So many posts from people confirming some sort of mass layoff is supposed to be happening post STI. Well, STI's have been paid so when can we expect these layoffs to occur? Anyone with any real info & not just rumors?
Significant Recent Departures in IT
Does anyone know what's going on IT? There have been large waves of resources leaving.
I regret taking a job at AIG!
AIG is the worst company I have ever worked for. $0 raises and not even full sti despite always meeting expectations on review. Their excuse is there was not enough money to pay full bonus. They are so cheap!
Layoff A reality finally
Straight talk layoff confirmed after STI. Employees to be chased like forest animals and laid off like buffalo herds. Management had planned this nicely keeping hands on old employees to through performance appraisals cutting the money through low... — read more
BEST CEO
will be no surprise if PZ is given the noble prize for business. He has effectively shredded the employees. Have increased share holder value through collator with Accenture.
Best CEO
PZ is the best CEO given how he has effectively increased share holder value of the company. There will be no doubt he will be given the Nobel Prize for Business.
Is AI being used to monitor employee messages
This could help for the mass layoff easily.
Accenture's not meeting their SLA stats
https://www.thelayoff.com/post/@OP+1qBYxkXn Person who posted the attached is spot on. When Accenture's shared services does not meet their performance goals it means our performance scores often are blown before we've even been assigned claims! If... — read more
Corebridge 10% Layoff coming to a theater near you
With Annual performance out managers are lining to talk to their employees. Underlings will be targeted first then followed by next and next. STI will be cut to a bad size. Managers have been asked by management to critique the employees badly and... — read more
If the goal is to reduce expenses....
So it seems the big goal for 2024 is to reduce expenses. My suggestion would be to offer a volunteer layoff with a decent severance. Guaranteed you'll have people lining up & AIG can save face from having to do it themselves! Of course it will never... — read more
Seriously WT…
Bonus pool is flat. Thanks for nothing!
Accenture's success rate "helping" other Insurers?
Curious if anyone has contacts at other Insurers that Accenture has supposedly "helped" that can speak to the result? Oops! Nevermind. The result that only matters is the stock price, not the drop in quality and service to policyholders. Duh!
Hope CEO enjoys Davos
Hope PZ is given enough per diem to enjoy all that Davis has to offer! Now get back to work! PS , Layoffs are coming post STI. Hint, mainly in Operations.
Corebridge Layoffs and Bonus
To talk about layoffs after bonus distribution
Accenture nightmare
Accenture is helping ki-l AIG, one bad claim setup at a time... Incorrect claims, incorrect corrections and it can take weeks for corrections. But i guess that special business relationship is too important to care.....
Head of claims removed
Any idea on why Vidovich was sacked? Also, claims went under operations... What does this mean??
Look for a new job while there are still options available
I accidentally stumbled upon a job that really piqued my interest and several interview rounds later, I have a job offer. The pay is not as good, but I'll be honest with you, all I want to do is get rid of the mental stress. If that means taking a... — read more
AIG Layoffs 2024
This thread is for info about potential AIG layoffs? Any chatter, news or rumors?
Top Executive to be RIFfed
News to follow one of the top executive in corebridge financial to be Riffed by PZ. Check the name when the news comes out.
Layoffs would be great right about now
I'd volunteer. Happily.
Today’s townhall
Any thoughts on today’s townhall. What does ‘AIG Next’ really mean and what happened to ‘AIG200’, are they the same but different names…also the townhall voice quality was terrible it kept breaking up…anyone else experienced that … — read more
2023 STI/bonus?
Any word on this year’s STI date? Sometimes it’s Jan, Feb, or March. And any word on how full the amounts will be? Even setting aside upper management’s desire to fill their own pockets (expecting a lot of that comment lol), the stock has been... — read more
Full Time Remote Workers?
Curious, I thought AIG was doing away with allowing individuals to work fully remote? We still have 2 in our unit that were fully remote before Covid & continue to be fully remote & state they will not work in the office. Maybe I misunderstood but I... — read more
Corebridge Layoffs
Some recent layoffs at Corebridge. Rumor is they will re-evaluate Q1/Q2 of 2024. Need to meet the expense reduction goal to look better on paper.
New PZ Direct
Surprised to see no comment on yesterdays announcement of JR retirement and new head of tech. Think any additional re-orgs due to this?
Work Outside of Work
What’s the deal with AIG not allowing their employees to work night shifts at other jobs/gigs/businesses outside of business hours especially when there is no conflict of interests? Can someone explain.
Corebridge layoffs
Any corebridge layoffs that people are aware post here
Validus sale to RenaissanceRe
I wonder what we lost on that sale. Maybe OK given we keep Talbot and Western World, but if it were sold at a profit one would think they would be trumpeting that accomplishment. Will dig in 10q to find out.
Risk Engineering
Any word on the reductions of the engineering side? Especially the commercial property risk engineering team.
RTO coffee badging - would they know?
Recently read about “coffee badging”. If you are working in an office without any colleagues in the same office, would AIG know?
PIP performance evaluation
So after almost 11 years at AIG, I am put on a PIP plan after "returning" to work however still working from home. I worked from Home for aprox 4 years, I am terrified due to my injury to my leg and still healing having to walk all over in the... — read more
AIG reshuffles leadership to focus on underwriting business
What do you think of the news today? Giving the highly paid a bigger title problem means more $$$ as well. Do you think there will be downstream impact with the announcement today?
AIG Layoffs
AIG is laying off in Houston, TX! From an internal source, they are laying people off without severance packages and then denying unemployment claims.
RTO - disciplinary action ?
Have any AIG employees been disciplined for not returning to the office for the 3/4 days per week? I know we have all been asked to do this, but I dont know anyone who has actually been disciplined for not doing so. At the moment, 3/4 days seems... — read more
Leadership. Where Is It?
TAP grad supposed to get offer for perm placement. No one will provide update, and no one seems to know anything. Wondering if choosing AIG was a mistake.
Is there a retiree group for AIG retirees anywhere ?
Does anyone know if there a retiree group for AIG retirees ( including lay off-eees) anywhere ? I'd love to discuss some issues with others.
So Long, Solash
It can no longer be ignored. CRBG is falling apart. First there were the layoffs, followed by a rash of resignations, and earlier this month, the President of Life and Retirement quietly resigned. The rot is so bad that the head fell off. I’ve... — read more
Actuary leadership be like
"I wish I was a visionary, inspiring genius who occasionally steps on people's toes to get things done." "But I'm not visionary, inspiring, or anything close to a genius and most things I get done are meaningless." "I know! I'll stamp on someone's... — read more