Topics regarding layoffs at AIG (American Intl Group Inc.)

Topics regarding layoffs at AIG (American Intl Group Inc.)

Process Improvement

There have been a lot of process improvements that some would equate to a need for lower headcount, but for most, those changes have just made a very long a day little more tolerable. Regardless of what anyone thinks, this is a relationship business... — read more 

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| 1570 views | | 6 replies (last December 26, 2018)
Post ID: @OP+WC8pPy9

AIG could care less

Most companies don't rif 2 weeks before Christmas. AIG could care less. Ruining the lives of their employees in the name of profits says it all. 2019 won't be any better than this year. Maybe they should watch It's a Wonderful Life. The missing $... — read more 

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| 2760 views | | 8 replies (last December 12, 2018)
Post ID: @OP+Ww4Jmv8

IT

IT had the most layoffs and it continues. Majority replaced by KL / Malaysia. Replacements are not up to par, and no actual official news on layoffs as they try to keep each lay-off in each location under the limit for announcements. This is almost... — read more 

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| 2940 views | | 13 replies (last February 23, 2019)
Post ID: @OP+WvsPjlC

News rumblings re SS

Is it widely held that KC SS is to be shut down is there any idea how this might occur might it be a gradual drawdown & what if any would be left in the aftermath some say ‘they can’t’ take everything overseas my take is where there’s a will there’s... — read more 

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| 1480 views | | 5 replies (last December 8, 2018)
Post ID: @OP+WumPwhV

Quality Assurance Group

There have been many layoffs and will be more to come I am sure. Business is down. Wrong accounts are being written with the wrong premiums. This company has made one upper management mistake after another. Layoffs have occurred in claims and there... — read more 

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| 1460 views | | 3 replies (last December 12, 2018)
Post ID: @OP+WuL2ND3

Risesmart question

Has Risesmart, the outplacement agency, worked for anyone?

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| 1570 views | | 7 replies (last December 14, 2018)
Post ID: @OP+WujHQGO

Charity Season & Spirit of Giving

There is no spirit of giving at AIG. Some offices have parties, others don't. This company that I truly loved when I started is on a destructive path. BD goes to Bermuda in the same week as a big RIF. As you know, travel has been restricted in the... — read more 

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| 1260 views | | 6 replies (last December 12, 2018)
Post ID: @OP+Wu30fB7

Any news rumblings SS

Does anyone have any information regarding KC Shared Services & anything at all as it relates to RIFs or potential layoffs it’s said morale quite low and angst is on the ascent seeing SP WI being shut down folks are on high alert

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| 820 views | | 1 reply (December 6, 2018)
Post ID: @OP+Wuon3JN

Too Big to Fail? More like too small to survive

The guy making six figures has to work with an uninspired workforce already under the gun after all the RIF's creating a stressful workload. It took years for Hank Greenberg to build up the company. Granted he made mistakes with the derivatives but... — read more 

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| 1330 views | | 4 replies (last December 13, 2018)
Post ID: @OP+WtD6axf

CFO Out

No one is safe regardless of level.

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| 1390 views | | 4 replies (last December 8, 2018)
Post ID: @OP+Wt1gb29

Unstable employer - foolish and naive to trust ppl

My position was eliminated in Q4 2018, after being reassured that I had "nothing to worry about" by my supervisor. Don't trust any supervisors. I find AIG to be a very unstable company. More layoffs coming. I was unfortunate to get termination at... — read more 

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| 2130 views | | 8 replies (last December 19, 2018)
Post ID: @OP+WsC4ug2

The CEO of Company need to take action

The layoffs are continuing to down spiral worse each week now. We currently lose a large number of employees from the Global BSA team. There is no telling whether or not I will have a job tomorrow or next week. Majority of the layoff is is currently... — read more 

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| 1830 views | | 3 replies (last December 5, 2018)
Post ID: @OP+WrAl7Tl

Any new updates for the "year of the underwriter"?

Which specific locations and/or divisions within underwriting will experience RIFs and when - 2018 or 2019? Does anyone know beyond just ongoing and all AIG departments affected by RIF?

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| 1400 views | | 2 replies (last December 1, 2018)
Post ID: @OP+Wo9gZ1R

Any layoffs today?

