Thread regarding AIG (American Intl Group Inc.) layoffs

Sad

The sad thing is, at least for me, is that the management isnt overtly rude or difficult to get along with. I frankly just feel they're ill-equipped to manage employees who are more prepared for the future than they are. In my situation, the management is kind of slow to act, too lazy to directly tackle disengagement , and are insecure that they are going to lose their jobs and their check. That being said, I still feel that if they were "with it" they' be spending their time beefing up their skills and trying to get out like myself and most of my peers around the same age. But instead, they come to work to go to pointless meetings, and probably just pray that they don't lose their jobs.

Like HELLO, there is no such thing as employee or company loyalty anymore...so why would ANYBODY invest in becoming a lack-luster corporatist?? I'm extremely disengaged with AIG, to the point of it basically being irreversible..and although we all need to take responsibility over ourselves, I directly blame the middle management and directors for the low morale.

These people have 0 skills for how quickly the digital landscape is basically changing the work environment. I loathe going to a place which is stuck, and as an extention attempts to keep me stuck, 10years in the past. There's no excuse...either RIF me or make it an obligation to invest in the future of this company (i.e. employees under 35ish) because those who have been with AIG for 10+ years (a.k.a middle management) are basically garbage.

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Post ID: @Z9F0MtM

8 replies (most recent on top)

AIG has a program to take people fresh out of college, rotate them around various IT groups so they get a good overall understanding of the environment, teach them, put them on projects. This takes 1 - 2 years. At the end of this time period they apply for a permanent position. Guess what, none available. They are let go, but we still have the program. Looks good from the outside. Good PR for the press, we're on college campuses with great glossy handouts on the program. But, it's a dead end.

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Post ID: @Z9F0MtM-7hhb

If you dont think last quarter earnings weren't due to financial manuevering, then you're naive. The only way I would ever invest in this company is to short it.

I don't think most of the folks are immoral at the top per se, I just think they are incompetent. Compare AIG performance to its peers and tell me I am wrong.

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Post ID: @Z9F0MtM-6wqg

AIG is a sinking ship. They are writing some business but going to TPA's. Anything they can outsource they will. All operations will be cut by 2020

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Post ID: @Z9F0MtM-2tsq

SAD = s--- a d--k for the guy talking about the stock price

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Post ID: @Z9F0MtM-1tna

Stock is above $52.00 and moving up. Work Work Work. Make me Money!

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Post ID: @Z9F0MtM-1vij

dont worry about that feeling. Most of the old staff in AIG are useless. AIG need to move forward and fast without these people. That's why AIG is actively engaging the GPAs and hiring people with digital skillsets.

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Post ID: @Z9F0MtM-1qvf

(Below) I am well aware companies can't keep up with everything new and I am also aware of the fact that "new" doesn't always mean better...which is why I never said AIG needs to keep up with everything new. That being said, I'm sure the approval ratings of our software performance would be awful if it were to be quantitatively surveyed

And why do you assume my quandary with those who have 0 technical skills has anything to do with my dissatisfaction with the software? My gripe is the insecurity that comes from those who are afraid to get fired FOR having inferior skillsets, and as an extention holding others back from achieving more then they can, at the moment.

Lastly, just look at the company reviews on Glassdoor, look at all the negative reviews on here? Are you sure it's my "millennial instant gratification" that's the problem?

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Post ID: @Z9F0MtM-1dcu

Maybe you should take some mba classes. Technology changes so fast no company can afford to keep up with everything new. It costs major money to transfer from one system to another and have everything interface. AIG has many components and divisions that used to be operated like seperate companies and operate on different systems that do not interface with each other. Money must be spent wisely to update and find systems that work for multiple divisions. If you can't handle working with older technology maybe you should quit and go somewhere you will get your millenial instant gratification.

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Post ID: @Z9F0MtM-1sht

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