Does anyone know when the next round of layoffs is coming? Seems to be too quiet. Wondering if it will be with management first. It's the middle of the year and layoffs were to continue through 2017 and I haven't hear of any recent ones?
3 replies (most recent on top)
They never announce layoffs. It's all done quietly and quickly. There is no formal period for staff to know their job is at risk, they just get told to go. Friends and colleagues only find out when they see an empty desk. Some local managers do give advance warning but this is against HR wishes.
Rumor is the next round is July.
No official layoffs have been announced.
I am not sure where you are getting all this info
AIG has been "thinning the herd" with small layoffs, not any mass layoffs (although there was a good number laid off in May) so it's under the radar. It's bizarre that the press and the analysts who cover AIG have not commented on the loss of all this intellectual property. After all, Benmosche brought AIG back because he retained the talent. It's likely that the new CEO will bring in his own team so say bye bye to more.