We had a RIF go down this AM. About a third of our unit. More to follow tomorrow. Watch out for mundane, scheduled meetings on such things as goals. The only goal by the company is to RIF the employee without raising any suspicion. They were... — read more 

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| 2200 views | | 3 replies (last December 10, 2018)
Post ID: @OP+WoGLoLr

latest updates

Anyone hearing where next round of RIFs will happen heard SP WI shared services hit hard how about any other shared services-claims processing locations

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| 1000 views | | 1 reply (November 30, 2018)
Post ID: @OP+WnonxHm

Holiday Party

Just got word that due to expenses there in the claim department there will be no reimbursement for holiday lunches/dinners this year. How are we supposed to keep morale at any level above the toilet under these conditions...Unreal!

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| 1910 views | | 11 replies (last December 10, 2018)
Post ID: @OP+WnVikUO

Lord Chris Holmes & AIG's Duperreault to join fireside chats with Premier at Bermuda's London industry events(Thomson Reuters ONE)

Being unemployed, can someone tell me how the above will improve the company, stock price and overall position of employees. I have been to Bermuda and it is very expensive. I am sure they will have several High Level employees for several days... — read more 

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| 1130 views | | 4 replies (last November 29, 2018)
Post ID: @OP+WmcrDcd

November 2018 Claims RIFs

What’s the story with layoffs this week? I’m most interested in claims adjusters, managers and lawyers in NYC but Id also like to hear what’s going on in Olathe and Alpharetta.

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| 2790 views | | 15 replies (last December 6, 2018)
Post ID: @OP+WlvRDMG

Layoffs under the radar

AIG has learned to stay under the radar but not doing RIF all at once. I am a 20 plus year veteran and they will continue mid 2019 I am told. No unit is safe from RIF's AIG is not writing many business as they did before. Also with the extensive... — read more 

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| 1360 views | | 3 replies (last November 28, 2018)
Post ID: @OP+Wlo18LH

November 2018 Layoffs

No unit is safe this time around. Payday is November 30th and so are the layoffs coming Friday AM. Schedules have been rearranged to accommodate the in- person and over the phone layoffs. Managers are expected to assume the duties of the departed... — read more 

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| 3591 views | | 20 replies (last January 4, 2019)
Post ID: @OP+WkMHxqR

SIU?

Look I hate to post this as is it a small unit but I just can’t get any straight information anywhere. Bottom line I’m somewhere in the middle. Have not been here forever. No major severance package waiting for me. I have to work. The SIU unit has... — read more 

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| 13220 views | | 42 replies (last August 8, 2022)
Post ID: @OP+WkhakgJ

More this year?

Is it true we'll see more layoffs this year? I've been hearing from a few coworkers on that possibility, but there's been nothing concrete, just speculation. I think it would be really cruel to lay people off so close to Christmas, but this is AIG so... — read more 

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| 2070 views | | 10 replies (last December 12, 2018)
Post ID: @OP+Wk4Y8EW

Blackboard Update

Does anyone have any updates on blackboard? Are they seeing any revenue yet? Have they had any layoffs?

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| 1450 views | | 5 replies (last December 27, 2018)
Post ID: @OP+WjHO14b

There are other companies that value experienced workers

Job market is good now. I got RIF'd and found an even better job / pay. YOU CAN DO IT TOO. Hang in there, tap your contacts/network and keep records. There are other companies who value experienced workers for what they bring to the table that a... — read more 

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| 1130 views | | 4 replies (last December 6, 2018)
Post ID: @OP+Wh7pPD2

Awards and Recognition

Check this out: https://www.aig.com/about-us/awards-and-recognition I guess the person updating this page was let go. There are no entries since Feb 2018. LMAO...

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| 687 views | | no replies yet
Post ID: @OP+WdpVNIy

Construction Coverage Done?

So the head of Construction underwriting was Riffed. So I guess we’re done writing that now?

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| 1640 views | | 5 replies (last November 27, 2018)
Post ID: @OP+WaHYkPz

WSJ article: labor market is tight

This article states labor market is tight lotssa jobs and very few ppl. Comments? https://www.wsj.com/articles/youre-hired-no-we-dont-need-to-meet-you-first-1542298757

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| 590 views | | no replies yet
Post ID: @OP+Waj0CyC

What’s killing this company

People don’t share information. People don’t see a reason to give information out if it is to someone not in their tiny little in group. People joke about taking people to lunch just so they can get a little help. That’s insane. We’re in the same... — read more 

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| 1790 views | | 9 replies (last November 22, 2018)
Post ID: @OP+WajmSKO

Post-layoff assistance

Has anyone here taken advantage of their post-layoff outside career counseling offer? I admittedly walked out pretty p.o.'d but I'm heading toward the cutoff point of using them, if only for a professional re-do of my resume. Being one of the... — read more 

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| 1480 views | | 6 replies (last November 25, 2018)
Post ID: @OP+W9TTAI2

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