Last week around 250+ from IT, Corporate Finance & Transformation teams were let go ....next big round in Sep
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Would like to ask leadership how they feel about bald lies to minions about no layoffs. But it's now trickle down effect is apparent as all levels seem to be lying about everything to each other.
That's about the only transparency in AIG right now.
I think that they are going to continue to do cuts and will do a bigger one in Sept. So sad because this company is not what it once was and the leadership is ruining what is left.
They will not wait until Sept. They need to cut expenses because Commercial Underwriting is not writing new business. Break the company up!