Thread regarding AIG (American Intl Group Inc.) layoffs

AIG Earning report May 13th. What will the number be??? Will he make a first time profit.

BD has been there for almost two years and has produced 6 Negative Surprises. NS is when the Earning of the company is below the Consensus Estimate. He and his team got a bonus for these results. Lay offs continue. What will the BOARD DO???????

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Post ID: @Yu55loZ

21 replies (most recent on top)

Any news thoughts ideas or knowledge of RIF’sh--ting locale such as KC SS fka Olathe Claims Processing Center seems to be on site personnel from NY @ constant intervals now for a few months one constant Joe Puleo the morale has all but hit rock bottom & folks waiting watching for signage of impending job cuts please advise management will neither confirm nor do they deny cuts are coming many attempting to stay informed via the site here appreciate any insight thanks

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Post ID: @Yu55loZ-aniz

Aig up again this morning due to Life. PC will have a very poor results on May 13th

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Post ID: @Yu55loZ-3xli

$45.71 this morning. less then $20 dollars to go. GREAT JOB! Work Work Work! Go Go Go!

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Post ID: @Yu55loZ-3zup

OK, you made my point. I was layed off 8 months ago and still do not have a job. It is based on age. Why are you young people still there???

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Post ID: @Yu55loZ-3bxi

Companies can pay Glassdoor a fee so they (the company like AIG) can monitor posts about their own company and post comments themselves. I’m sure AIG has a contract and our communication dept is monitoring and posting their own comments.

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Post ID: @Yu55loZ-3wxo

Someone please punch the 65 dollar stock guy in the nuts

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Post ID: @Yu55loZ-3ftq

totally agree stop with the $65 stock price and what's going on with Glassdoor the only comments you see is oh how wonderful this terrific lovely company is to work for when we know that morale from all employees is exactly the opposite what gives Glassdoor the right to remove all this I'm not sure how it works is AIG sponsoring them? it doesn't matter word on the street is what it is everybody knows what the morale is

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Post ID: @Yu55loZ-2gsb

Shutup about the 65 dollars, talent doesn't give a sh-- about that. The company is toxic, glassdoor removes countless negative reviews just to keep certain offices above a 2 star rating, middle management is incompetent and unintelligent, unintelligent people give more opportunities to the even less intelligent to keep themselves relevant, career advancement and ambition is looked at with insecurity, if you have tech skills..you will be driven out, our software and web app systems are falling apart ( and why are they coded with HTML standards from the early 90s?), i'm a young guy and I leave work everyday feeling old asf, no raises, no promotions, no engagement, operational micromanagement under the guise of "casual converesation", and the list goes on..

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Post ID: @Yu55loZ-2ltd

Right 65 cents

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Post ID: @Yu55loZ-2lqh

$65 is the number, Go Go Go!

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Post ID: @Yu55loZ-2tig

Hey, stay positive! Leadership will get us through these tough times. Go Go Go. Just a few extra hours for each employee will get us to $65.

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Post ID: @Yu55loZ-2lgz

I actually hope the posts are real. The stock price will never hit 65 ever again.

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Post ID: @Yu55loZ-1lsn

I’m assuming these post to work hard to bring up stock prices are sarcasium ! Very funny!

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Post ID: @Yu55loZ-1mtv

We are now about 30 days out to the EARNING REPORT (MAY 13th) Let's work a few extra hours to show the stockholder how much you care to get the number to a positive surprise. Our goal is $65.00. Go, Go, Go! The Stockholder

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Post ID: @Yu55loZ-1czn

the only reason they're still a company is because people are sitting around waiting to get let go and get a package if there were voluntary packages the whole company would walk out

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Post ID: @Yu55loZ-1qwr

If they hit profit then it will be due to accounting tricks, not due to increased business. They should not be vesting LTI as long as we don't make money. Frankly. no one should get any STI at management levels until we start being profitable again. I know several folks still there, and morale is low, management is basically McKinsey talking heads, and anyone who can is trying to leave for a better situation.

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Post ID: @Yu55loZ-qlb

no amount of hard work is going to boost the stock price with the greedy execs s---ing all the money out of the company besides we're already working hard how hard does a person need to work for pennies till you're drop dead in your cubicle

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Post ID: @Yu55loZ-tlv

Stock is at $44.33. You need to work harder to hit $65.00. Go, Go, Go! May 13th is the date, do it.

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Post ID: @Yu55loZ-bva

Those town halls are all pre screened questions and the board already knows what's going on, why bother.

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Post ID: @Yu55loZ-lam

It should be the current employees responsibility to ask tough questions at the AIG Town Meetings. If they don't, BD will think everything is fine. So ask why his should keep his job after 6 NS. The Board needs to see the light is start looking. They also need to break-up the company.

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Post ID: @Yu55loZ-hpe

What will the board do a big fat nothing like they always did everyone's in bed together layoffs will continue Outsourcing will continue targeting older people will continue Cuts will continue. Maybe show a small profit and execs will ride that forever saying we're headed the right direction mean while it'll take a hundred years to get anywhere good while morale sinks lower and lower customers leave name diminished in the marketplace everyone's ashamed to say where they work

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Post ID: @Yu55loZ-mib

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