Thread regarding AIG (American Intl Group Inc.) layoffs

Yahoo Finance on PZ (via Reuters)

https://finance.yahoo.com/news/numbers-guy-insurance-dna-finally-151822855.html

In the couple of Town Halls I attended - before my RIF-ing in 2019 - PZ instilled zero confidence with me.

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| 1304 views | | 8 replies (last February 15, 2020) | Reply
Post ID: @OP+13tDkLSq

8 replies (most recent on top)

Investors know that someone's not being transparent and things don't add up

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Post ID: @3ntl+13tDkLSq

What a joke this company is. Apparently investors feel the same way as the stock tanked today even after reporting a much better year than the previous today

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Post ID: @1qfn+13tDkLSq

Yes they will be advising how to restructure, RIF, and transform the new structure. They need consultants and new and newly created senior management. Ha Ha. Ya I'm sure that some are getting kickbacks.

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Post ID: @1wcm+13tDkLSq

More consultants?? And they talk about reducing expenses, that is pretty funny

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Post ID: @1nwd+13tDkLSq

Or another jet. They like those. Except for the minions. More talent is leaving, replaced with Accenture instead of McKinsey. Makes sense given several new execs are Accenture alumni. Wanna bet they're getting kickbacks under the table?

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Post ID: @1sfp+13tDkLSq

Who are they kidding? This is PR spin.

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Post ID: @qbm+13tDkLSq

Nonetheless, AIG’s stock has dropped more than 11% since the current management team arrived. Analysts say whoever runs AIG next will have to fix that, too. So we have gone from bad to worse since BD and his buddies arrived.

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Post ID: @kpj+13tDkLSq

You probably got RIFed so he could buy some fancy furniture at the new office in mid town. Terrible

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Post ID: @lei+13tDkLSq

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