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

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

A piece of advice for those who got cut at AIG...

I got cut from AIG few months ago. If you are technologist from FW, retrain in on demand technologies like cloud/security using severance period rather than taking a vacation. Unless you are in 50's (ageism impact) market is very hot in DFW area . I... — read more 

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| 1380 views | | 3 replies (last November 29, 2018)
Post ID: @OP+W9XDtOU

2019 Cuts

Layoffs will continue well into 2019. AIG continues to think reducing headcount will help the bottom line when it is in fact a smokescreen for the fact the leadership does not know how to generate profits and write risk effectively...

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| 4240 views | | 2 replies (last February 28, 2019)
Post ID: @OP+W9u2jFM

Teams impacted today?

Anyone have more complete details as to teams impacted today and upcoming? I know of many in Fort Worth and some in Jersey. What I know is that many today were good people who bled AIG, worked numerous hours above and beyond the norm. I hope all of... — read more 

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| 1580 views | | 2 replies (last November 14, 2018)
Post ID: @OP+W8AAGWE

Philippines RIFs January 2019

There is several different rumors regarding layoffs in Philippines in January 2019. I havent seen them here on thelayoff but I've heard about this in the office.

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| 1131 views | | 2 replies (last December 7, 2018)
Post ID: @OP+W2bxmqz

Any layoffs this week?

Been hearing something about tomorrow, but I'm hoping nothing comes of it. Any news on it here?

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| 3120 views | | 14 replies (last November 14, 2018)
Post ID: @OP+W1v4hP6

Life and Retirement Business Unit

Hi All, Hows the Business unit L&R doing? Are there any layoffs expected at L&R? I hear that this unit is doing better... so I m not sure whether this will be impacted or not? Can other unit's performance degradation impact healthy business units? — read more 

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| 1120 views | | 1 reply (November 5, 2018)
Post ID: @OP+VZfRz2C

Quiet Last week in Fort Worth

This past week was the first pay week where no RIFs were felt by the location that I am aware of. Soon it will be down to 4 or 5 people left at the data center.

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| 870 views | | 1 reply (November 5, 2018)
Post ID: @OP+VZJ5wWw

Layoffs

Will continue per the town hall today put in a round about way. Heard of one layoff today in NY. Not sure which department though.

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| 2210 views | | 12 replies (last November 4, 2018)
Post ID: @OP+VV72oYl

MMS

Any news on layoffs for healthdirect and mms. Really not hearing much but can't imagine MMS won't get big hit.

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| 1630 views | | 7 replies (last November 15, 2018)
Post ID: @OP+VU6avpe

AIG Layoffs 2019

Make a prediction and tell us what you think about AIG Layoffs in 2019 -- Thoughts??

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| 29167 views | | 81 replies (last December 14, 2019)
Post ID: @OP+VT1whrW

Can we all agree..

That AIG s---s..that we are all miserable and the long term people are bideing their time for the package?? Get it over th BD and stop the suffering......... just do it!!!

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| 1500 views | | 4 replies (last November 1, 2018)
Post ID: @OP+VQqZmnz

RiF

Anyone else praying they get RIF'ed? Pretty disappointed I didnt get the last round. I hear December there will be more but who knows.

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| 2750 views | | 17 replies (last November 14, 2018)
Post ID: @OP+VPVclCV

Do we actually know more layoffs are coming?

I see so much talk about more layoffs coming, but there are no details, no concrete info, nothing. Do we actually KNOW more layoffs are coming? Or are we all getting bent out of shape for nothing?

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| 1950 views | | 12 replies (last November 20, 2018)
Post ID: @OP+VPMqR1l

Severance reduction?

Is it true we are looking at possible reduction in severance? I overheard something at the office, and if it's true then AIG is sinking even lower than I thought. But I'm honestly hoping what I heard were just idle rumors. Any chance somebody here... — read more 

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| 1900 views | | 7 replies (last November 14, 2018)
Post ID: @OP+VORzY6F

STI Damage

What's the scoop on sti funding? There's been talk as low as 50% funding.

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| 6280 views | | 25 replies (last November 1, 2018)
Post ID: @OP+VOSdZq5

Stock: 42.23

Whoa!! By the time it gets to 30, BD will be the only one left. There is no new business being written and laying people off in all departments left and right. There will always be hurricanes and tsunamis so is this going to be the continued excuse... — read more 

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| 1070 views | | 5 replies (last October 25, 2018)
Post ID: @OP+VO7x2AE

Layoffs are the new norm at AIG

Layoffs are the new norm at this company. This has been going on for years now. They let go people with experience who actually know what's going on. They hire recent college grads who have no clue for half the salary. The they claim what a diverse... — read more 

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| 1195 views | | 1 reply (October 25, 2018)
Post ID: @OP+VN8eq1E

Strategy gone wrong: M&A over Buyback

Apparently, this mess with stock price can easily stop if BD decides to change course from M&A strategy to the old dictum of buy back. Not sure what's stopping the CFO kid to suggest that. But it isn't just AIG that'sh--. Even MetLife and others are... — read more 

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| 1100 views | | 3 replies (last November 19, 2018)
Post ID: @OP+VNweLC9

Stock keeps going down, get ready for more layoffs

We seem to be in a free fall for the past several weeks and there is really no sign of it slowing down. And we all know that the only solution for that are layoffs. Not figuring out what's wrong with the company, not changing the strategy to maybe... — read more 

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| 1460 views | | 3 replies (last October 24, 2018)
Post ID: @OP+VMjl45I

Double standards

I agree that the environment is toxic with the fear of layoffs in many areas of AIG. Brian has been with the firm for more than 1.5 years and the stock went down more than 20%, when the S&P went up more than 10%. Seriously, where is the... — read more 

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| 1180 views | | 3 replies (last October 25, 2018)
Post ID: @OP+VMlmrwM

Lousy management

What's the deal with putting all the wrong people in management positions? People who can't manage themselves, let alone anybody else? Also, why would they pay higher rate to people from the outside they bring in for managerial position when there... — read more 

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| 1990 views | | 12 replies (last October 25, 2018)
Post ID: @OP+VLVo57X

AIG Execs bonus

I know below is old news but it will happen again. Senior Management is the only one who wins. NICE AIG execs received $6mn bonuses before mass layoff announcement

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| 1020 views | | 2 replies (last October 26, 2018)
Post ID: @OP+VLG0tKx

The culture of constant layoffs

I see people talking about layoffs at AIG on this board. Been following it for a while and saw a couple of you asking the question “ will the layoffs ever end?”. I really don’t know how everybody doesn't get by now that layoffs (and the fear of... — read more 

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| 2190 views | | 7 replies (last February 3, 2019)
Post ID: @OP+VKRkfdJ

AIG at a 52 week low / More lay offs coming

Shares of American International Group, Inc. (AIG) are down in post-market trading, after the company announced it expects to report third-quarter 2018 pre-tax catastrophe losses, net of reinsurance, of approximately $1.5 to $1.7 billion. AIG said... — read more 

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| 1560 views | | 3 replies (last October 22, 2018)
Post ID: @OP+VIqGNEi

Ohhhhh

Stock at a little over 48, good job BD, winning! Slowly, sarcastically, claps.

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| 1320 views | | 6 replies (last October 19, 2018)
Post ID: @OP+VIUMonT

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