Thread regarding AIG (American Intl Group Inc.) layoffs

Corebridge Layoffs and Bonus

To talk about layoffs after bonus distribution

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| 1462 views | | 7 replies (last January 22)
Post ID: @OP+1qDojeYx

7 replies (most recent on top)

For the last 3 years, corporate has leaked the STI percentage before January. I haven't heard anything yet this year.

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Post ID: @4iel+1qDojeYx

Results SHOULD provide for a great bonus pool but it won’t happen. Stingy PZ and his directs will get PAID where our pools will be flat with measly salary increases, yet again

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Post ID: @2zfk+1qDojeYx

I’m hearing that the numbers would result in a good bonus, but that AIG is pushing back.

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Post ID: @2zng+1qDojeYx

You would think with the good year we had and all the separation work we have done that we should get a supreme bonus. But....all I am hearing now is cost reduction on everything......so...we shall see.

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Post ID: @jfs+1qDojeYx

You don’t get kicked out without a bonus for partially met or did not meet. And the target distribution is 15% partially met/did not meet. It’s not like the majority will be pushed into these buckets.

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Post ID: @ajx+1qDojeYx

Why do you think that the bonus will be horrible? 2023 was a year with record sales, strong equity markets, new money rates were high for most of the year, sold UK and Laya, few special dividends and several management actions to optimize capital.

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Post ID: @phd+1qDojeYx

The bonus is going to be horrible. Management wants to make employees feel like piece of sh-t and recycle the bonus to managers. Managers have already played their games on the annual PR. More likely to met not expectations and kicked out without a bonus.

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Post ID: @aov+1qDojeYx

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