I am a long time unhappy employee like most of you. I am tired of the continuous changes in management and the ongoing threat of rifs. Every time a new group comes in we repeat the process and waste years and tons of money. But, what I don't... — read more
AIG the next Deutsche Bank. When not if.
Have yall read about how this giant bank fell from.grace. Long history similar to AIG. Founded pre 1900. Invested and lost heavily in CDO during the housing crisis. Never recovered. Interestingly taxpayers monies which was used to bail out AIG was... — read more
Had to post here when I saw announcement on Shane Fitzsimons. BEWARE!
You all should be afraid. Some of you will be let go and others will stay. Those who stay, beware. I was at a meeting a number of years ago when Shane stated he wanted to reduce costs by having managers be aware of people who were ill, women who may... — read more
Next Wave
When is the next layoff?
Mms mass firing
Mms starting to fire people left and right, some already firwd others in the process. I've been working here for long time can't remember the amount of hostility by management against hard workers, is this normal process that other aig depts have... — read more
The CRS job losses finally makes the press
In Europe at least. https://www.insuranceinsider.com/articles/127330/aig-realigns-client-risk-solutions
Layoff for Underwriters
With CRS almost non-existent now, it can be inferred that the firm is not going to be in role. Hence underwriters will be the next target
STI Question
If I can somehow make it to 1/1/2020 before resigning, am I eligible for STI or do I have to linger until March?
If I had...
To choose between working in my position at AIG for the rest of my life vs s--c-de; I would choose s--c-de. I would choose s--c-de twice if I could. When a human spends the majority of the day with absolutely zero purpose, that person will deem their... — read more
I miss job security
Reading about more layoffs at AIG every single day is really not good for my health - mental or physical. The worst part is, there's nothing I can do about it. If I decide to leave - is there really a company out there where people still enjoy even a... — read more
More Announcements
I hear announcements are coming today regarding Commercial Claim Management. New roles being announced for some of the top brass...should be an interesting day.
When is BD or his Senior Management going to have a Town Hall to tell employees about AIG 200
Not that a Town Hall is going to really explain what AIG 200 is. I am wondering why BD and the Senior Management who come up with these new ideas like AIG 200 don't have the common courtesy to regroup with the employees and have a Town Hall and... — read more
This is just rebranding, nothing else
Every new executive that comes in has his own brand of consulting companies coming in to tell us how to reboot with a different name. we have had multiple advisory companies come in and tell us what to do over the years, but this is downright bs. the... — read more
MMS
Town hall today for MMS, what’s this all about?
Unfair to Americans
The US taxpayers paid to bail out the company. While I realize the money has been paid back. I can't help but feel the taxpayers would rather have let it crumble than have all the jobs sent oversees to non Americans. We are the ones who stuck around... — read more
The need to have the highest paid CEO in the Industry and pay for Mckinsey RTS
This is really very disturbing to me as an employee. We hired a CEO, who is the highest paid in the Industry. We paid for his non compete and he was given many other bonuses. Wasn't he and Senior Management paid to do what they have hired McKinsey to... — read more
CRS Gutted
They are cleaning house in Client Risk Solutions. The head of CRS included.
How informative do you find AIG Town Halls to be?
Did we ever get anything truly useful from them?
Major layoffs at AIG in August
I have heard that there will be a major lay off in August. I can't confirm this but all the other talk I have heard regarding RIF's have come to fruition. There were lots of RIF's in 2018 and there have been a lot so far in 2019. Senior Management... — read more
AIG = Ex-BofA/TIAA employees
How many of you know this?
We are finished as the big player in general insurance
AIG will eventually merge with another company or use the AIG name to only manage financial products. GI will go away. AIG can't efficiently manage general insurance companies and they simply cannot make money doing it. Every system that we have is... — read more
AIG Outsourcing to India 🇮🇳
Some positions have already been moved to India from the Finance area. The Timeline probably is now and until one year from now. Hopefully they give people an early heads up when there position is migrating to India. Best place to check is AIG career... — read more
Olathe
How many got laid off in Olathe last week? What departments? That place is going to be a ghost town! It’s already barely half full!
Olathe is done
They are not going to lay-off all these people on Olathe and then keep paying for that big building......
Stop the madness
"Laying off people is part of the company annual goals. As soon as the stock price is above $55-$58 range the CEO will bail out. About 6 months to a year more in his role" This comment from a previous post is spot on. BD's goal is to get he and his... — read more
Time to get the media involved
Let BD explain himself and what direction he is taking AIG. Time for some "splainin" from the old geezer as to why the massive layoffs!
AIG Layoffs
Massive layoffs have begun in the Risk Engineering department this week. Nearly half the department is being lay-off.
June 14
June 14th is the day for layoffs. Across the board cuts June 14 is Friday. When exactly did we have massive layoffs on a Friday? We might have had situations in which layoffs spilled over into it, but that's about it. I'm not saying there'll be no... — read more
“Earn his living” indeed
https://www.google.com/amp/s/amp.insurancejournal.com/news/national/2019/06/07/528661.htm
Layoffs next week
Rumor mill. Massive layoffs next week. Multiple departments.
The Hartford (HIG) Hits 52-Week High, Can the Run Continue?
will AIG do this in our life time?
Aig Fort Worth Offices
The entire United States help desk in for Earth will end July 12, 2019 or sooner the new help desk is now in the Philippines there were 70 ish of us permanent and contract Hires in Fort Worth Texas we will always be just a number working for places... — read more
Layoffs seem to be done for now at AIG
Nothing happening so far today - so it could be that Tuesday and Wednesday were it. Unless other departments are being hit today that I don't know about?
Something brewing @ KC SS
Looks like something may be about to go down in KC Shared Services’s anyone out there with any interest in this location heads up
Any news on Berkeley Heights, NJ?
When can we finally just get laid off and feel like we can breath again?
There will be more RIFs
BD and Senior Management don't seem to care how hard employees work to make this company suceed. They have RIF'd a lot of good talent that worked towards that goal. It's my belief that there will be more RIF's because we are still not writing a lot... — read more
layoffs in IS department??
Any Information on layoffs coming in IS department?
Mid level management & secret closed door meetings
For several weeks now multiple managers have been meeting with AVP behind closed doors nothing is ever mentioned about these meetings and what’s being discussed seems to be very ‘out of the ordinary’ not common place at all many in KC SS believe... — read more