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

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

Moving on

GOT terminated/downsized by AIG. I had a feeling something was going on at the gut level but never expected to get let go on a week i was on vacation. I was downsized by AIG back June 2009 BUT got rehired two months later. I wont ever go back there... — read more 

Job cuts

Anyone know anything about these job cuts and who they will hit? Work in commercial claims so wanted to see if anyone knew who would be hit the hardest. Thanks

What does this mean?

What does a 200 million dollar loss and stock price down 5.5 per cent mean as far as layoffs are concerned are layoffs the fix or quick fix for such devastating financial news thanks Asked in another thread, but I'd like an answer as well. Hope the... — read more 

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| 1524 views | | 3 replies (last September 11, 2018)
Post ID: @OP+Uw2eMHR

Is finance being hit?

I think I read somewhere that this week will be bad for finance. Is that true? Has there been any new info on it?

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| 1300 views | | 3 replies (last September 6, 2018)
Post ID: @OP+UwYRkm7

August 6 to 10

What is happening this week with the layoffs. Seems like Thursday is the big day.

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| 2000 views | | 5 replies (last September 11, 2018)
Post ID: @OP+UwNIim9

8/3 Townhall

No one ask Brian about layoff, but he did say they will increase hiring oversea folks to keep the company competitive and help them grow. Apparently, we’re a bunch of dumb--s and the real talent are offshore. Such b---s---. I work my butt off for... — read more 

AIG is not the company that it used to be

I think that we can all agree that AIG is not the company that it used to be and layoffs are imminent. Getting let go is a somewhat sour experience in varying degrees. I have been there. OK let’s change gears. This is an excellent job market out... — read more 

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| 1060 views | | 3 replies (last September 8, 2018)
Post ID: @OP+UtJKCuB

Sell Out

it's a dying business and they have thrown in the towel. Your strategy cannot be to cut your way to a turnaround. At this point, they are getting their finances in order to be acquired. CEO will net +100 million in a 3 yr span between his signing... — read more 

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| 1160 views | | 2 replies (last August 28, 2018)
Post ID: @OP+Ut1G05a

Anybody from Global Claims here?

Somebody said Global Claims would be hit hard on August 2. Is there anybody here who can tell us what's going on there right now?

It’s very strange

To come onto this site and be barraged with ads for AIG insurance. I mean I get it and all, you got to make a living.

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| 671 views | | 1 reply (August 2, 2018)
Post ID: @OP+UstOsWk

AIG layoffs 8/1

Can people please let us know if anything is happening at their locations today? We know major layoffs are incoming this month, some have apparently already taken place yesterday. It would be great if we could share info to know what's being hit and... — read more 

How far & wide will impending layoffs reach

News on theLayoff.com about big time layoffs has many concerned a post earlier mentioned if you were not a profit center expect layoffs - can anyone define or say what constitutes a ‘profit center’ - there is a ‘Claims Processing Center’ in Olathe KS... — read more 

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| 1340 views | | 8 replies (last August 1, 2018)
Post ID: @OP+UqMgXqk

Good advice

The layoffs are an ongoing process within AIG. They have (upper management) been doing this now for many years. You need to always be ready as if it is your last day at AIG. Let go of the stress, it does not help. If you find the stress unbearable... — read more 

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| 1600 views | | 3 replies (last August 28, 2018)
Post ID: @OP+UdCe2zg

Are AIG layoffs finished?

After surviving last week's layoffs, now I'm stressing once again about a possible continuation this week. Does anybody know if it's done for sure? Been getting contradictory information so I am really not sure what to think about it. So far it's all... — read more 

7/12

Any news today?

Show of Hands

Yes, I know they hand out sheets of paper telling you that you have not been singled out due to race, age or gender. But let’s have a show of hands. If you have been given the boot this week, please tell us your gender, race and whether you are over... — read more 

AIG Layoffs Today, 7/11

Reductions happened today in multiple locations. The sky didn't fall but good people were impacted. Multiple teams, automation, security, project managers, devops and others. The IT teams are still in the respective locations. It's my understanding... — read more 

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| 1634 views | | no replies yet
Post ID: @OP+U7NiclJ

AIG 2020 Cost Initiative - Manila

Much is being moved to Manila for the 2020 cost initiative. We have been working with them for about 18 month and if you think IT is bad whoa! Overall just too agreeable to a fault. But you get what you pay for... US IT needs to be more accountable... — read more 

Can we get more info on IT layoffs, please?

How many people were laid off? Is it done or will there be more notifications sent out this week? Somebody already asked this in another thread but they didn't get an answer, so I was hoping posting it separately might get it more attention and... — read more 

Layoffs today in IT

Some IT "execs" were let go today in NY. The svp of help desk and the one gent who was "global head of AI".

Are we looking at more changes?

Anybody here worried that this whole reshuffling thing could spill over into lower levels? I don't mind seeing shakeups in management, but I'm also worried that we are next on the list. Restructurings rarely go without more significant layoffs, after... — read more 

ELT Reshuffling

Big moves at the top of the house today under the CFO. I wonder if this is the start of something bigger on the finance side..

CTO gone

CTO out at AIG. Will drive trickle down change in IT.

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| 1480 views | | 4 replies (last April 27, 2018)
Post ID: @OP+SRblXhk

H1b- How lovely to not be an American

While US employees at AIG are laid off in droves, the company's filings for H1b for even such jobs as Business Analyst goes on unabated. Do you think you will convince anyone that there are not any Americans workers who are well qualified to be... — read more 

Scumbag move

The Supreme Court handed a defeat to former American International Group Inc CEO Maurice "Hank" Greenberg, refusing to hear an appeal arguing that the federal government illegally bailed out the insurer during the 2008 financial crisis.

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| 631 views | | no replies yet
Post ID: @OP+Soljoa0

MAJOR LAYOFFS AT BERKELEY HEIGHTS OFFICE

Major layoffs are expected in the BH office within the next year (think Parsippany a few years back). Need to make room for NYC/JC employees in order to save more money with AIG's real estate footprint. Hearing up to 1/4 (whole floor) of BH staff to... — read more 

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| 1830 views | | 1 reply (April 8, 2018)
Post ID: @OP+SiG6um8

Too Quiet

It's been too quiet. Is this a good thing or just a calm before the storm? Anyone hear of any upcoming cuts?

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| 1100 views | | 2 replies (last March 29, 2018)
Post ID: @OP+Sh1O4XZ

Clean Slate?

Anyone being trained for the new AIG Blackboard Insurance? This is the first I've heard about it. www.blackboardinsurance.com. Looks like they are hiring.

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| 751 views | | no replies yet
Post ID: @OP+RSlzHBm

Major layoffs incoming to AIG

The PAD and RRD departments will also sustain major layoffs in the next few quarters...the goal is to have many of these departments moved totally overseas by 2020 If your a manager with the majority of your underlings overseas, do you think that... — read more 

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| 2410 views | | 4 replies (last March 23, 2018)
Post ID: @OP+RHk0OwQ

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