In march it was rumored the next round would be in June 2019. By now names would have already been submitted. Still rumors or confirmed at this point?
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The news here is that AIG is a sinking ship and there will be more layoffs. They are outsourcing and automating whatever they can. The portfolios that they are investing in and keeping need minimal manpower. BD and his friends he brought here are here for themselves not the employees at AIG. They are transforming this company in a way that will never look or be like the AIG we came to work for.
Blessing in disguise hope you got a good package take some time off you'll find a better job I was laid off in January I just started a new job the people a very nice the company is very nice not the hysteria of no job security like the hell that we all came from
It’s all true. I was laid off on Tuesday. Risk Engineer and one of many in my group.
not only is BD 70+ years old and has no intention of being here much longer but he has already been paid $60,000,0000 + for a series of negative quarterly returns. promise the moon, it doesn't make a difference at this point
IT fits the model they’ve followed over the past 5 years even under the past regimes... same playbook... executive do the damage and get their STI and go out gracefully with no mention that the programs the shoved down the worker bees throats we complete failures... then a new group comes in now it’s july August and HR hands low level manages a script to read while they lay off some poor worker who put their heart and sole into this cr-p job can while they try and muster up a shred of dignity as he/she is ushered out... then it’s Dec and it starts over again. True pathetic mess!! Oh I almost forgot.. the CEO is making promises that he can’t deliver on but doesn’t give a darn because he’s 70 plus and a millionaire . Good luck my weary friends.
I heard June and August. Not sure how true it is