Thread regarding AIG (American Intl Group Inc.) layoffs

Why RIF now instead of 3 months ago?

2-3 months ago, the pandemic unemployment benefit gives an extra $600/week... so for some employees, getting RIF'ed could result in a pay bump until end of July.

So if AIG lays anyone off, it should've done it then. But now... the benefit is only for another month and the job market isn't great.... so not the best time to lay off employees. I'm confused.

by
| 1681 views | | 3 replies (last June 29, 2020) | Reply
Post ID: @OP+15GICduA

3 replies (most recent on top)

Because BD and friends couldn't rif in a pandemic and ask the board for their $20M payday so they just waited until they got paid to move forward with rifs. Don't worry though, AIG cares about you and your family in these trying times. LOL

by
| | Reply
Post ID: @1qnv+15GICduA

wrong - misinformed - AIG pays sti/lti as severance delaying state unemployment benefits for many many months

by
| | Reply
Post ID: @1bss+15GICduA

Because the company doesn't care about you they care about themselves

by
| | Reply
Post ID: @cmk+15GICduA

Post a reply

: