sad.

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Post ID: @OP+1cQX6XpC

5 replies (most recent on top)

Simple, middle management has no power to make real decisions so they are not accountable for the outcome, thus they just take whaterver they can until next layoff

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Post ID: @Caoo+1cQX6XpC

So now inmates are in charge of the asylum. The new hires make more than remaining FTEs in average yet the only ones who can show newbies the ropes are…you guessed it, the legacy employees.
I like to give the new nepotism hires just enough information so they are thoroughly confused. Given the lack of talent of the newcomers, not difficult to do.

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Post ID: @7hbm+1cQX6XpC

I don’t think anyone understands insurance is locally regulated and global framework is going to fail

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Post ID: @5upx+1cQX6XpC

Nepotism should never “make sense” in this context.

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Post ID: @2ihv+1cQX6XpC

I'm surprised AIG even has an IT group other than managers of off-shores and out-sources.
Perhaps the remainers are only managers who need very few IT skills.
In this case, nepotism makes sense. Why not?

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Post ID: @ngh+1cQX6XpC

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