Thread regarding AIG (American Intl Group Inc.) layoffs

Dismantling piece by piece?

AIG supposedly wants to be an insurance company leader except they outsource IT, outsource claims, outsource shared services. They refuse to acknowledge CATs are part of the loss ratio so they keep buying expensive reinsurance. Then they want to sell off their most profitable L&R business.
Is it just me or does it seem like AIG is being dismantled piece by piece? Maybe they will finally ki-l this old dinosaur in the next decade.

Pulled from @1wgz+1eh41khJ. I believe there are many more of us who think AIG is being dismantled slowly.

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If you're an AIG employee whose been offered a job to shift to the new company (i.e. the L&R division that is separating from AIG) is this a good thing? Do you lose the severance that you've accumulated at AIG for the past several years?

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