Watch the movie "The Company Men"....lots of similarities with AIG
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RIF’d September 2018 after 26 years, and no increase in those last 9 years.
To Post ID: @8jxy+165iPgo2 I totally agree with you. It's such a joke how wasteful they are with branding and logo's. Yes quite a few positions could be saved with that wasteful expenditure. Hancock was bad but these clowns in here now BD and PZ are just greedy and only care about their friends. They could care less about the company and about the employees. The board is fast to sleep and probably getting some kind of kick back. You don't need a college education to see what is going on at this company and how it's a sinking ship that will sink. Very sad.
RIF'd (FIRed inside out) in Spring '16 after 20+ years. The good years were definitely under Greenberg, Benmosche brought the company back but then Hancock undid everything. BD and PZ just line their own pockets, hire their friends at gross salaries and waste money. Anyone notice they subtly rebranded again recently - changed the logo from light blue back to dark blue, the color of the old logo. I wonder how much that cost including changing the stationary, at least a few people's annual salaries???
worst part about all this insanity is that the company spent tons of money in 2013 delayering, reorganizing, having meeting after meeting doing succession plans only to now have pz hire people at the senior level putting the company back exactly where it was. top heavy. lather, rinse, repeat.
To Post ID: @8coc+165iPgo2 I totally agree with you. I worked for 20 years and was RIF'd in July. I have seen this company continue to spiral down in the last 3 years. It's a mess and the board is just as incompetent as BD and PZ. It's a totally top heavy company going nowhere. Just about everyone I worked with was waiting to get RIF'd. So sad that the present senior management has gotten paid the most and done the least and has done more damage than any of the past leadership.
RIF’d in 2019 after 17 years. AIG is a POS company, PZ, BD and TD are over rated and have raped the company of millions of dollars. The stock price has not rebounded after 3 years at the helm, the company is still in distress, employees are still being laid off, morale is in the toilet, technology still stinks, etc etc. The board of directors are clueless mo–ns who feel they can spend their way out of their death spiral by giving a blank check to BD and PZ to hire stupid consultants to tell them what needs to be done, when they were hired to do that. How is the plan doing? It’s not working. Although I have stock in the company, I hope it fails and goes down in flames. Let the senior mgt rot in hell and take some middle mgt with them.
RIF'd August 2017 at age 56. 15 years of the RIF black cloud over my head, with the last 10 years zero raises. There is life after AIG. At the very least, I won't die from a stress-related heart attack sitting behind one of their c-appy "ergonomically correct" desks. I had to adjust to never seeing that salary again, at my age I couldn't expect anything more to be part of a required interview pool where the job would go to a 30 year old with an MBA, but still no regrets. Zero.
Agree, and why would the average employee bust their butt to make this company an insurance leader when everyone knows that the execs are just getting richer and will eventually jump ship when the money train runs out.
Hank was tough but he had class. He built the company so he had an investment to see it succeed. this revolving door CEO and their buddies have no skin in the game. It's all greed now. once you get to a certain level how much money do you really need how much do you really have to keep s—ing out of the company it's ridiculous how do they sleep at night
Oh yes it has s....d the life out of most of the workers, but not management or senior management. It's been going down and further down since Greenberg left. He was good to his employees and didn't waste money like senior management does. This company is sinking by the day. Glad I'm out and I doubt that the stock will ever go up much more than a few points.
40 years . Wow you deserve an award. I worked there for twelve years and I always said it was like dog years working at AIG just s— the life out of you
RIF after 40 years. Best thing that ever happened to me. However I have so much more to give but AIG us not the same
RIF'd several years ago. I hate that place and the arrogance. I ran it out to the end. Never ever thought I'd make a career there and was in it to get the RIF package. They target older folks and whoever said they take care of their pets said it right. I had my plan laid out and I'm so happy now. I feel sorry for anyone who thinks there is more to this company than a short stop-off or anything other than a 'you-know-what' hole. Thanks for setting up this post. Good to hear from the alumni.
End of summer, 2018 after 15 years. Had good contract work up until the COVID lockdown.
May just retire at end of year if nothing comes up. I remember the good days under Greenberg when working there meant something, now just another government-run hell-hole where just the elite prosper. Do not miss a thing. Best wishes and good luck to all!
July 2020, 19 years and oh of course it was due to AIG 200....what a joke
Spring 2019 after 14 years.
Rifd 2019. After 12 of the hardest years I ever at worked in my life. Started right before the Meltdown. Worst move I ever made to come to AIG. Im older but still need to work. Worked a bit last year. Now I'm looking again. But still don't miss the place. No raises for years. Only people's pets get to keep their jobs.
RIF 14 years. Trading Stock now and doing very well
RIF’d July 2020 after 18 years.
RIF’d September 2018 after 28 years. Loyalty doesn’t exist in this company.