Thread regarding AIG (American Intl Group Inc.) layoffs

Why no voluntary buyouts?

Why won't AIG do voluntary buyouts? Normal companies do this. Why no plan, knowledge transfer to offshore contractors?
We all know AIG wants to rid itself of tech FTEs. Because of poor execution, now we have skills gaps where we end up having more outages.
Meanwhile, we triple the paper pushers who do nothing to add value.
Guess I'm still relatively new, but don't get why AIG doesn't act like a normal company.

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Post ID: @OP+1ccWP3bt

6 replies (most recent on top)

OP here. Not dissing AIG. Met a lot of nice people here in short tenure (2 years). We know they don't want US employees. Why not make it simple and a win-win for those going through motions in jobs and reduce headcount? It's like leadership doesn't consider impacts of nonstop layoffs on those who remain and want to accomplish something. Ford just announced they were doing this, and many other companies have done this as well.

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Post ID: @9daa+1ccWP3bt

Maybe someone should link to this post on Hammer 😀

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Post ID: @9ixj+1ccWP3bt

Usually people with the most options / skills take the buyout, leaving behind those who can't jump due to performance issues. No rational company would do it.

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Post ID: @1ead+1ccWP3bt

At least 1/4 of the company would take a buyout deal without question.

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Post ID: @pud+1ccWP3bt

Plenty off jobs are available so AIG is just hoping folks leave and severance is avoided. Also, AIG does not do "normal".
As for skill gaps, you are correct, it's a steaming pile right now....not sure if they will ever get back to maintenance mode at this company.

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Post ID: @ijd+1ccWP3bt

I agree I know a company that several times offered voluntary layoffs, the company would offer to a division voluntary layoffs by sending mass email with outline of layoff package.

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Post ID: @cvp+1ccWP3bt

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